Central Bank of Nigeria Unveils Guidelines for Agric loans

The Central Bank of Nigeria has unveiled guidelines through it’s website for Agribusiness, Small-scale and Medium Enterprise Investment Schemes (AGSMEIS) and Micro Small and Medium Enterprise Development Fund (MSMEDF). The CBN will create a fund known as AGSMEIS Non-Intrest Fund which will be dedicated and domiciled in the Apex bank, 5% of Profit After Tax …