Regulatory Alerts2015-02-05 | DFD/DIR/GEN/SMEF/1/001N300 Billion Real Sector Support Facility (RSSF) Guidelines
The Central Bank of Nigeria has established a N300 billion Real Sector Support Facility (RSSF) to improve access to finance for Nigerian SMEs and manufacturers. The facility offers long-term loans with a minimum amount of N500 million and a maximum of N10 billion for a single borrower, at an interest rate of 9% per annum. The facility aims to boost output, create jobs, and increase foreign exchange earnings in the manufacturing and agricultural sectors.
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credit
monetary
advisory
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