The Bank of Industry (BOI) has so far disbursed N15billion loans to about 400,000 micro-enterprises under the Government Enterprises and Enpowerment program (GEEP) of the Federal Government. General Manager, Large Enterprise, BoI, Mr. Leonard Kange, disclosed this, in Lagos, at the inaugural edition of the Vanguard Economic Forum Series on…
Operators in the Micro, Small and Medium Enterprises (MSMEs) sub-sector of the economy have faulted the planned five percent reduction in tax payable by small businesses in the country, claiming the reduction will have little or no impact on the sector. Recall that the Minister of Finance, Mrs. Kemi Adeosun,…
The Central Bank of Nigeria (CBN), in collaboration with the Bankers’ Committee on Thursday commenced disbursement of N26 billion Agribusiness Small and Medium Enterprises Investment Scheme (AGSMEIS) fund to the first set of beneficiaries. The CBN Governor, Mr Godwin Emefiele at the inauguration of the scheme in Abuja, said that…
