Posts tagged “Finance Correspondents of Nigeria”

September 2015

BOI says poor business plan hinders credit to SMEs

The Bank of Industry, BOI has said though the Small and Medium Enterprises, SMEs are backbone to development of many nations funding has remained a challenge to that sub-sector. The BOI noted that poor business plans have continued to make banks reluctant to give credit SMEs. The banks managing director, Rasheed Olaoluwa [...]