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The Central Bank of Nigeria (CBN) has unveiled series of guidelines for Non-Interest Financial Institutions under its Agri-Business, Small and Medium Enterprise Investment Scheme (AGSMEIS), Micro, Small and Medium Enterprises Development Fund (MSMEDF), the Accelerated Agricultural Development Scheme (AADS) and seven other intervention schemes in its bouquet.
Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, disclosed this at a virtual meeting held with members of the OPS, made up of Manufacturers Association of Nigeria (MAN), Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Nigeria Employers’ Consultative Association (NECA), Nigerian Association of Small and Medium Enterprises (NASME), and Nigerian Association of Small Scale Industrialists (NASSI).
The Minister of Industry, Trade and Investment, Chief Niyi Adebayo, has assured the Organised Private Sector of Nigeria (OPSN) of the government’s support to its efforts to reboot the economy in the face of the COVID-19 pandemic.
The National Agency for Food and Drug Administration and Control (NAFDAC) has restated the need for Nigeria to promote local manufacturing sector.
The Federal Government says it will use the opportunities provided by the newly signed Finance Act to protect Micro Small and Medium-scale Enterprises (MSME) in the country.
The Nasarawa State Government is soliciting the cooperation and partnership of banks operating in the state to enable it execute its key policies aimed at bringing rapid development across the state.
Mr Asuquo Ekpenyong, Cross River Commissioner for Finance, says the state government has commenced agro-industrial revolution through its Green Money (G-Money) policy.
The Nigeria Bureau of Statistics (NBS) has said that Edo state’s service sector contributed N1.2 trillion to its N2.3 trillion Gross Domestic Product (GDP) in 2017.
The Managing Director of the Bank of Industry, Mr Olukayode Pitan, has urged State and Federal Governments to establish more universities of technology to drive development.
Vice President Yemi Osinbajo on Monday in Abuja, reiterated Federal Government’s commitment to provide Micro, Small and Medium Enterprises (MSMEs) with the needed support to grow.
In demonstration of its commitment to consistently promote and support the growth and development of the real sector, Keystone Bank Limited has embarked on a series of capacity building training in digital marketing and bookkeeping for its micro, small and medium enterprises (MSME) customers across the country.
The rising acceptance of micro pension scheme being driven by the National Pension Commission (PenCom), has led to steady rise in pension assets. The pension funds grew from N9.12 trillion in April to N9.33 trillion in June 2019, indicating a N21 billion increase.
Access Bank Plc is offering collateral-free financing support targeting 30, 000 Micro, Small, and Medium Enterprises (MSMEs) this year alone.
Access Bank Plc has said it granted up to N37 billion in loans to its Small and Medium Enterprises (SMEs) customers in 2018.
Ondo state government has reaffirmed its commitment to providing support for its residents as it partnered Facebook through its partners, 360 media to organize a capacity building training on digital marketing for Micro, Small and Medium Enterprises (MSME) owners in the state.
A group known as Ndigbo Unity Forum (NUF) has called on Ndigbo to unite to produce president of Igbo extraction by supporting a strong candidate that will be acceptable by the Northernmost and Southern leaders.
The candidate of the Labour Party in the September 19 governorship election in Edo state, Isaiah Osifo, said former Governor of Lagos State and leader of the All Progressives Congress (APC), Sen. Bola Ahmed Tinubu, cannot impose his ‘retrogressive’ politics on Edo people.
The National Leader of the All Progressives Congress, Asiwaju Bola Ahmed Tinubu, has told former President Olusegun Obasanjo that since death is inevitable for all mortals, there was the need for the living to be kind to the dead.
The Supreme Council for Islamic Affairs (NSCIA) in Ekiti says mosques in the state are now well positioned to meet the conditions for reopening amidst the COVID-19 pandemic.
Osun State Police Command has dismissed an Inspector, Ago Egharevbe, who allegedly brutalised a 20 year old fashion designer, Taiwo Ayomide, to death over N50 bribe.
The Defence Headquarters says the troops of Operation DELTA SAFE, on Tuesday, in Bayelsa, raided the Pirates/Militants’ camp and Kidnappers’ hideouts, eliminating six criminals.
President Muhammadu Buhari has congratulated Prof. Innocent Ujah on his election as President of the Nigerian Medical Association (NMA).
Governor David Umahi of Ebonyi state has said that COVID-19 will help in checking ‘giraffing’ among students during examinations.
The Education Authority, Federal Capital Territory Administration (FCTA) has directed all schools in Abuja to re-open academic activities for students in graduating classes on Tuesday.
The Nigerian Agip Oil Company (NAOC) has denounced reports its facilities spewed crude oil into the Orashi River in Rivers State.