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The Central Bank of Nigeria has said that the banking sector will increase access to loans for Nigerian households and businesses in 2022. This was disclosed by Governor of the Central Bank of Nigeria, Godwin Emefiele, in a statement. He stressed the need for all stakeholders to work to build a more resilient economy that […]

The Central Bank of Nigeria has stated that employment growth is the best bet for alleviating poverty, as Nigeria’s economy needs to expand at a much faster rate.. This was disclosed by CBN deputy governor, Adamu, Edward Lametek,  in his statement at the last MPC meeting at https://nairametrics.com/2022/01/04/cbn-says-nigeria-needs-to-grow-faster-to-alleviate-poverty/ According to the world poverty clock, 41% […]

According to data obtained from the African Development Bank, the Nigerian economy is expected to grow by 1.5 percent in 2021 and 2.9 percent in 2022. This is due to a rise in crude oil prices and output. By reopening borders, inputs will become more accessible, relieving pressure on domestic prices and inflation. In addition […]

African entrepreneurs from all 54 African countries to apply now for the 2021 TEF Entrepreneurship Programme on tefconnect.com The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs across all 54 African countries, has opened applications for the 2022 TEF Entrepreneurship Programme on www.TEFConnect.com. African entrepreneurs with new or existing businesses under five […]

The government has stated that it will take measures to digitize the economy and make digitalization a key driver of national economic development strategies in order to unleash Nigeria’s potential for industrialization and sustainable economic growth, as well as to ensure competitiveness in a global digital economy. The government will ensure that, by 2025, critical […]

Despite the fact that the Anchor Borrowers’ Programme has invested over N850 billion in the rice value chain, an agriculture expert has chastised the government for the high cost of rice. Kabiru Fara, National President of the Nigeria Agro Input Dealers Association (NAIDA), argued that if the Central Bank’s investment in rice was spent on […]

Identity cards are means of identification for everyone and today, the Federal Government of Nigeria has made NINS compulsory for all Nigerians. NIN slip is what is being used by all network providers ,such MTN, Glo, Airel, Etisalat and others to update each customer data with them. Moreso , financial institutions ,such as commercial banks […]

The shutting down of banking activities in Niger State came few days after Niger State Internal Revenue Service went round to shut down some commercial banks for alleged tax evasion.https://www.ripplesnigeria.com/banks-atm-services-shutdown-in-niger-state-as-cbn-supports-commercial-banks-protest/ Due to allegations of tax evasion on the part of some commercial banks, all commercial banks have suspended banking operations. During a meeting with the […]

The United States of America’s government has selected 250 Nigerian women https://www.ripplesnigeria.com/us-govt-selects-250-nigerian-women-for-business-training/ for a 3- month business training empowerment through its initiative programme called Academy for Women Entrepreneurs (AWE). On September 7, 2021, the US Consulate in Nigeria issued a statement stating that 250 Nigerian women were chosen from 15,700 applicants. According to Kathleen FitzGibbon, […]

It should be noted that there are seasons for everything in life, including farming. The below reasons are why you should invest in farming now, but not later. According to professional farmers, farming is a low-risk investment that keeps up with inflation and increases in value over time. Farmland, if owned by someone, appreciates and […]