The
Central Bank of Nigeria (CBN) says it will soon review the guidelines for
accessing the N220 billion Micro, Small and Medium Enterprises (MSME)
Development Fund to ensure easy access.
The
Acting Director, Development Finance Department of CBN, Mr Mudashir Olaitan,
said this at a workshop organised by the Nigeria Deposit Insurance Corporation
(NDIC) for business editors and finance correspondents in Kastina.
The
theme of the workshop is: “Recent Development in the Nigeria Banking System”.
Olaitan,
who spoke on “Framework for the N220 billion MSMEs Development Fund”, said that
five commercial banks had already signed Memorandum of Understanding with the
CBN on the way forward.
According
to him,
