Home Latest Insights | News This Bank Is Making 0% Interest Rate Loans In Nigeria

This Bank Is Making 0% Interest Rate Loans In Nigeria

This Bank Is Making 0% Interest Rate Loans In Nigeria

This sounds really cool – 0% interest rate on loans, in Nigeria.

The Bank of Industry (BoI) has reduced its interest rates for National Youth Service Corps (NYSC) members under its Graduate Entrepreneurship Fund (GEF) programme, to 0% from 9%, as part of measures to encourage entrepreneurship and aid business growth.

According to the BOI, the GEF scheme being implemented by it in partnership with the  NYSC Directorate is currently on the second edition and has recorded over N262.9 million disbursements to 177 successful candidates.

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The bank said the 0% charge took effect from May 1, 2017.

Visit the bank website and explore opportunities – http://www.boi.ng/

 

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