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Agricultural Credit Guarantee Scheme Fund (ACGSF) The ACGSF began operations in April 1978, and was established by Decree No. 20 of 1977, with an original share capital and paid up capital of N100 million and N85.6 million, respectively. The Federal Government holds 60% while the Central Bank of Nigeria holds the other 40% of its …
Continue reading “CBN Intervention Programs Every AgriBusiness Owner Must Know”
To further its commitment to ensuring financial stability in the country, the CBN has provided support via policy measures to households, businesses, financial institutions and other stakeholders, to help lessen the economic impacts created by the pandemic. The policy measures are: EXTENSION OF MORATORIUM: Effective March 1, 2020, all and any intervention loans under moratorium …
A new set of policies have been implemented by the CBN to curb the negative effects of the pandemic on the country’s economy. Effective since March 1st 2020, interest rates of all applicable CBN intervention facilities have been slashed by 4% from 9%. Some of the intervention programs include the Anchor Borrowers, Commercial Agricultural Credits …
Continue reading “The CBN Announces New Policies To Help Businesses Through COVID19”
The idea of having big, expensive office spaces post COVID19 has been nearly rendered null. Telecommuting has forced businesses to rethink and propound a ‘location strategy’ and flexible working hours. Countries like China and USA are reporting that as much as 80 million people, and 22 million people are out of work, respectively. This is …
As a business owner, you want your business to be successful on every front. We have put together salient tips that if you follow carefully, will help not only your business grow, but also help you grow alongside it. These tips are: Choose the Right Business Every intended business owner should know the kind of …
Continue reading “4 Things To Know Before Starting a Business”
Freelancing is the future of work. If you identify as a freelancer or a freelance worker, you work independently and take on projects with different companies rather than being a company employee. These are the most common career fields for freelancers as of 2020: Computer & IT Accounting & Finance HR & Recruiting Editing, Proofreading, …
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