Tuesday, July 15, 2025
  • About
  • Advertise
  • Careers
  • Features
  • News
  • Sports
  • Entertainment
  • Weather
  • Info-data
  • Beautiful Cities
  • Discoveries
  • Login
No Result
View All Result
Home Business

President Tinubu Announces Plan to Launch National Credit Guarantee Company by Q2 2025

Kehinde Giwa by Kehinde Giwa
January 1, 2025
in Business
0
Nigeria’s President Tinubu to Announce Ambassadors in Coming Weeks
0
SHARES
14
VIEWS
Share on FacebookShare on Twitter

President Bola Tinubu has announced plans to establish a National Credit Guarantee Company before the end of the second quarter of 2025, aiming to enhance access to credit and drive economic growth across critical sectors.

In his New Year speech on Wednesday, President Tinubu emphasized his administration’s commitment to reducing inflation, improving food production, and supporting local manufacturing of essential goods.

Related posts

Libya and Egypt Discuss Reopening of Egyptian Consulate in Tripoli

Libya and Egypt Discuss Reopening of Egyptian Consulate in Tripoli

July 14, 2025
Experts Declare Gas As Africa’s Transformational Fuel At Asharami Square 2.0

Experts Declare Gas As Africa’s Transformational Fuel At Asharami Square 2.0

July 12, 2025

“We are resolute in our ambition to reduce inflation from its current high of 34.6% to 15%. With diligent work and God’s help, we will achieve this goal and provide relief to all our people,” he said.

He added that the establishment of the National Credit Guarantee Company will enable financial institutions to offer better credit access by expanding risk-sharing instruments.

The initiative, a collaboration between government institutions such as the Bank of Industry, Nigerian Consumer Credit Corporation, Nigerian Sovereign Investment Agency, and the Ministry of Finance Incorporated, along with private sector stakeholders and multilateral institutions, aims to build confidence in the financial system and empower underserved groups, including women and youth.

President Tinubu highlighted that this move would not only drive economic growth and reindustrialization but also improve living standards for Nigerians.

Previous Post

Egypt and Syria Discuss Regional Peace and Political Inclusion in High-Level Call

Next Post

Ethiopia Eyes $2 Billion Gold Revenue Amid Tigray’s Claims of Resource Mismanagement

Next Post
Ethiopia Eyes $2 Billion Gold Revenue Amid Tigray’s Claims of Resource Mismanagement

Ethiopia Eyes $2 Billion Gold Revenue Amid Tigray’s Claims of Resource Mismanagement

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Nigerian Troops Kill Three Bandits in Kaduna  

Nigerian Troops Kill Three Bandits in Kaduna  

1 year ago
Inmate Escapes from Pollsmoor Correctional Centre, Manhunt Launched

Wayithi Yanga: Escaped South African Prisoner Re-arrested

5 months ago
Tunisian Human Rights Group Demands Release of 120 Nationals Detained in Libya

Tunisian Human Rights Group Demands Release of 120 Nationals Detained in Libya

6 months ago
8-Year-Old Boy Survives Five Days Among Lions and Elephants in Zimbabwe Park

8-Year-Old Boy Survives Five Days Among Lions and Elephants in Zimbabwe Park

6 months ago

BROWSE BY CATEGORIES

  • Beautiful Cities
  • Business
  • Culture
  • Discoveries
  • Entertainment
  • Features
  • Info-Data
  • Lifestyle
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Travel
  • Uncategorized
  • Weather

POPULAR NEWS

  • BREAKING: Shawwal 1446 AH Crescent Sighted in Nigeria, Sunday is Eid-el-Fitr

    BREAKING: Shawwal 1446 AH Crescent Sighted in Nigeria, Sunday is Eid-el-Fitr

    0 shares
    Share 0 Tweet 0
  • Nigeria: (VIDEO) Protesters Storm Lagos Assembly with Banners Reading ‘We Don’t Have a Place to Live’

    0 shares
    Share 0 Tweet 0
  • Nigeria: (VIDEO) Popular ‘The New Masquerade Actress’ Ovularia Dies at 81

    0 shares
    Share 0 Tweet 0
  • Nigeria Nominates Olufemi Elias as Candidate For World Court

    0 shares
    Share 0 Tweet 0
  • BREAKING: (VIDEO) INEC Declares APC’s Okpebholo Winner of Edo Governorship Election

    0 shares
    Share 0 Tweet 0
  • About
  • Advertise
  • Careers

© 2023 AAN TV - All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Features
  • News
  • Sports
  • Entertainment
  • Weather
  • Info-data
  • Beautiful Cities
  • Discoveries

© 2023 AAN TV - All rights reserved.