Nigeria’s Access Bank Announces N50Bln Interest-free Loans For Businesses

Following the impact of the Covid-19 pandemic, coupled with the hijacked #EndSARS protests that led to the looting and destruction of businesses that has thrown Nigerians and business owners into debts, Nigeria lender, Access Bank, has announced N50 billion in support of Nigerians through interest-free loans and grants.

The loans, the bank said in a statement on it’s official LinkedIn page, is targeted at supporting communities, the youths, and micro, small and medium-sized businesses.

According to the bank; “Now more than ever, we remain committed to our purpose of impacting lives positively. In light of the recent occurrences, we will be supporting Nigerian businesses with 50 Billion Naira interest-free loans and grants. Watch this space for more information.”

Your Friends Also Read:  French Court Sentences Moroccan to Life in Prison for Terrorism

This show of support from Access Bank is expected to help alleviate and stimulate economic activities, as well as produce many positive multiplier effects on the economy.

As a way of supporting SMEs and the working class of the country following the recent damage of properties and livelihoods experienced across the nation, @myaccessbank has rolled out interest free loans of up to N50bn. The fund is expected to serve as a kickstart to these affected communities, people and businesses.

Leave your vote


All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from News Central TV.
Your Friends Also Read:  Onyekuru Replaces Injured Kalu in Super Eagles Squad

Contact: digital@newscentral.ng

Total
0
Shares
Previous Article

Food Prices In Nigeria Went Up In September – Nigeria Bureau of Statistics

Next Article

Statue Of Nigeria's First President, Azikiwe, Set On Fire By Hoodlums

Related Posts

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.