News
FG Invites Nigerians To Apply For Interest-Free Loans. No Collateral Needed – Details Emerge
The Federal Government has announced the rollout of interest-free loans of up to ₦100,000 for smallholder farmers, petty traders, and micro-business owners across Nigeria.
This initiative is part of the Government Enterprise and Empowerment Programme (GEEP) and will begin disbursements before the end of 2025, according to government officials.
They explained that all loans will be disbursed without collateral or interest, making them accessible to Nigerians often excluded from conventional banking systems.
Click here for details


Speaking in Kaduna during an engagement with traders’ associations and stakeholders, programme managers said the intervention is part of ongoing efforts to reduce poverty and support informal businesses that drive much of Nigeria’s economy.
Under the scheme, small-scale farmers engaged in poultry, aquaculture, crop production, and livestock rearing will benefit from FarmerMoni.
Loans will allow them to purchase essential inputs such as fertilisers, veterinary drugs, and farm tools.
Petty traders and youth entrepreneurs will access funds under TraderMoni, while women in small-scale commerce will be supported through MarketMoni.
Officials confirmed that loan amounts will range from as little as ₦5,000 to as high as ₦100,000, depending on the scheme.
Beneficiaries will also enjoy a six-month grace period before repayments commence, giving them time to reinvest the funds into their businesses.
“These are not grants but repayable loans designed to help Nigerians grow their businesses, join the formal financial system, and create jobs,” the programme manager explained.
He added that robust monitoring and evaluation frameworks would be put in place to ensure accountability and sustainability.
To avoid abuse, the government is working with cooperatives and traders’ associations across Nigeria’s 774 local government areas.
MSME Africa reported that the GEEP desk officers and field enumerators will oversee selection to ensure that only deserving beneficiaries are enrolled.
The scheme, first launched in 2016, has been restructured to address past challenges with delivery and accountability.
Officials said the 2025 pilot rollout would pave the way for broader nationwide implementation in 2026.
News
US Senator Ted Cruz Hails Trump For ‘CPC’ Tag On Nigeria, Moves To Counter Blasphemy, Sharia Laws
United States Senator Ted Cruz has unveiled new legislative measures aimed at curbing the enforcement of blasphemy and Sharia laws in Nigeria.
This comes in response to U.S. President Donald Trump’s decision to designate Nigeria as a “Country of Particular Concern” over alleged violations of religious freedom.
In a post on X on Friday, Cruz expressed satisfaction with Trump’s move, noting that he has long advocated for stronger action to address what he described as the persecution of Christians in Nigeria.
He described the designation as a significant step toward holding to account Nigerian officials who, he said, have enabled or tolerated violence and discrimination based on religion.
The senator explained that his proposed legislation would strengthen Washington’s position by imposing consequences on individuals responsible for enforcing blasphemy and Sharia-related restrictions.
He added that he intends to collaborate with the U.S. administration and members of Congress to advance the bill and ensure its full implementation.
“I am deeply gratified to President Trump for making this determination. I have fought for years to counter the slaughter and persecution of Christians in Nigeria, and this year introduced legislation that will lock in the designation made today,” Cruz said.
“Today’s designation is a critical step in holding accountable and changing the behaviour of Nigerian officials who have facilitated and created an environment conducive to the outrages in Nigeria.
“My legislation implements additional steps, including targeting those who implement blasphemy and Sharia laws in Nigeria, and I am committed to working with the administration and my colleagues to advance my bill and implement these necessary measures.
“Today’s decision by President Trump is a great one, and I thank him for his strong leadership.”
News
‘Govt Romances Terrorists In Full Glare Of The Public’ – Nnamdi Kanu’s Lawyer, Ejimakor
Special Counsel to the leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, Aloy Ejimakor, has reacted to the United States President, Donald Trump’s designation of Nigeria as a ‘country of particular concern’ following reports of alleged Christian genocide in the country.
Naija News reports that Trump, in a post on his Truth Social platform on Friday, claimed that “radical Islamists” were responsible for widespread killings of Christians across Nigeria.
He subsequently designated Nigeria as a “country of particular concern,” saying the United States “cannot stand by while such atrocities are happening.”
In a post via his X handle, Ejimakor said designating Nigeria as CPC was inevitable because the government allegedly teargassed peaceful protesters but romanced terrorists publicly.
He wrote, “The aftermaths of taking 2 direct teargas hits for expressing my legal right to peaceable assembly.
“When a nation tear-gasses peaceful protesters but romances terrorists in full glare of the public, being slammed as a Country of Particular Concern becomes inevitable. #FreeMNK.”
Recall that Ejimakor and a few others were recently arrested by the police in Abuja over the free Nnamdi Kanu protest.
The protest convened by activist politician, Omoyele Sowore, was meant to be staged at the presidential Villa, where protesters will demand Kanu’s release from President Bola Tinubu.
Following their arrest, Ejimakor, Kanu’s brother, Prince Emmanuel, Sowore and others were arraigned before a Kuje Magistrate Court and remanded in prison.
In the process of moving them, Ejimakor and the other protesters were said to have been punished with teargas shot at them.
While in remand, Ejimakor collapsed but was promptly attended to by the medical team in Kuje prison
News
All The Bluff Is About 2027’ – Gumi Reacts As Trump Takes Decision On Christian Genocide
Controversial Islamic cleric, Ahmad Gumi, has described the allegation of a Christian genocide in Nigeria as “politically motivated,” insisting that the renewed international attention on religious persecution is a ploy targeted at influencing the 2027 general elections.
Reacting to the United States’ decision to reclassify Nigeria as a Country of Particular Concern (CPC), Gumi took to his official Facebook page on Saturday, accusing some “unpatriotic clerics” of collaborating with foreign powers to tarnish the country’s image.
He said, “We have many unpatriotic bigot clerics that are aiding imperialists to divide us further so that they can pillage our resources.”
The cleric was responding to U.S. President Donald Trump’s announcement on Friday, placing Nigeria on a religious freedom watchlist over alleged killings of Christians, a claim the Nigerian government has firmly denied.
Gumi dismissed the U.S. move as hypocritical and meddlesome, arguing that Washington had no moral ground to lecture Nigeria on internal issues while facing its own social and economic challenges.
He said, “At a time when Americans are lining up for food rations, what concerns them with our internal problems?
“Yes, this is not to say efforts are not being made to tackle insecurity, but the right combination of strategies is what is lacking to completely nail it. Now they want to compound the problem.”
He claimed that some non-governmental organizations operating in Nigeria were serving as fronts for arming criminal groups under the guise of humanitarian assistance.
“Those who armed the outlaws as NGOs and come around to claim piety, the danger to us is that they form and start arming another militia like they have done in other places,” he warned.
The Kaduna-based cleric lamented what he described as an ongoing campaign to portray Nigeria as a country at war with Christians, insisting that the real crisis was criminality, not religion.
“Nigeria is under their evil eye of religious bigotry! It is evident now we are sharing a country not only with evil people from banditry, BH, IPOB, and other criminals, as confessed recently by Governor Soludo of Anambra, but also with many unpatriotic bigot clerics,” he stated.
-
News2 days ago42 Officers In Detention Over Alleged Coup Plot Against Tinubu
-
Politics2 days agoDefection: APC Rejects Governor Kefas
-
Lifestyle1 day agoMixed Reactions As Ned Nwoko Releases New Video, Fuels Fresh Speculation Amid Marital Crisis
-
News2 days agoStep Aside: PDP Fires Tinubu Over Paradon List U-Turn
-
News3 days agoBREAKING: Ex Governor Sylva Breaks Silence On Abuja Coup Plot
-
News3 days agoFull List: Tinubu Removes Maryam Sanda, 38 Kidnappers, Drug Dealers, Others From Pardon List
-
News3 days agoFCT Minister Wike Under Fire For Taking Sons To Dubai As Official Delegates
-
Business2 days agoNo More N1450: Naira Wins As Dollar Crashes To Its Lowest Exchange Rate In 2025
