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FUNDING MSMES IN NIGERIA

Governor Seyi Makinde plans to disburse N500 million fund to youth entrepreneurs in Oyo state.
The Federal Government commenced the disbursement of N30,000 one-time grant to 330,000 artisans across the country.
The LSETF has suspended the repayment of loan obtained by 11,000 MSMEs and technology start-ups in the state to help reduce the financial burden caused by the Coronavirus outbreak. 
FEC on Wednesday approved the issuance of a Sovereign Guarantee from the Credit Suisse AG London Branch and a syndicate of international lenders.
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