[Apply Now] CBN Creative Industry Financing Initiative (CIFI) Loan for SMEs

CBN Creative Industry Financing Initiative (CIFI) Loan

As part of the promises and effort to boost job creation among the youths in Nigeria, the CBN in collaboration with the Bankers’ Committee has launched a scheme called CIFI – Creative Industry Financing Initiative.

This scheme is expected to boost the financial capacities of SMEs, giving them access to loan facility up to N500 million with maximum interest rate of 9.0% per annum. Those whose business fall within any of these four categories are eligible to apply:

  • Fashion
  • Information Technology
  • Movie
  • Music

For more details on how to apply, see the document below. You can as well download it.

Wish you all the best in your application.

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