BoI debunks vote-buying with Trader Moni, cites repayment ongoing
The Bank of Industry (BoI), has debunked allegations that the TraderMoni was being used to buy votes from beneficiaries, adding that many of the people who accessed the scheme are already repaying the loans.
‘Why we are supporting MSMEs with various intervention schemes’
Vice President Yemi Osinbajo, has said Micro, Small, Medium Enterprises (MSMEs), are the most important business component for economic growth and there should be supported for growth, Osinbajo said this at the weekend while launching the MSME clinic in Minna, Niger. “The MSME clinic is a response to the fact that we recognise that MSMEs…
BoI targets two million traders under tradermoni scheme
Not less than a million traders have benefitted from the social intervention programme, tradermoni, launched under the Government Enterprise and Empowerment Programme (GEEP). The Executive Director, Bank of Industry (BOI), Toyin Adeniji, said the initiative was geared towards empowering traders to receive financial empowerment to grow their businesses. “The government understands that these traders need…
FG, BoI disburse N20b facility to traders
The Federal Government has begun disbursement of over N20 billion credit facility to boost the financial base of petty traders nationwide.The exercise, which kicked off last week in Utako, Abuja before moving to Osun State, was led by Vice President Yemi Osibanjo...
FG unveils TraderMoni at Ojuwoye market
The boisterous Ojuwoye market at Mushin, Lagos State, was yesterday animated in anticipation of the arrival of the Acting President, Prof. Yemi Osinbajo, who was expected to activate the Government Enterprise and Empowerment Programme (GEEP) known as TraderMoni.
FG unveils one-stop shop for MSMEs development, ease of doing business
The Federal Government has set up a One-Stop Shop for Micro Small and Medium Enterprises (MSMEs), saying the move is aimed at removing bottlenecks hindering the growth and development of MSMEs in Nigeria.