BII and FCMB Partner to Provide N72.5bn Credit to Support Northern Nigerian MSMEs

BII and FCMB (NGX: FCMB) have collaborated to offer N72.5bn credit to aid Micro, Small, and Medium Enterprises (MSMEs) in Northern Nigeria, particularly women-owned businesses. The initiative targets enhancing economic resilience, promoting innovation, and fostering financial inclusion in underserved communities.

Yemisi Edun, the MD/CEO of FCMB, highlighted the partnership's significance in driving inclusive growth and empowering entrepreneurs to create jobs and strengthen local industries. The British International Investment's involvement underscores the UK's commitment to promoting economic development in Nigeria through investments.