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BOI-FGN SINGLE DIGIT LOANS FOR MSMEs TO COMMENCE JAN 2024  In keeping to President Bola Ahmed Tinubu’s promise to support the transformation of the MSME space in Nigeria, the Office of the Vice President in collaboration with @BOINigeria is set to commence the disbursement of loans to MSMEs by January 2024.  The loans, totalling about N75 billion, will be given to small businesses across the country at an interest rate of 9 percent. The Federal Government and the Bank will leverage existing platforms to provide the loans to small businesses, targeting women and youths.  Recall that the Federal Government has since the coming to office of the Tinubu administration, collaborated with stakeholders across the public and private sectors to provide massive support for MSMEs both in grants and loans. Recently, the management of Access Bank Plc approved an upward review of its loan scheme for MSMEs from N30 billion to N50 billion.  The upward review, according to the bank, i...

  If you applied for the Federal government grants and loan via HERE and have completed your application, I have an important Information for you. First of  all, you need to login your dashboard, once you are logged in, you click on the "Status" menu. From the information page that appears: 1. If the first image you see here is what you see where the loan amount is displayed, then you are safe 2. But if your status displays like the second image without loan amount, then i think your application is likely to have not gone through or is not selected. You can contact support.  

Negotiation is a give and take process between two or more parties (each with its own aims, needs and viewpoints) MYTHS AROUND NEGOTIATION ·         There must be a winner and a loser ·         Negotiation appears to involve conflict ·         Negotiation is not an option ·         Only cheap, petty people haggle ·         A good negotiator is manipulative THE RULE OF THUMB Let the situation determine the strategy and not the strategy the situation. THE NEGOTIATION PROCESS 1.      Prepare 2.      Discuss 3.      Propose 4.      Bargain In Negotiation, the Acronym BATNA is applied. BATNA stands for Best Alternative To Negotiated Agreement ·         When a proposal is bett...

  The EFCC has uncovered a total sum of N37.1BN allegedly laundered in the Ministry of Humanitarian Affairs under former minister Sadiya Umar-Farouk.  Details of the ongoing probe exclusively obtained by Sunday PUNCH revealed that the money was transferred from the Federal Government’s coffers and sent to 38 different bank accounts domiciled in five legacy commercial banks belonging to or connected with a contractor, James Okwete.  Following receipt of the funds, Okwete allegedly transferred N6,746,034,000.00 to Bureau De Change Operators, withdrew N540,000,000.00 in cash, purchased luxury cars with N288,348,600.00, and bought luxury houses in Abuja and Enugu State with N2,195,115,000.00. Fifty-three companies were allegedly traced to Okwete, who was also said to have used 47 of the companies to lift Federal Government contracts amounting to N27,423,824,339.86. He is also linked with 143 bank accounts in 12 commercial banks in which 134 accounts are corporate accounts lin...