Baobab Nigeria disburses N500bn in loans to support MSMEs

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Baobab Nigeria, a microfinance bank, has disbursed close to N500 billion in loans to micro, small, and medium-sized enterprises, reaffirming its commitment to financial inclusion and business growth in Nigeria.


The bank made this known in a statement on Friday, highlighting its ongoing efforts to empower small businesses through accessible and tailored financial solutions.


The bank stated it has successfully supported nearly 300,000 clients, enabling entrepreneurs to grow and scale their businesses.

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