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Federal Executive Council (FEC) of Nigeria Approves $27.2m Loan from the International Fund for Agricultural Development (IFAD) for Rural Microfinance
The Federal Executive Council (FEC) of Nigeria, presided over by President Umaru Musa Yar’Adua, approved a USD 27.2 million loan from the International Fund for Agricultural Development (IFAD), as reported by AllAfrica.com. The loan, along with a USD 400,000 grant from IFAD, will constitute the core financing of IFAD’s Rural Finance Institution-Building Programme (RFIBP), a seven-year plan to strengthen rural microfinance institutions (MFIs) in Nigeria as well as establish increased linkages between MFIs and mainstream financial institutions.

Other nigerian states Related Articles

Is the United States of Africa already here?
The proposal to officially create a United States of Africa may not have come at a better time than now when international trade is dictating the pace of development thanks to technological innovation. You may not have noticed but recent trends indicate that the United States of Africa is already here. Through various communication technologies, Africa has transformed into a large business unit.

The Nigerian Context - A Story of Decline: Exploring entrepreneurship in a declining economy
Nigeria is usually referred to as the giant of West Africa in that, with a population estimated at over 100 million, one in every two West Africans is a Nigerian. The country's GDP is larger than that of all the other countries in West Africa combined. Its GDP is actually larger than that of all countries in the African continent with the exception of South Africa. (Adaya, 1998).

Nigerian Government Creates $426m Microcredit Development Fund
Nigerian President Alhaji Musa Yar’Adua announced the creation of an N50 billion (the equivalent of over USD 426 million) microcredit development fund to be administered by the Central Bank of Nigeria (CBN). The new fund will be used to provide existing microfinance institutions (MFIs) with funding for credit creation and operational expenses.

South African Microfinance Institution (MFI) Blue Financial Services and Nigeria’s Intercontinental Bank to Launch $25.9m Microfinance Bank
Blue Financial Services (BFS), a South African microfinance institution (MFI), and Intercontinental Bank Plc, Nigeria’s largest commercial and retail bank by assets, are collaborating to launch a Nigerian microfinance bank capitalized at NGN 3 billion (USD 25.9 million), the largest such institution in the country.
Virginia Ranked No 1 in U.S. Report - Does Canada Need a Similar Study?
In yet another example of the value of collaboration over compliance the Commonwealth of Virginia was ranked alongside the States of Washington and Utah as a top performer in the PEW Center’s Grading the States 2008 report. According to the PEW organization’s web site the report, which is designed to assess the “quality of management in the 50 states,” focuses on four key areas of government practice.

History of American Sales Culture - part one
No American can afford to treat salesmanship as a small matter. Why? Because the United States started out on a salesmanship basis for this reason: because only thirteen states were gained by war and all the others were gained by purchase and bargaining.
Palms Shopping Mall, Changing Retail Distribution in Nigeria
South Africa owned, Nigerian managed 'The Palms Shopping Mall' launched in 2005 is a major contributor to changing retail distribution and ultimately the retail experience for Nigerians, particularly the growing middle class to affluent. The Mall's opening provided significant channels of distribution to allow manufacturers reach buyers who are ready and able to spend.

Client Buying States
Selling can get quite confusing sometimes. Prospects or clients saying one thing and doing another. It’s hard enough that you put in all that effort and have your sale go nowhere. It might help you to know, if you don’t already, when selling that there are mainly four different Buying States. They are classified as : 1. Opportunity 2. Problem 3. Static 4. Blinkered Two Buying States show that a sale is possible. Two Buying States show that a sale may be difficult or unlikely.
Is the Use of a Language Other Than English Required in Franchise Agreements?
Franchising is regulated by the Federal Trade Commission pursuant to its rule (“FTC Rule”). 1 The state of New Jersey regulates franchising through the New Jersey Franchise Practices Act. 2 Some states have enacted statutes concerning franchising. 3 Some states have enacted regulations concerning franchising. 4 Some states have enacted special industry laws concerning franchising. 5

Tricks and Traps States Use - to get their sales tax revenue
It’s no secret that states are struggling to earn revenue and to fill their coffers. Due to the current economic crunch states have become quite savvy in finding non-compliant taxpayers who have not registered to collect and remit sales tax. In our business we have heard and seen it all. We always cringe when a new client tells us that a trusted advisor or a friend told them that they didn’t need to register to collect sales tax. Here are the top 5 creative ways that states find non-compliant corporations and businesses:
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