In a significant move to support Micro, Small and Medium Enterprises (MSMEs) in Nigeria, the Federal Government of Nigeria (FGN) in partnership with the Bank of Industry (BOI) has officially reopened the portal for the FGN/BOI MSME Intervention Loan. The portal is accessible to everyone, and interested applicants can now begin the registration process.
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What is the FGN/BOI MSME Intervention Loan?
The FGN/BOI MSME Intervention Loan is a financial empowerment initiative by the Federal Government through the Bank of Industry aimed at supporting small businesses across Nigeria. The program is designed to ease access to funding, boost entrepreneurship, create jobs, and strengthen the economy.
Who Can Apply?
This opportunity is open to all Nigerian MSMEs that meet the following basic criteria:
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- Have a registered business name with the Corporate Affairs Commission (CAC)
- Possess a valid Tax Identification Number (TIN)
No matter the industry – agriculture, manufacturing, services, retail, or creative – if your business meets the two conditions above, you are eligible to apply.
Key Requirements:
To successfully apply for the loan, applicants must ensure they have:
- CAC Registration Certificate
- Tax Identification Number (TIN)
- Business Information (name, address, sector)
- Bank Account Details
- Valid Means of Identification
- Business Plan or Financial Statements (where applicable)
How to Apply:
- Visit the official portal: https://fgnboimsmeinterventionloan.boi.ng/login
- Click on “Register” and fill in your business information.
- Upload the required documents including your CAC and TIN.
- Complete and submit your application.
- Wait for approval or further instructions via email or SMS.
Important Note:
This loan is part of the government’s commitment to support small businesses affected by economic challenges. There is no requirement to pay anyone for this application. Beware of scammers and only use the official website.
Final Thoughts:
This is a golden opportunity for Nigerian entrepreneurs to access funding to grow their businesses. Whether you are running a bakery, retail store, tech startup, or agricultural venture, this loan could be the boost you need. Take advantage of the opportunity now before the portal closes.
Need help registering your CAC or getting a TIN?
Contact us at [email protected] or call +2347089955668 for support.
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