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IFAD approves $27.2m loan for farmers, women groups

By Our Correspondent Wednesday, 15 Dec 2010 The International Fund for Agricultural Development has approved $27.2m as loan to farmers in the country under the Rural Finance Institution Building Programme. Dr Steve Ogidan, IFAD Consultant and Team Leader of the 1st Joint IFAD/FGN Supervision Mission of the RUFIN programme, said this […]

MFB disburses N200m loans to 2,545 customers

By Our Correspondent Wednesday, 15 Dec 2010 To facilitate the establishment of cottage industries, Mwaghavul microfinance Bank in Mangu, Plateau State, has disbursed N200m as soft loans to 2,545 customers since the year began. The bank is among 100 MFBs recently granted fresh licences by the Central Bank of Nigeria and […]

Diamond Bank lends N10bn to SMEs

By Stanley Opara Wednesday, 15 Dec 2010 Diamond Bank Plc has lent about N10bn to support small business in the country in the face of the global economic lull. The bank reiterated its support for SMEs in the country, expressing willingness to lend to small operators and boost their operations more […]