The Lagos State Government has signed a Memorandum of Understanding (MoU) with a German Development Agency, GIZ, on human capacity development with a special focus on the youths for increased economic productivity. The MoU aims to provide a viable skills development programme that would empower young people for employment opportunities. Nairametrics reports the Lagos State […]
NIRSAL announced on Thursday that it had facilitated over N148bn in finance and investments for agriculture and agribusiness.Giving an account of the operations of NIRSAL in the last 13 months, Abdulhameed, disclosed that NIRSAL also aggregated over 3,000 agro geo-cooperatives with 500,000 farmers on nearly 800,000 hectares of land. Punch reports, the Managing Director NIRSAL, […]
After a devastating 2020, there is a greater need for Nigerian innovators to rise to the challenge. Those who seek for a better way of life know this is the time to build solutions that will not only help the affected industries heal. It’s the perfect time for Nigerian innovators to show the world that […]
Many businesses have been struggling to survive the negative effect of the pandemic.The Bank of Industry said it has verified over 64,000 companies that applied to benefit from the Payroll Support scheme of the Federal Government and paid 311,000 beneficiaries under the scheme. Punch reports that in a statement on Tuesday said the BOI Stakeholder […]
The Federal Government and Tiimafrica are taking supplementary applications for youths who run businesses, they are supposed to apply for a one time grant worth $5,000 to 100 businesses. The Ministry of Youth and Sports Development is executing this for young entrepreneurs through a partnership with Tiimafrica. Vanguard reports, in November 2020, Tiimafrica in partnership […]
Central Bank of Nigeria, ordered deposit-taking banks and other financial institutions to immediately close accounts transacting in or operating cryptocurrency exchanges, saying such deals are “prohibited.” The tough stance by the central bank comes after protests in October against the excesses of the police’s Special Anti-Robbery Squad, known as SARS, which saw organizers accepting Bitcoins […]
The federal government of Nigerian has been disbursing survival funds in the last few months and they have recently released another N27bn. Tola Johnson, Special Assistant to the President of MSMEs in the office of the Vice President, said that a total of 100,000 businesses across the 36 states and FCT would benefit from the […]
With recent growth in economic and technological space, and the ever increasing challenge of employability more than 75% of new job opportunities are expected to be skill-based. It is only left for individuals and bodies to think outside the box and proffer solutions. Realising this need and the importance for a skilled workforce which can […]
The Federal government has commenced the distribution of support cash grants for 3000 women in Enugu, this is part of the Federal Government’s Grant Project for Rural Women. Premium Times reports that Sadiya Farouq, the minister of Humanitarian Affairs, Disaster Management and Social Development, disclosed this in a statement on Sunday. The statement, issued by […]
In a bid to mitigate the impact of COVID 19 and its adverse effect on entrepreneurs and SMEs the OYO state NDE has gone ahead to train up to 1000 entrepreneurs on NIRSAL/AGSMEIS loan. Vanguard reports that, No fewer than 1,000 entrepreneurs have been trained in Ibadan on how to access the Agri-Business/Small and Medium […]
