Viralsharebuzz

The federal government recently activated the 2021 N240bn Loan Fund. This fund will pump the technology, entertainment and creative sectors with over N240 billion in financing and investment set to take off by the end of the year. A presidential source said at the weekend that the financing, which is a $500 million loan to […]

The Senate on Tuesday approved $1.5 billion and €995 million (approximately N1 trillion at official exchange rates) external loan requests of the president. The approval was sequel to the consideration of the report of the Senate Committee Local and Foreign Debts presented by its chairman, Clifford Odia (PDP, Edo Central). President Muhamadu Buhari had in May 2020, […]

The Central Bank of Nigeria, CBN, has approved the sum of N2 billion to the Imo State government for the empowerment of artisans in the state. The Commissioner for Labour and Productivity, Ford Ozumba, disclosed this to newsmen on Tuesday in Owerri, while announcing the Imo 2022 Entrepreneurial Product Expo in partnership with CBN. He […]

As exciting news always awaits women as usual, it will interest you to know that Women Entrepreneurs Finance Initiative (We-Fi), under the African Development Bank (AfDB) has announced its intention to fund 69,000 women with $15 million in Nigeria, Cameroon, Egypt, Kenya, Mozambique with a view to improving their small and medium businesses. The statement obtained […]

Seven graduates of Michael Okpara University of Agriculture, Umudike (MOUAU), Abia State have benefitted from the institution’s Agric Graduate Loan Scheme. The loan, which ranges from N120, 000 to N400, 000 each was meant to undertake businesses in fish production, poultry and pig farming, cassava production, egg, palm oil and Agri input sales and marketing. The […]

The ministry of youth and sports development has asked Nigerian youths who applied for loans under the Nigeria Youth Investment Fund (NYIF) to respond to their emails. The federal executive council (FEC) had approved N75 billion for the establishment of the NYIF, an initiative of the ministry of youth and sports development, to financially empower youths between […]