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Poll: Power pledge
Is Mr. President's promise of additional 6,000 MW of electricity in 18 months achievable?
Micro Finance
CBN to axe 77 microfinance banks for non-compliance
The axe is dangling precariously on 77 microfinance banks in Nigeria following their refusal to render their statutory returns to the regulatory authorities.
Which way forward for microfinance banks?
The setting up of the microfinance scheme in the country has raised hope of survival for the nation's active poor....LAPO targets one million clients, disburses N4.8 billion
Lift Above Poverty Organisation (LAPO), the largest micro finance institution in West Africa, disbursed a total sum of N4.9 billion to 135,974 micro finance enterprise owners during the 2007 financial year....Lagos targets project financing from microfinance banks
The Lagos state government has indicated that it will partner microfinance banks on projects in the state....Kwara in joint venture with MIC Microfinance Bank
Poised to ensure that the current wave of reform in the Nigerian economy has impact on its citizenry, the Kwara state government has partnered with leading Lagos- based micro finance bank, MIC Microfinance Bank Limited, as technical partner to provide technical support to Kwara State government in establishing the Kwara Commercial Microfinance Bank in conjunction with other private investor....Why MFBs’ interest rates are high
High operational costs and unavailability of cheap funds have been identified as major reasons why microfinance banks charge higher interest rate on loan obtained by customers....
Microfinance Banks will champion poverty eradication in Nigeria - Gapbridge MD
Kunle Akeju, Managing Director /CEO of Gapbridge Microfinance Bank says the growing number of MFBs makes it easier for them to champion the fight against poverty eradication in Nigeria.He spoke with EMEKA EZEKIEL. Excerpts...
Weak institutional capacity as bane of micro-finance banks
The high expectations of great contributions to a robust economy and the 2020 vision of the Central Bank of Nigeria (CBN), from microfinance banks, MFBs, may not be fully realised, unless owners and managers of MFBs address the issue of weak institutional capacity....Bank chief lists gains of micro- credit development fund
Lizzy Okereke, managing director of Azsa Microfinance Bank, has commended the Federal Government for setting up the N50 billion Micro-credit Development Fund....Log in
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Sam Pam
on
14 May, 2008 12:07:58
Two things amaze me, on the one side I can't imagine how brilliant government officials are not smart enough to notice that price-control mostly leads ...
Abiodun Oke
on
13 May, 2008 09:06:04
From all indications,its apparent the dearth of competence in the management of this kind of projects both on the part of EPC supplier and the ...
Saka Idowu
on
13 May, 2008 07:26:05
How can someone get cscs account opened?
Ariere Idholo
on
13 May, 2008 07:15:51
I just think it's high time we stop waiting for federal government intervention in everything. What I think Cross Rivers state government should do instead ...
Oye Akintoye
on
12 May, 2008 03:22:36
I don't think Kingibe's comments amounted to buck passing!! Unfortunately, in Nigeria of today, we focus too much attention on what the FG can do ...
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