Lending: CBN simplifies collateral requirements for SMEs

The Central Bank of Nigeria has unveiled plans to simplify the collateral requirement for lending to Micro, Small Medium-Scale Enterprises. This move, according to the Director, Development Finance Institution, CBN, Mr. Paul Eluhaiwe, will enable the MSMEs to use moveable collaterals to secure credits from financial institutions. Eluhaiwe, who said this while addressing journalists at […]

Lending: CBN simplifies collateral requirements for SMEs

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