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    Home»Business»#EndSARS: Access Bank Announces N50 Billion Interest-Free Facility For Businesses
    Business

    #EndSARS: Access Bank Announces N50 Billion Interest-Free Facility For Businesses

    Ifetayo AdeniyiBy Ifetayo AdeniyiOctober 24, 20201 Min Read
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    Access Bank Nigeria Plc. has announced N50 billion in support of Nigerians through interest-free loans and grants to support communities, the youths, and micro, small and medium-sized businesses.

    This information was disclosed by the bank through its official LinkedIn page.

    The bank’s official statement read thus,

    “Now more than ever, we remain committed to our purpose of impacting lives positively. In light of the recent occurrences, we will be supporting Nigerian businesses with 50 Billion Naira interest-free loans and grants. Watch this space for more information.”

    Why it matters

    The impact of the pandemic, coupled with the hijacked #EndSARS protests that led to the looting of businesses and destruction of properties has thrown so many Nigerians into debts.

    This show of support from Access Bank will help alleviate and stimulate economic activities, as well as produce many positive multiplier effects on the economy.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
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    Next Article #endmalaria: Nigeria Youth Congress Pay Visit to Prince Ned Nwoko, pledge support for the Malaria Eradication Project
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

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