Borno, BOI partner to raise N1 billion to finance SMEs

Ireland News News

Borno, BOI partner to raise N1 billion to finance SMEs
Ireland Ireland Latest News,Ireland Ireland Headlines

Both parties will contribute N500 million after which the funds will be disbursed as loans to eligible entrepreneurs.

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 78%

The Borno State government and the Bank of Industry on Wednesday signed an agreement aimed at raising N1 billion to enhance small and medium enterprises in seven selected local government areas of the state.

“Both parties will contribute N500 million after which the funds will be disbursed in form of loans to eligible entrepreneurs,” a statement from the Borno State government house read.

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:

PremiumTimesng /  🏆 3. in İE
 

Ireland Ireland Latest News, Ireland Ireland Headlines



Render Time: 2025-01-12 10:04:54