The Agric-Business/ Small and Medium Enterprises Investment Scheme (AGSMEIS) is a voluntary initiative of the Bankers committee of Nigeria approved at 331st meeting held on 9th February, 2017. The scheme requires all banks in Nigeria to set aside 5% of their annual profit after tax (PAT) annually.
You can access upto N10m to fund your business or N5m for startup through NIRSAL MFB.
The Central Bank of Nigeria has approved a total sum of N25bn for disbursement to over 8,000 successful AGSMEIS applicants. […]