CBN Grant Application Form 2024/2025 (Nigerians Only)

CBN Grant Application Form 2024/2025 (Nigerians Only): The Central Bank of Nigeria (CBN) approves N100 billion for small and medium businesses for citizens across the country. This intervention or grant is primarily aimed at stimulating small and medium-scale businesses ranging from manufacturing, agriculture, and industry

Every year, BILLIONS are released by CBN to fund individual businesses, in the form of free money and other types of funding for “ease of doing Business”

This money comes from CBN, most people know this fund exists, but don’t know where and how to apply, how much they qualify for, or even where to get an application forms

This post will take you through how you can apply for the CBN Grant for 2023/2024.

According to the CBN “Between April and May, the CBN had released N100 billion under the Anchor Borrowers’ Program to 185,972 new projects for the cultivation of rice, wheat, and maize,”

“This brings the cumulative disbursement under the program to N1.01 trillion disbursed to more than 4.2 million smallholder farmers cultivating 21 commodities across the country.”

“This brings the total disbursement under the scheme to N21.23 billion for 10 state-led and three private sector-led projects,’’

If you are thinking of getting the CBN grant for your small or medium business, there are many things you must do, yes is it free money, but it is given to people who have the prospect to make returns on the economy