EXECUTIVE secretary/chief executive officer of the Nigerian Investment Promotion Commission, Alhaji Mustapha Bello, has disclosed that six micro-finance banks in the country will receive about $8.4 million grant this year. Bello who spoke in Kaduna at the Business Development Services fair jointly organised by the World Bank and the Federal Government, said the lifeline was to address the problem of poor access to loan and equity capital confronting micro, small and medium enterprises in Nigeria.

Dr. Biodun Adedipe is the Chief Consultant of B. Adedipe Associates Ltd. which specialises in management and financial consultations, environmental scanning and calibration, training, feasibility studies, recruitments, strategic planning and advisory services.

The Central Bank of Nigeria (CBN) has released the operational guidelines for proposed National Central Switch (NCS) for all card and electronic funds transfer transactions in the country, giving all switching companies in the country till July 30th to connect to it.

The President of Cashew Nuts Association of Nigeria (CNAN), Mr Tunji Owoeye have urged the CBN to properly supervised the disbursement of the N200 billion grant for commercial farming to meet the desire impact.

THE United States Agency for International Development (USAID) and major stakeholders in the Agriculture sector yesterday urged the Federal government to as a matter of urgency bring up modalities that would increase the competitiveness of agro business especially in the face of the present global economic meltdown.