4 results for “sme”
A study by BII and Swedfund found a $209 billion financing gap for Black-owned businesses across five African economies, with Nigeria accounting for $131 billion.
Nigeria's central bank has delivered its largest-ever cut to the benchmark rate. The question now is whether banks will pass it on to the businesses and households that need affordable credit.
New scoring models are widening access, though questions over pricing remain.
At least 30 percent of the sovereign-guaranteed funding is expected to support Nigerian small and medium-sized enterprises.