The National Institute of Credit Administration (NICA) has urged the Federal Government to immediately inject N2 trillion into the National Credit Guarantee Company (NCGC) to expand access to credit for businesses and productive sectors. The Registrar and Chief Executive Officer of NICA, Prof. Chris Onalo, made the call in a statement. The proposed capital injection is aimed at enhancing the capacity of the NCGC to provide credit guarantees, thereby improving access to finance for businesses.
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