The Bank of Industry (BoI) has begun the disbursement of ₦15,000 TraderMoni loans to beneficiaries who have successfully paid back their first ₦10,000 loans. According to the bank, the disbursement was in response to the increasing beneficiary repayments recorded under the scheme. Through a flexible weekly loan repayment plan of ₦430 per week paid over […]
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The Bank of Industry (BoI) has debunked claims in some quarters that possession of a Permanent Voters Card (PVC) is one of the requirements for benefitting from the TraderMoni loan scheme. TraderMoni is a micro credit loan scheme for petty traders managed by BoI under the Government Enterprise and Empowerment Programme (GEEP), one the social […]
Read More All is now set for the official launch of Trader Moni in Ondo State by the Vice President, Prof. Yemi Osinbajo, on Tuesday. Trader Moni is a component under the Social Investment Programme of the Federal Government aimed at making soft loans readily available to petty traders. Mrs Olubunmi Ademosu, the Special Adviser to the […]
Read More Vice President, Professor Yemi Osinbajo, has launched TraderMoni, a component of the National Social Investment Programme (NSIP), in Benin City, the Edo State capital, promising the Federal Government’s unwavering support for micro businesses across the country. The Vice President, accompanied by Edo State Governor, Mr. Godwin Obaseki, and members of the state Executive Council at […]
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Vice President, Prof. Yemi Osinbajo, has launched the Federal Government’s ₦10,000 interest free loans, otherwise known as TraderMoni in three more Lagos markets. Osinbajo who led other Federal and state government officials to Ikotun, Igando and Ile Epo markets urged the traders to make judicious use of the loans to secure more from Federal Government. […]
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Vice President Yemi Osinbajo will on Saturday inaugurate TraderMoni initiative, a Federal Government’s Social Investment Programme, in Owerri, Imo State. Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, disclosed this in a statement on Friday in Abuja. The initiative was designed to assist petty traders across […]
Read More Some petty traders at the Nyanya Market, FCT on Wednesday confirmed the receipt of ₦10,000 from the TraderMoni scheme as Vice President Yemi Osinbajo visited the market. TraderMoni is a Federal Government’s initiative aimed at providing two million petty traders across the country with collateral-free loans before the end of the year. Osinbajo, who arrived […]
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The All Progressives Congress (APC) has joined the renewed debate on restructuring, aligning with Vice President Yemi Osinbajo’s position that Nigeria needs good and accountable governance, more than the rhetoric of restructuring. The party said as part of its practical approach to implementing restructuring, its committee’s report on restructuring is being considered by the federal […]
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The Federal Government Sunday night said that it has launched a new initiative under the Government Enterprise and Empowerment Programme (GEEP), called the TraderMoni, which will empower two million petty traders between now and the end of the year. The government explained that the aim for launching the scheme was to further enlarge its financial […]
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