Wednesday, July 9, 2025

FINANCE

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Organisation supports 152,446 farmers, SMEs with N12.2bn loan

The Lift Above Poverty Organisation (LAPO), says it disbursed N12.2 billion as loans to 152,446 rural farmers and owners of Small and Medium Scale Enterprises (SMEs) in 2020. Dr Honestus Obadiora, the Acting Executive Director of the organisation said this while reviewing the 2020 performance report of LAPO Rural Development...
FINANCENEWSTOP STORY

Buhari seeks amendment to Finance Act

  President Muhammadu Buhari, on Tuesday, sent an Executive Bill to the Senate that seeks to amend aspects of the recently assented Finance Act, 2019. President of the Senate, Ahmad Lawan, read Buhari’s letter on the floor of the Senate. According to Buhari, the Bill seeks to make clear that...
FINANCENEWSTOP STORY

NDIC establishes Fintech and Innovation unit

  The Nigeria Deposit Insurance Corporation (NDIC) has responded to technological innovations and applications in financial services with the establishment of a new “Fintech and Innovations Unit” to align with contemporary trends in advanced economies. The development is also in consonance with the Corporation’s Strategic Vision, which is to become...
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