The Central Bank of Nigeria (CBN) announced its Policy on Production and Productivity (the “New Policy”) Under the New Policy, the apex bank plans to advertise, screen, scrutinize and financially support 100 targeted private sector companies within 100 calendar days periods (“Investment Cycle”), commencing from 1st November 2021. Each Investment cycle shall capture a new set of 100 companies selected for financing under the initiative.
As economies are trying to recover from the setback caused by the coronavirus pandemic, the Russia invasion of Ukraine happened and there is no indication of how long the ensuing conflict would last, or how deep its effect is going to affect global financial markets. According to the IMF report in April 2022, global growth is projected to slow down
https://www.youtube.com/watch?v=fUNoy16Z044 The Bishop & Rooks team visited Bethesda school in Lekki on Tuesday 27th July 2021 as part of it’s Corporate Social Responsibility (CRS) Initiatives. Bethesda is a school which provides free quality education through the assistance of partners and sponsors to orphans and vulnerable children within Lagos and Ogun State.During the visit by a team of 20 leaders and
Not-for-Profit Organizations (NFPOs) are voluntary organizations that are not state controlled. NFPOs play an important role in bridging the gap between the government institutions, donors, agencies and the communities; organizing poor people, facilitating collective action, representing the poor in advocating for their rights and in some cases supplying basic amenities to sustain livelihood. NFPO’s are an important part of a
How to Ignite Your Networks for Business Impact Several professionals have considered the entrepreneurship option at one time or the other. For some, the risk involved is just too high. Some even ventured into entrepreneurship and failed. While some of the business failures are attributable to the harsh business environment, poor infrastructure, wrong business model, inadequate access to funding, regulatory somersault, and extreme competition
As we prepare to conclude this phenomenal year and celebrate the Christmas & New Year holidays, we will like to quickly bring to your attention the personal income tax filing obligations that every employer or business owner is required to prepare for in the coming year… Preparations for 2021 should include plans to render income tax returns due in the
Start-ups are generally more financially constrained than larger existing firms and are also less likely to have access to formal finance. Across the globe, they face difficulties in securing capital from the traditional financing models and these constraints are even more pronounced in less developed countries. This has led to the creation of alternative financing sources outside the conventional bank
The Department of Petroleum Resources in Nigeria (DPR) recently approved new guidelines for the accommodation of more Liquefied Petroleum Gas (LPG) investors and operators across the country. The new guidelines are in line with the federal government’s plan to achieve over five million metric tonnes (5,000,000 MT) of domestic, commercial, and industrial LPG utilization in the next 10 years. It