Access Bank Nigeria Plc. has announced an initiative of N50 billion to assist Nigerians with free loans and grants to support the youths, communities, and micro, small and medium-sized businesses.
The bank made this known on its official LinkedIn page.
The Bank in an official statement said, “Now more than ever, we remain committed to our purpose of impacting lives positively. In light of the recent occurrences, we will be supporting Nigerian businesses with 50 Billion Naira interest-free loans and grants. Watch this space for more information.”
Many businesses in Nigeria have had a share of ill-luck following the impact of the Covid-19 lockdown and just recently the hijacked #EndSARS protest gave rise to the looting of businesses and destruction of public utilities.
It is believed that the gesture from Access Bank will help reduce the impact of the losses and also go a long way to catalyze the revival of economical activities.