According to him, the Registry is a financial infrastructure set up by the Central Bank of Nigeria (CBN) with support from the international finance Corporation, World Bank Group to address the challenges around access to finance by Micro, Small and Medium Enterprises.
Bulus made the disclosure at a town hall meeting for MSMe’s in the ICT, E-commerce & Poultry value Chains and Financial Institutions in collaboration with the Deutsche Zusammenarbeit (GiZ) a German based international organisation, and CBN at Crespan hotel in Jos the Plateau State capital.
Represented by Mr Christian Nwosu explained that it is an online database that allows lenders register their interest and determine their priority interests over movable property taken as collateral for loans.
