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Micro-Finance Banks: Operators Call for Policy Fine-tuning

As the new CBN governor, Sanusi Lamido Sanusi, settles down to duties and unveils his plans for the nation’s monetary and fiscal direction, stakeholders in the micro-finance sector have called for a review of the micro-finance policy, Amaka Agwuegbo reports Micro-Finance Banks, MFBs, operators see great wisdom in the micro-finance policy of the former Central Bank of Nigeria, CBN, governor that led to the establishment of micro-finance banks across the country. They believe that by that decision, banking services was brought to millions of Nigeria’s un-banked population.

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FG Seals Housing Deals With 10 Developers

The Federal government has sealed partnership agreements with ten private real estate developers and investors under a Public-Private Partnership (PPP) arrangement, to deliver 16 housing projects in five states across the country and the federal capital territory (FCT). The beneficiary states are Adamawa, Niger, Osun, Ogun and Ondo.

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NAFDAC’S blanket approval for supermarket imports

The National Agency for Food and Drug Administration and Control (NAFDAC) woke up to its responsibility to ensure the wholesomeness and integrity of what we consume about six years ago. Over the years, the Agency carried the battle to the nooks and crannies of this country to apprehend the manufacturers as well as the distributors of fake and substandard foods, beverages, drugs and cosmetics. In the process, factories were shut down; local as well as imported unregistered products were seized from markets all over the country and publicly set ablaze.

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