The sum of N1.63 billion has been approved by federal government for poultry farming in Borno, Plateau, Yobe and Zamfara states. The minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Farouk, disclosed this at the end of the 43rd virtual federal executive council (FEC) meeting presided over by President Muhammadu Buhari on…
The Securities and Exchange Commission has said it is working with the Central Bank of Nigeria (CBN) for better understanding and regulation of cryptocurrencies. The Director General, Lamido Yuguda, stated this at the 2021 first post-Capital Market Committee (CMC) virtual news conference. Yuguda said the SEC was in discussion with the CBN to understand better…
BusinessDay newspaper has reported that about 612 may licensed Microfinance Banks (MFBs) in Nigeria may close shop if they fail to meet the recapitalisation deadline the first threshold of which is due by the end of April, although the final deadline will be in 2022. The banks were established to meet the financial needs of…
