DRIVING FINANCIAL INCLUSION FOR SMALL BUSINESSES
Business Advancement: Key Areas To Understand
As a business owner, how much do you know about
protecting your business and its finances?
Small business owners are likely to take loans at one
point of their business life or another in order to
manage certain financial risks. Taking this course
would help you understand vital areas to look into to
ensure business growth and advancement.
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Course Endorsement
This course is developed and endorsed by the Central Bank of Nigeria in Collaboration with the Financial Literacy Working Group and the German Development Cooperation (GIZ)
More About This Course

KEY LESSONS FROM THE COURSE
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You will learn the right ways and places to borrow money/ take loans to avoid running into debts in your business.
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You will also learn about how to manage various business risks when they arise to avoid shutting down and ensure growth.
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You will learn how to make budgets and keep proper records of all finances made for the business.
Course Contents
The Central Bank of Nigeria is charged with the responsibility of administering the Banks and Other Financial Institutions Act (BOFIA), 2020, with the sole aim of ensuring high standards of banking practice and financial stability through its surveillance activities, as well as the promotion of an efficient payment system. In addition to its core functions, CBN has over the years performed some major developmental functions, focused on all the key sectors of the Nigerian economy (financial, agricultural, and industrial sectors). Overall, these mandates are carried out by the Bank through its various departments.
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