Unity Bank Disburses Over N500m Through SHOCOF to Support Traders

By Tony Obiechina, Abuja As part of efforts to promote SMEs and strengthen support for operators in the informal sector, Unity Bank has continued to empower small-scale traders and shop owners across Nigeria through its initiative called Shop Collateralised Facility, SHOCOF. SHOCOF is an innovative loan product, and Unity Bank has disbursed over N500 million

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