Adewale Sanyaolu Traders at the popular Bodija and Oje markets in Oyo State have begged the Federal Government to make more funds available for them under the TraderMoni initiative. The TraderMoni scheme which is being implemented under the Government Enterprise and Empowerment Programme (GEEP) is aimed at empowering two million traders. A pepper seller in […]
The post TraderMoni: Ibadan traders beg FG for more funds appeared first on The Sun Nigeria. …
BoI
BoI disburses N2.8bn to 20,550 micro-enterprises in Kaduna
Managing Director of Bank of Industry (BoI), Mr. Olukayode Pitan, said the bank has disbursed about N2.8 billion loans to over 20,550 micro-enterprises and 280 Small and Middle Enterprises (SMEs) in Kaduna State.
Continue reading BoI disburses N2.8bn to 20,550 micro-enterprises in Kaduna at Vanguard News. …
Kaduna MSMEs get N2.8bn from BoI
About 20,830 Micro, Small and Medium Enterprises (MSMEs) in Kaduna State received N2.8bn from the Bank of Industry (BoI). The bank’s Managing Director, Olukayode Pitan, who disclosed this at the 20th edition of National Micro, Small and Medium Enterprises (MSMEs) Clinic in Kaduna, said the move was part of efforts to boost ailing businesses. The […] …
Kaduna traders commend FG’s collateral-free loan
Adewale Sanyaolu Some traders at the Abubakar Gumi Central Market, Kaduna, have commended Vice President, Yemi Osinbajo, for the collateral-free loan tagged TraderMoni, to boost their businesses. Osinbajo, who was in the state to launch the state’s edition of the scheme was accompanied by Governor Nasir El-rufai and other dignitaries, to acknowledge beneficiaries and encourage […]
The post Kaduna traders commend FG’s collateral-free loan appeared first on The Sun Nigeria. …
NECA Women Entrepreneurs task govt on funding
Bimbola Oyesola Federal Government may need to do more in supporting Women Entrepreneurs to succeed in business through easy access to funds. This is even as the women Entrepreneurs have stated that only single digit interest loan is what can be practicable for them to play active role in the economy. The NECA’s Network of Entrepreneurial […]
The post NECA Women Entrepreneurs task govt on funding appeared first on The Sun Nigeria. …
$200m NCI Fund: How amended guidelines’ll boost indigenous capacity
Adewale Sanyaolu Prior to now, indigenous operators and oil servicing companies represented by the Petroleum Technology Association of Nigeria (PETAN) and the Independent Petroleum Producers Group (IPPG) have often lamented the cumbersome nature and difficulty associated with accessing the NCI Fund. Regrettably, the lack of funding support for local operators responsible for the paltry five […]
The post $200m NCI Fund: How amended guidelines’ll boost indigenous capacity appeared first on The Sun Nigeria. …
‘Conditions for accessing $200m NCI fund now flexible’ ― NCDMB, BoI
THE Nigerian Content Development and Monitoring Board (NCDMB) and the Bank of Industry (BOI) said they have relaxed some of the conditions for accessing the $200 million Nigerian Content Intervention Fund (NCI Fund) by qualified […]
The post ‘Conditions for accessing $200m NCI fund now flexible’ ― NCDMB, BoI appeared first on Tribune. …
FG, BoI disburse N20b facility to traders
Trader Moni: BoI unveils collateral-free loan to grow 2m SMEs
BoI secures $750m facility for MSMEs financing
Ifeanyi Onuba, Abuja The Bank of Industry has secured a $750m facility from 17 financial institutions to fund the Micro, Small and Medium Enterprises sector of the economy. The syndicated facility would be given by 17 banks to the BoI to catalyse its funding of MSMEs in Nigeria. Some of the banks that would provide […] …