₦75 Billion FGN/BOI MSME Intervention Fund: How Nigerian Businesses Can Apply Hybridteck Blog | Business, Entrepreneurship & Funding Opportunity Are you running a small business in Nigeria and looking for funding to expand your operations, purchase materials, acquire equipment or strengthen your working capital? The Federal Government of Nigeria, through the Bank of Industry (BOI), has established a ₦75 billion MSME Intervention Programme designed to support Micro, Small and Medium Enterprises across Nigeria. Unlike a grant, this programme provides loans that must be repaid . According to the official FGN/BOI MSME Intervention Portal, eligible businesses can access up to ₦1 million , with an interest rate of 9% per annum (all-inclusive) and a repayment period of three years . Repayment begins three months after disbursement . ( FGN/BOI MSME Intervention Portal ) Key Features of the Loan Feature Details Total Intervention Fund ₦75 billion Maximum per business ₦1 million Interest r...
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