The Federal Government has declared its intention to provide assistance to both small and large businesses as part of efforts to revive the country’s struggling economy. Furthermore, the student loan program is set to commence in the upcoming session. The Permanent Secretary in the Federal Ministry of Education, David Adejo, revealed this information in Abuja … Read more
Microfinance entails delivering financial services to individuals or groups with low incomes who are typically excluded from traditional banking. The primary focus of most microfinance institutions is to provide credit in the form of small working capital loans, commonly referred to as microloans or microcredit. Microfinance aims to extend financial services to economically disadvantaged individuals … Read more
SMEDAN, the Small and Medium Enterprises Development Agency of Nigeria, is a dedicated entity focused on fostering the growth of small and medium enterprises (SMEs). In collaboration with the Federal Republic of Nigeria, SMEDAN is extending substantial loans to business owners, contributing to economic development as the new government emphasizes stability. According to a … Read more
In a landmark move, the Federal Government has launched a transformative cash transfer program, committing to provide N25,000 to 15 million households monthly. President Bola Tinubu, in fulfillment of a campaign promise, officially inaugurated the initiative, targeting households across the nation for a monthly financial boost. The inauguration ceremony took place on the occasion of … Read more