Nigeria: CBN's Non-Interest Loans - NANTS Urges Members On Opportunities

Kano — The Kano State Chairman of the National Association of Nigerian Traders (NANTS), Alhaji Umar Ibrahim, has called on traders in the state to explore the opportunities in the revised Central Bank of Nigeria (CBN) non-interest guidelines, especially the newly launched Micro, Small and Medium Enterprises Development Fund (MSMEDF), for sustainable growth of their businesses.

Addressing members in Kano, Alhaji Umar recalled that the business community in the state had been agitating for years for a form of assistance that would lift the standard of the SMEs, adding that the CBN's non-interest MSMEDF was a funding lifeline extended to SMEs and should be explored.

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