Nigeria introduces new law to ease access to bank loans

349 views · Published 6 June 2017 · 3:03 · Indexed 20 September 2026

Channel: CGTN Africa · 2017 · News & Politics

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Nigeria's acting president Yemi Osinbajo has signed a new law intended to ease access to bank loans for small and medium businesses. The legislation makes it possible for entrepreneurs to use cars and electronic appliances as collateral security for business loans. CGTN'S Kelechi Emekalam has more.

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