Banks should accept intellectual property as collateral for loans –D’banj

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Famous artist, Oladapo Oyebanjo, also known as D’banj, has upheld the utilization of protected innovation as insurance for acquiring bank advances, the News Agency of Nigeria reports.

An assertion gave on Friday by the vocalist’s supervisor, Damian Okoroafor, cited the artiste as saying this in Abuja, at the initiation of the Nigerian Export-Import Bank’s Women and Youth Export Fund stage for simple admittance to reserves.

D’banj said, “Our inventive industry is a greater and preferable fare over the oil business. Thus, there is the requirement for more admittance to calm assets for those in the inventive business, utilizing their protected innovation as insurance.

“At the point when you check out the world, probably the greatest fare is the innovative area, because of our music, motion pictures and photographs.

“So, WAYEF is another opportunity to fully throw some weight behind the creative industry, through capacity training or access to funds.”

D’banj, had on March 26, rewarded five young talented Nigerians, in different fields, with one million naira each to develop themselves.

He extended the gesture through his Cream Platform, which is supported by Heritage Bank’s YNSPYRE Initiative.

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