Funding

Financial Institutions

To improve access to finance by SMEs, the Central Bank of Nigeria has approved the investment of the sum of N500 billion debenture stock to be issued by the Bank of Industry (BOI) with effect from May, 2010.

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Bank of Industry

FGN SPECIAL INTERVENTION FUND FOR MSMEs (National Enterprise Development Programme) The Fund is a Federal Government of Nigeria initiative to provide subsidized loans to Micro, Small and Medium Enterprises (MSME) at single digit (9% per annum) all inclusive interest rate. The Fund is also to cater for applications received from SMEDAN under the National Enterprise Development Programme (NEDEP) Scheme.

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Jaiz Bank

Jaiz Bank offers unique premium solutions to its teeming customers in line with Codes and Principles of Islamic jurisprudence. This is driven by a culture of service excellence, professionalism and adherence to the strictest ethical standards.

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SME FUNDS

ust a single Idea is the heart of the Matter to change the landscape or the world! We seek to hear more about your unique solution you are bringing to the world. What is the problem you are solving and how innovative is it? We are willing to provide the external factor (Capital you need to turn your idea into reality).

TEF

Tony Elumelu Foundation

The Tony Elumelu Foundation (TEF) is an African private-sector-led philanthropy focused on empowering African entrepreneurs. The Foundation was founded in 2010 by Tony O. Elumelu, CON, an entrepreneur, investor and philanthropist who is passionate about Africa’s economic development.