The Central Bank of Nigeria, in a bid to boost job creation and contribute to national development, has just created a platform for young Nigerians who function in the creative industry. The Creative Industry Financing Initiative is divided into four categories and is an avenue for those who have businesses in Fashion, Information Technology, Movie Production, Movie Distribution, Music and Software Engineering Student Loan.
The interested applicants would prepare a business plan/statement on how much is needed for the business, before proceeding to the bank to access the fund. The period for the repayment of the loans depends on the category for application. See below for more;
Image Credit: CBN