Eko Hot Blog reports that the first tranche of a N10,000,000 loan and grant has been disbursed to small business owners in Ibeju Lekki Local Government (LG). This event, which was local council in collaboration with the Lagos State Employment Trust Fund (LSETF), held on Friday, July 18, 2024. The event, held at the Ibeju … Read more
EKO HOT BLOG reports that the President Bola Tinubu-led federal government has rolled out a fresh grant initiative to cater for nano businesses in the country. The initiative, known as the Presidential Conditional Grant Scheme (PCGS), is part of the Presidential Palliative Programme and targets nano businesses. EDITOR’S PICKS BREAKING: Bandits Attack Sokoto, Kidnap Several Tsangaya … Read more
EKO HOT BLOG reports that the Federal Government on Wednesday, announced the commencement of vocational training programs for inmates across 241 correctional facilities. Upon completion of the skills acquisition program, beneficiaries will receive a grant of N500,000. The vocational skills being offered include fashion design, computer training, hairdressing, fish farming, soap making, poultry business, and others. … Read more
Eko Hot Blog reports that the Federal Government through the Bank of Industry (BOI) has announced that it will award three funding categories totalling N200 billion to assist companies and manufacturers nationwide. A statement from the development bank mentioned that the money was from the FGN MSME Intervention Fund, the FGN Manufacturing Sector Fund, and … Read more
EKO HOT BLOG reports that the World Bank yesterday disclosed plans to support the Nigerian Electrification Project (NEP) with an additional $750 million. Ms Elizabeth Huybens, World Bank’s Director of Strategy and Operations for Western/Central African Region, disclosed this shortly after inspecting a 60kw solar-powered mini grid in Kilankwa II, a settlement in Kwali … Read more
The LASU School of Transport has won a $50,000 research grant on road and water crashes. Eko Hot Blog reports that the School of Transport and Logistics of the Lagos State University (LASU) has won a $50,000 grant from the Volvo Educational and Research Foundation (VREF) to study road and water traffic crashes in three … Read more
By Lucky Ihanza US African Development Foundation (USADF) and All On have announced that nine wholly African-owned enterprises have emerged as finalists for the 2020 Nigeria Off-Grid Energy Challenge. The winners of the third edition of the Challenge are Allbase Global Technology, Ashdam Solar Company, Covenant Plus Engineering, Green Acres Microfinance Bank, Reeddi Technologies, Salpha … Read more