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Buhari Salutes Emefiele s Patriotic Services at 60

•Sanwo-Olu: He is an invaluable asset to Nigeria Deji Elumoye President Muhammadu Buhari today congratulated the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, and wished him well on his 60th birthday. Buhari appreciated the economist and banker for his patriotic service to the country at a time of difficult economic challenges. The president prayed that Emefiele’s efforts would yield positive dividends for the generality of Nigerians to reap from. Buhari equally wished the CBN governor good health and greater service to fatherland. In a congratulatory letter to Emefiele, which was personally signed by the president, he stated, “It gives me great pleasure to rejoice with you on the occasion of your diamond jubilee. Kindly accept the felicitations of myself, family and Nigerians at this auspicious milestone.

Lagos State Government invests N103 billion to boost MSMEs

The Fair had the theme Effect of COVID-19: Charting the Way Forward for MSMEs . Represented by the Secretary to the State Government (SSG), Mrs Folashade Jaji, Sanwo-Olu said that the state government was passionately committed to the growth of small businesses. He said that the state government recognised the role of the MSMEs in economic emancipation and their pivotal spot in the social and economic development of the state. According to him, everyone has the collective responsibility of ensuring that MSMEs successfully overcame the economic and growth challenges posed by the COVID-19 pandemic. In the last two years, we have committed significant resources to the sustainability of the MSMEs, but the pandemic has further exposed the need for the public and private sector to meticulously develop the capacity of our MSMEs for growth and profitability.

CBN to increase development finance interventions to support start-ups and SMEs

The Central Bank of Nigeria (CBN) has said that it will increase its development finance interventions to further support start-ups and Small and Medium Enterprises (SMEs) in the country. This was disclosed by the CBN Governor, Mr Godwin Emefiele at the 51st Convocation Lecture of the University of Lagos, Akoka, on Monday in Lagos. Emefiele said that increased access to finance for start-ups and SMEs was highly essential for the nation’s economy to grow. According to him, special consideration should be given to the strengthening of physical and ICT infrastructure, to enable SMEs perform more efficiently and become globally competitive.

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