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NNPC Strikes $1.5bn Oil-for-loan Deal With Traders

NNPC Strikes $1.5bn Oil-for-loan Deal With Traders   The Nigerian National Petroleum Corporation has signed a $1.5bn prepayment deal led by Standard Chartered and backed by two oil traders, Vitol Group and Matrix Energy, Reuters reported on Tuesday. Quoting sources said to be close to the development,...

Ondo Shares N166m Loans To Traders, Artisans

Ondo Shares N166m Loans To Traders, Artisans   The Ondo State Government, through the Ondo State Micro- Credit Agency, on Thursday disbursed a sum of N166 m as soft loans to members of over 21 groups of traders, artisans and business owners. Some of the groups that...

200,000 Traders In Kano Benefit From TraderMoni Loans

200,000 Traders In Kano Benefit From TraderMoni Loans   Over 200,000 petty traders in Kano State have benefited from the Federal Government’s social intervention programme, the TraderMoni scheme. This is as the Government Enterprise and Empowerment Programme under the Office of the Vice -President, Prof Yemi Osinbajo,...

Traders, Farmers To Hold Politicians Accountable

Traders, Farmers To Hold Politicians Accountable The National Association of Nigerian Traders (NANTS) has called for accountability from in-coming governments, insisting that they must keep their promises. President of the association, Mr Ken Ukaoha, made the call at the public presentation of “Framers Manifesto and Traders...

FG, BoI Support Traders With Interest-Free Loans

FG, BoI Support Traders With Interest-Free Loans The Federal Government and the Bank of Industry on Tuesday gave out interest-free loans to traders in various markets across Lagos. The loan facility, tagged ‘Market Moni’ and ‘Trader Moni’, would see petty traders receive between N10,000 and N100,000...