Senate passes factoring bill to boost MSMEs’ growth

Vanguard Newspapers

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 […] The post Senate passes factoring bill to boost MSMEs’ growth appeared first on Vanguard News .

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