BoI Says Its Offering 0% Interest rate on Loans to Corps members

The Bank of Industry (BoI) in its move to encourage entrepreneurship and aid business growth had on Friday said it has revised its interest rates for corps members under its Graduate Entrepreneurship Fund (GEF) programme to zero percent interest charge from 9%.

 The Graduate Entrepreneurship Fund (GEF) scheme being implemented by the BoI in partnership with the national Youth Service Corps (NYSC) Directorate which is currently in its second edition, has recorded over 262.9 million disbursements to 177 successful candidates.
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