Nigeria: CBN Unveils Guidelines for N300 Billion Real Sector Fund

The Central Bank of Nigeria (CBN), on Wednesday published guidelines for its N300 billion Real Sector Support Facility (RSSF) to help large enterprises finance their expansion needs.

Beneficiaries, who must be engaged in manufacturing, agricultural value chain and selected service sub-sectors, can apply through participating banks for between N500 million and a maximum of N10 billion for a single obligor. Request for an amount above N10 billion requires the special approval of the fund's management.

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