There are 955 Microfinance banks in Nigeria, the Nigeria’s apex bank licences them and are also insured by the Nigerian Deposit Insurance Corporation (NDIC). They are: Check the list of commercial banks, merchant, mobile money operators, and other organizations that provide financial-related service.
The Federal Executive Council on July 22, 2020, approved the sum of N75, 000,000,000.00 (N75Billion) for the establishment of the Nigeria Youth Investment Fund. NYIF Loan Interest Rate: 5% The NYIF is for the period of 2020 – 2023 dedicated to investing in the innovative ideas, skills and talents of Nigerian Youth. It is also aimed … Read more
Unbelievably, you need just N10,000 to become a SANEF agent provided you meet other eligibility requirements. For exited N-Power beneficiaries, the Central Bank of Nigeria WILL provide the takeoff capital for you. Gbam!…You become CBN-Certified Mobile Money Agent in your community. The difference between a super agent and an agent, we’ll tell you more in this … Read more
Tony Elumelu Foundation 2022 application portal will open January 1 through March 31, 2022, organisers of the programme have said. Applications are submitted through TEFConnect, the digital networking hub for the African entrepreneurship ecosystem, created by the foundation. Sponsored by one of Africa’s biggest philanthropists Tony Elumelu, TEF Entrepreneurship Programme is open to entrepreneurs from … Read more
Recently, the Federal Government announced the registration of unemployed youths across Nigeria by the National Directorate of Employment (NDE). The registration is across all the 36 states of the federation and here are the office address of NDE for the unemployed Nigerians to register. About NDE The National Directorate of Employment (NDE) was established in November … Read more
The 2016 first batch of the youth empowerment programme was the only ones that enjoyed the N-Power devices for the programme. The 2016 batch never did, it was rumoured that they would be given devices, but no one knows what happened along the line. But if you want to know more about the devices that … Read more
An option to resign from N-Power programme has been activated on the portal of batch c stream 1 thereby making it simple for beneficiaries who are have gotten another job opportunity or dissatisfied by the management of the youth empowerment programme. Pulling out of the programme isn’t a new thing as batch A and Batch … Read more
Focal persons are FG’s N-power representatives in their state serving as liaisons between the N-power headquarters (in Abuja) and the beneficiaries in their respective state. Disclaimer: Most of N-Power states focal persons in this article may have been replaced. We urge you to reach out to your supervisor. Summary of Sadiya Farouq’s Meeting With NSIP … Read more
The Special Adviser to President Muhammadu Buhari on Social Investments, Mrs Maryam Uwais, on Thursday, disclosed that 80 per cent of funds for Social Investments Programme (SIP) was gotten from the recovered looted funds by former Head of State, Late Gen. Sani Abacha. Abacha was a formed dictator who died on June 1998, more than … Read more
President Muhammadu Buhari has announced that the job initiative programme N-Power Scheme will now be under the newly created Ministry of Humanitarian Affairs, Disaster Management, and Social Development (FMHDS) N-Power is under the Special Intervention Programme, which is under the supervision of the office of the Vice-President, Prof Yemi Osinbajo since its creation in 2016. … Read more