W/Bank mobilises $5.79bn private capital for Nigeria
By Emma Ujah, Abuja Bureau Chief The World Bank Group has said it is helping to mobilise $5.79 billion in private capital for investment in Nigeria’s agriculture, telecommunications and micro, small and medium enterprises (MSMEs), in a major push to expand private-sector participation in the economy. The financing drive is being supported by policy reforms, […]
AMEN seeks FG’s intervention to stop SMEDAN evacuation notice
THE Association of Micro Entrepreneurs of Nigeria (AMEN) has called on the federal government to intervene in an issue concerning the evacuation notice issued to them by the authorities of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) on January 29, 2018. The President of AMEN, Mr. Fredrick Nwokeleme made this call on Friday during a press briefing in Lagos.
‘IBAI to extend insurance coverage to over 3m farmers’
THE National Insurance Commission, NAICOM, has said that the Index Based Agricultural Insurance, IBAI, will expand insurance products for agricultural lending from the current coverage of 0.5 million to 3.8 million agricultural primary producers.
Linkage Assurance, varsity harness talent for insurance industry
LINKAGE Assurance Plc in collaboration with the Niger Delta University (NDU) has commenced moves to harness exceptional talents for the nation’s insurance industry.
Rise in cost of funds to persist as CBN mops up N275bn
THE sharp increase in cost of funds in the interbank money market last week will persist this week, following the N275 billion liquidity mop up by the Central Bank of Nigeria (CBN).
Diamond Bank to give out N433m in DiamondXtra Season 10
DIAMOND Bank has set aside the sum of N433 million as the total prize money to be won in its Diamondxtra Season 10 reward scheme.
