Experts seek more loans for SMEs | The Guardian Nigeria News - Nigeria and World News

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To drive economic activities in the country and improve the living standard of citizens, financial experts have urged the Federal Government to introduce policies that would enable small-scale businesses to have increased access to loans.

The experts, who run a digital bank, Branch, said the government must demystify the idea of loans in Nigeria to provide helpful financial services to people in the low-to-average category.

“More so, Nigerians need accessible loans, as they are highly instrumental to the survival of small businesses, and even larger corporations and governments. Many people in the low-to-average income category often require some sort of aid in between paychecks. The digital banking experts stated that their company thrives in accommodating lending policy towards small businesses and individuals.

 

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