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Contrary to speculations in some quarters, the TraderMoni scheme and other GEEP micro-credit products (MarketMoni and FarmerMoni) – a component of the Buhari administration’s Social Investment Programme, are still very much in operation, Mr Laolu Akande, the Senior Special Assistant on Media & Publicity to the President (Office of the Vice President), has said.
Osun State Governor, Mr Gboyega Oyetola, has expressed the readiness of his administration to continue to support the growth of medium and small scale businesses to boost the economy of the state.
The Bank of Industry (BoI) has begun to disburse loans of N15,000 to Tradermoni beneficiaries who have repaid their first N10,000 loan.
The governorship candidate of the Peoples Democratic Party (PDP) in Ogun State, Senator Kashamu Buruji, has promised to complete all abandoned road projects and provide stomach infrastructure for the people of the state if elected in the March 9 election.
The project implementation Unit of the GEM Project yesterday said the $160 million World Bank-funded project, being implemented by the Federal Ministry of Industry, Trade and Investment (FMITI), has been a success story.
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday stated that given that the inherent risks in granting loans to Micro Small and Medium Enterprises (MSMEs) by banks is now reduced tremendously through the introduction of the National Collateral Registry (NCR), small businesses will now be able not only to access credit but also access such at reasonable rates.
The National Association of Microfinance Banks, NAMB, has called for a full implementation of the National Microfinance Policy, NMP, in the application of intervention funds.
Former President Olusegun Obasanjo has pointed out that Atiku Abubakar, the Peoples Democratic Party’s (PDP) presidential candidate, would be a president to all Nigerians and not president to only those who would vote for him.
The Corporate Affairs Commission (CAC), on Wednesday commended the National Assembly for the passage of the Companies and Allied Matters Bill.
The Bank of Industry (BOI) has said that the micro credit scheme of the Federal Government, TraderMoni was not conceived as a political product to induce voters ahead of 2019 elections.
The Minister of Power, Works and Housing, Babatunde Raji Fashola, has called for accelerated infrastructural development in the country in order to foster prosperity.
Tony Okpanachi, managing director, Development Bank of Nigeria (DBN), says in its first year of operations, the bank exceeded its projected performance with a total loan disbursement of N31.36 billion to 35,000 micro, small and medium enterprises (MSMEs).
The Ewi of Ado-Ekiti, Ekiti State, Oba Rufus Adejugbe, has commended the the Federal Government for empowering common people through the TraderMoni scheme.
The presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, has revealed that he was personally involved and participated in crafting the ideas in the working document he released tagged “The Atiku Plan”, which contains his ideas on how to get Nigeria working again.
Vice President Yemi Osinbajo, has said micro, small, medium enterprises (MSMEs) are the most important business component for economic growth and there should be supported for growth, Osinbajo said this at while launching the MSME clinic in Minna, Niger.
Vice President Yemi Osinbajo, says Micro, Small, Medium Enterprises (MSMEs) are the most important business component for economic growth.
Men of the Inspector General of Police (IGP) Monitoring Unit in Rivers State, have shot dead two suspected kidnappers and rescued a medical doctor identified as Samuel.
Kano state Commissioner of Police, Mohammed Wakili, has apologised to the Nigerian Bar Association (NBA) over molestation and unlawful arrest of its members by policemen.
Juventus forward Cristiano Ronaldo has been fined 20,000 euros (£17,700) by Uefa for a goal celebration in the win over Atletico Madrid in the last 16 of the Champions League.
Suspected cultists have killed two corps members and critically injured another during an attack on their residence in Bayelsa.
In a bid to tighten the noose on money laundering and illicit financial flows, the European Union (EU) and Transparency International (TI), in collaboration with the Civil Society Legislative Advocacy Centre (CISLAC) on Thursday, in Abuja, launched the anti-money laundering tracker for Nigeria in particular and West Africa in general.
President Donald Trump heaped praise Tuesday on right-wing Brazilian President Jair Bolsonaro — and received plenty back — in announcing a special relationship that he said could even see the Latin American country join NATO.
A team of operatives of the Economic and Financial Crimes Commission, EFCC, led by the Uyo Zonal Head, Mr. Abdulkarim Chukkol, has arrested 12 crew members and illegally bunkered diesel, (Automotive Gas Oil AGO), which were arrested by the Nigerian Navy.
As the world marks the 2019 World Kidney Day, a Consultant Nephrologist, Dr. Yemi Raji, has emphasized low salt intake to reduce risk of kidney disease.
Nigeria’s U-19 Cricket Team proved bookmakers wrong by defeating host Namibia with 77 runs in the opening game of the Africa Division 1 ICC U-19 Cricket World Cup Qualifiers played at the Wanderers Cricket Stadium in Windhoek, Namibia yesterday.
The Police in Edo State have arrested suspected killers of four police officers in the state, the Edo State government has said.