As per a recent report, around 60% of Americans have insurance, but just 42% say they feel “extremely sure” about their capacity to figure out their strategy. This absence of certainty can have significant outcomes. For instance, just 51% of those studied said they understood what their approach covered, and 54% said they had never… Continue reading All that You Want to Be Familiar with Insurance
The Benefit of FG ₦592,332 Farmers Loan – Get Access Now
Loans given to cocoa farmers boosted production by 10% — Association chairman. Some years ago, Nigerian farmers were faced with various challenges such as poor funding, inadequate inputs, poor varieties, inability to sell produce due to poor access to market among others. To reverse the trend, the Central Bank of Nigeria (CBN), in line with… Continue reading The Benefit of FG ₦592,332 Farmers Loan – Get Access Now
₦800m Agric Loan – Farmers to Benefit
IFC, the largest global development institution focused on the private sector in emerging markets, has agreed to issue $18 million in debt financing to Robust International (Robust), a Singaporebased agricultural company with operations across the Asia-Pacific region and sub- Saharan Africa. Founded in 2006, Robust primarily trades in specialty crops such as cashews, sesame, ginger… Continue reading ₦800m Agric Loan – Farmers to Benefit
SMEDAN begins ₦1.5m Loan Disbursement
Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) in collaboration with Jaiz Bank Plc has commenced disbursement of proposed Matching Funds to boost the capacity of the micro and small enterprises (SMEs) in the country.. Only applicants from four states – Gombe, Nassarawa, Niger and Jingawa – who must have registered with SMEDAN are… Continue reading SMEDAN begins ₦1.5m Loan Disbursement
NIRSAL Microfinance Bank Non-Interest Loans
Following the CBN’s determination to extend a loan opportunity to firms, businesses and households that have been affected by the ongoing Covid 19 pandemic, NIRSAL Microfinance Bank’s portal has given applicants who meet its criteria the opportunity to apply. Micro, Small and Medium enterprises (MSME) with proof that the pandemic has drastically affected their businesses… Continue reading NIRSAL Microfinance Bank Non-Interest Loans
Tinubu’s Student Loan – 5 Things to Note
On June 12, 2023, while Nigerians were enmeshed in the nostalgia that Democracy Day evokes, President Bola Tinubu signed the student loan bill into law. The legislation was sponsored by Femi Gbajabiamila, the immediate-past speaker of the house of representative. The bill, which passed the third reading in the lower chamber on May 23, 2023, seeks to provide financial… Continue reading Tinubu’s Student Loan – 5 Things to Note
Farmers in Ogun receive loan from NDE
The National Directorate of Employment (NDE), through the Rural Employment Promotions (REP) Department has disbursed N4.2m loan to 42 farmers in Ogun State. Speaking at the Orientation and Verification ceremony, the Director General Mallam Abubakar Nuhu Fikpo, represented by the State Coordinator, Mr. Alao Babatunde Ismail, said the agricultural sector carries tremendous potential for eradicating… Continue reading Farmers in Ogun receive loan from NDE
Oyo State Trains 400 Youths on Entrepreneurship, Disburses Loan
The Oyo State Government has trained over 400 youths under the Graduate Industrial Self Emloyment Loan Scheme (GISES)on Entrepreneurial Development Programme (EDP) The program’s goal is to increase youths’ capability in terms of necessary knowledge and skills, with a particular emphasis on conducting feasibility studies and managing small-scale businesses. According to best practices from around… Continue reading Oyo State Trains 400 Youths on Entrepreneurship, Disburses Loan
CBN Disburses N75b agricultural Loan to Farmers
The Central Bank of Nigeria (CBN), under the Anchor Borrower’s Programme (ABP), has disbursed N75.9 billion loan to farmers between November and December 2021. The fund was used to support the cultivation of more than 383,000 hectares of maize, rice, and wheat during the dry season of the previous year, bringing the total amount of… Continue reading CBN Disburses N75b agricultural Loan to Farmers
NDE disburses over N1.4m loan to 74 beneficiaries
The National Directorate of Employment has announced the disbursement of the sum of N1.4m as loans to 74 beneficiaries in the Micro Enterprise Enhancement Scheme, under the Small-Scale Enterprise Department of the directorate. While addressing the beneficiaries on Wednesday during the flag-off ceremony of the disbursement in Port Harcourt, the Director-General of NDE, Abubakar Fikpo… Continue reading NDE disburses over N1.4m loan to 74 beneficiaries