Market Review: Improving Capital Market Financing for MSMEs In Nigeria
This edition of the Market Review show features Mr. Ayo Bankole-Akintujoye the Convener, Lagos SME Boot Camp as he speaks on "Capital Market Financing for MSMEs In Nigeria".
According to him Asset-Backed Securities should be deployed to support the financing of Micro, Small and Medium Enterprises through the Nigerian capital market.
He highlighted other instruments or products like Collateralized bonds and Special Purpose Vehicles that can be utilized to enable financing for businesses in the market. Speaking further on the SPVs he said there are models that can be developed for 5,000 small businesses or 1,000 that can make it easier to access the market, through the platform provided.
He called on the Securities and Exchange Commission to create the enabling regulatory support for initiatives designed by the capital market to support small businesses in the country.