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Senate passes factoring bill to boost MSMEs’ growth
By Henry Umoru, Abuja The Senate has passed the Factoring, Assignments and Receivables Financing Bill, a major legislative effort aimed at improving access to finance for Micro, Small and Medium Enterprises (MSMEs) and strengthening liquidity in the business sector. The Bill provides a legal and regulatory framework for debt factoring in Nigeria, allowing suppliers and […]
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vanguardngr.com
Senate passes factoring bill to boost MSMEs’ growth
By Henry Umoru, Abuja The Senate has passed the Factoring, Assignments and Receivables Financing Bill, a major legislative effort aimed at improving access to finance for Micro,…
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thisdaylive.com
Senate Passes Receivables Financing Bill to Unlock $50 Billion African Factoring Market for MSMEs
• Abiru: Nigeria’s share of continental market is under 1%