CBN develop a Creative Industry Financing Initiative

DID YOU KNOW THAT THE CENTRAL BANK OF NIGERIA has developed a Creative Industry Financing Initiative (CIFI)?

 Interested applicants in the creative industry are advised to submit applications to their banks for approval & disbursement. The initiative has four pillars- Fashion, IT, Movie & Music.

You can get a loan of up to:
- N3m for Software Engineering student;
- N30m for Movie production business;
- N500m for movie distribution business;
- Cover rental/service fees for Fashion, and IT business;
- Cover fees for training, equipment, & rental/service for Music biz.

Go to any bank of your choice to access the fund. The maximum interest rate of 9.0% per annum is applicable to all loans.

For more information, please visit