The Agric-Business/Small and Medium Enterprises Investment Scheme (AGSMEIS) is a major program funded by the Central Bank of Nigeria (CBN) designed to help sustain the growth of small-scale businesses in Nigeria. It is managed by the NiRSAL Microfinance Bank (NMFB); the program offers affordable loans to entrepreneurs operating in agriculture, as well as other industries … Read more
The NiRSAL Microfinance Bank (NMFB) provides several loans and grants that are designed to help Nigerian entrepreneurs, small-scale entrepreneurs, and startup companies. These programs are backed through the Central Bank of Nigeria (CBN) and other federal grants that aim to create jobs and improve productivity for small-scale entrepreneurs. By 2025, NIRSAL Microfinance Bank continues to … Read more
The Micro, Small, and Medium Enterprises Development Fund (MSMEDF) is a Central Bank of Nigeria (CBN) initiative to encourage financial inclusion and improve the Nigerian small-scale business sector. In 2013, the fund offers low-interest loans as well as grant aid for MSMEs across the country, with a particular focus on youth, women, and rural entrepreneurs. … Read more
