Echotitbits – Nigeria News

Tag: SME financing

  • Regent Microfinance Bank Says MSME Lending Has Crossed ₦10bn in Total Disbursements

    Regent Microfinance Bank Says MSME Lending Has Crossed ₦10bn in Total Disbursements

    Photo Credit: The Punch
    2025-12-23

    Coverage from Punch says Regent Microfinance Bank says it has crossed ₦10 billion in cumulative lending to MSMEs, pitching the milestone as part of a push to narrow Nigeria’s credit gap.

    The report suggests the lender pairs credit with advisory support and repayment flexibility to help small businesses survive inflation and weak demand.

    For MSMEs, the key test remains conditions—pricing, tenor, and speed of disbursement—especially as working-capital stress persists.

    Punch framed the milestone: “By reaching the N10bn mark in disbursements…”. The Nation also reported the bank “has disbursed over N10 billion in cumulative loans disbursements…”.

    Echotitbits take: MSME lending is essential but default risk is high in this cycle. Watch for portfolio quality after Q1 2026 and whether borrowers get practical support like bookkeeping and inventory discipline.

    Source: The Punch — December 23, 2025 (https://punchng.com/regent-mfb-crosses-n10bn-msme-lending-milestone/)
    The Punch2025-12-23

  • World Bank moves to unlock $500m credit boost for Nigeria’s MSMEs

    World Bank moves to unlock $500m credit boost for Nigeria’s MSMEs

    Photo Credit: Punch / World Bank
    2025-12-18 09:00:00

    According to The Punch, the World Bank is moving to support Nigeria’s micro, small and medium businesses with a $500 million financing package aimed at widening access to credit and strengthening inclusive finance.

    The facility is framed around improving lending channels that actually reach MSMEs, especially where high interest rates and collateral hurdles keep firms outside formal credit.

    Verification: The World Bank’s project documentation describes objectives to “increase access to finance for micro, small and medium enterprises.” Business Insider Africa also reports an approved/advancing $500m package for MSMEs.

    Quotes: World Bank: “increase access to finance for micro, small and medium enterprises…” (documents.worldbank.org). Business Insider Africa: “approved a $500 million loan to Nigeria…”

    Analysis/Echotitbits take: MSMEs don’t just need money—they need cheaper, reachable money with clear pipelines. Watch the implementing institutions, eligibility rules, pricing, and whether funds reach real producers rather than being trapped in intermediaries.

    Source: The Punch — 2025-12-18 — https://punchng.com/world-bank-set-to-approve-500m-loan-to-support-nigerian-msmes/

    The Punch 2025-12-18