Breaking: Small Businesses In Nigeria To Benefit 12 Billion Naira-BOI
Micro, Small and Medium Enterprises world over is regarded as the major nerve of every economy. This sector equally contributes greatly either directly or indirectly to the gross domestic product of the economy. To leverage on the potentials of this key sector, the Nigerian government puts in place various policies as well as incentives to assist operators of MSMEs. The move led to the partnership between the Nigeria’s Bank of Industry and Jaiz Bank a non profit making Islamic Bank that got three billion naira at the first instance to support and stimulate the sector.