'Access to loans still a challenge to Nigerian women in business' | The Guardian Nigeria News - Nigeria and World News

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 94%

Business News News

Business Business Latest News,Business Business Headlines

“We are not only focusing on the members of our organisation, but also bringing women from other organisations to benefit from this summit to break the barriers.” Nigeria LoanAccess Business

Despite the directive given by the Central Bank of Nigeria mandating Deposit Money Banks to borrow 65 per cent of depositors’ money to support businesses in the country, access to loan still remains a major bottleneck to supporting women in businesses in the country.

“We are hoping to bridge gaps in areas of access to finance, gaps in access to markets, gaps to empower our women to be able to compete globally and strengthening the foundation of sister agencies to empower women in the country. According to her, participants from Mali, Senegal, Ghana and Cameroon are expected to grace the two days event.

She said NFNV focuses on expanding the role and participation of women in the financial sector while also increasing women’s access to finance and financial services.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines