Nigeria to Launch "National Credit Guarantee Company" in May 2025 to Boost Economic Growth

In a bold step toward economic reform, President Bola Tinubu announced plans to establish the National Credit Guarantee Company (NCGC) by May 2025, aiming to improve access to credit for businesses and individuals. The announcement, made during a speech on Wednesday, reinforces Tinubu’s commitment to fostering economic growth through enhanced financial inclusion.

Since assuming office in May 2023, President Tinubu has prioritized economic reform, with a key focus on improving access to credit. The creation of the NCGC underscores this commitment, as the company is set to provide risk-sharing instruments for financial institutions and enterprises.

"To achieve this, the federal government will establish the National Credit Guarantee Company to expand risk-sharing instruments for financial institutions and enterprises," Tinubu stated.

The NCGC will collaborate with notable government institutions, including the Bank of Industry, the Nigerian Consumer Credit Corporation, the Nigerian Sovereign Investment Agency, and the Ministry of Finance Incorporated. Partnerships with private sector players and multilateral institutions will further bolster its impact.

The initiative is poised to play a transformative role in addressing the financial inclusion gap in Nigeria, particularly for underserved groups such as women and youth. By improving access to credit, the NCGC aims to foster entrepreneurship, drive industrialization, and uplift living standards across the nation.

"This initiative will strengthen the confidence of the financial system, expand credit access, and support underserved groups such as women and youth. It will drive growth, re-industrialisation, and better living standards for our people," Tinubu remarked.

The NCGC’s announcement comes on the heels of the Nigerian Consumer Credit Corporation (NCCC), which was launched eight months ago as a pioneering effort to enhance credit access for employed Nigerians. Initially targeting federal civil service employees, the NCCC has since expanded to the general public, laying a solid foundation for the upcoming credit guarantee initiative.

The establishment of the NCGC is part of a broader strategy to reinvigorate Nigeria’s economy by creating an enabling environment for businesses to thrive. By reducing financial barriers and fostering a more inclusive credit system, the government aims to catalyze innovation, stimulate industrial growth, and build a sustainable economic future.

As May 2025 approaches, stakeholders across Nigeria eagerly anticipate the launch of the NCGC and the opportunities it promises to unlock for individuals and businesses alike. This landmark initiative could very well be a turning point in Nigeria's journey toward economic prosperity.

What are your thoughts on the establishment of the National Credit Guarantee Company? Join the conversation and share your views on how this initiative could shape Nigeria's economic future!

Part 4: Starting a Profitable Agricultural Business in Nigeria with Less Than 500,000 Naira

#7. Agricultural Products (Farming)

Embarking on a small-scale farming venture in Nigeria with a budget under 500,000 Naira is a viable opportunity, even for individuals without prior experience. By selecting suitable crops or livestock, acquiring essential knowledge, and managing resources effectively, you can establish a profitable agricultural business. Here's a step-by-step guide to get you started:

1. Conduct Market Research

Identify high-demand agricultural products in your target area. Commonly profitable options include:

- Vegetable Farming: Crops like tomatoes, peppers, and leafy greens have consistent market demand.
- Snail Farming: A low-capital, high-profit venture suitable for beginners.
- Fish Farming: Requires minimal space and offers high returns.
- Poultry Farming: Raising broilers or layers can be profitable with proper management.

Understanding local consumer preferences and market trends will help you choose the most suitable farming venture.

2. Develop a Business Plan

Outline your business objectives, target market, production plan, marketing strategy, and financial projections. A well-structured plan will guide your operations and attract potential investors or partners.

3. Acquire Necessary Knowledge and Skills

Enroll in agricultural training programs or workshops to gain practical knowledge. Online resources, such as YouTube tutorials, can also provide valuable insights. For instance, the video below offers affordable agriculture business ideas in Nigeria:



4. Secure Land and Infrastructure

- Land: Lease or purchase a small plot of land suitable for your chosen farming activity. Urban farming methods, like container or vertical farming, can optimize limited space.
- Infrastructure: Set up basic facilities such as boreholes for water supply, storage sheds, and fencing to protect your farm.

5. Procure Essential Equipment and Inputs

Allocate funds for necessary tools and inputs:

- Seeds/Seedlings or Livestock: Purchase high-quality varieties from reputable suppliers. - Farming Tools: Basic implements like hoes, cutlasses, watering cans, and sprayers. - Feeds and Fertilizers: Depending on your farming choice, invest in appropriate feed for livestock or fertilizers for crops.

6. Adhere to Regulatory Requirements

Register your business with the Corporate Affairs Commission (CAC) and obtain any necessary permits from local agricultural authorities to ensure legal compliance.

7. Implement Effective Farming Practices

- Crop Farming: Practice proper spacing, timely planting, pest control, and irrigation to enhance yield.
- Livestock Farming: Maintain proper hygiene, provide adequate nutrition, and ensure regular health check-ups for animals.

8. Develop a Marketing Strategy

Promote your products through:

- Local Markets: Supply to nearby markets, restaurants, or grocery stores. - Online Platforms: Utilize social media and e-commerce sites to reach a broader audience. - Cooperatives: Join local farmers' cooperatives to access larger markets and shared resources.

9. Monitor Finances and Reinvest

Keep detailed financial records to track expenses and profits. Reinvest a portion of your earnings to expand operations, adopt new technologies, or diversify into other agricultural ventures.

By following these steps and committing to continuous learning, you can successfully start and grow an agricultural business in Nigeria within a 500,000 Naira budget, even without prior experience.

For more detailed information on profitable agricultural business ideas in Nigeria, you can refer to this resource:

7 Profitable Agricultural Business Ideas in Nigeria (Easy To Start)

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Uche Montana's "Back to December" Takes YouTube by Storm!

One of Nollywood’s brightest stars, Uche Montana, is captivating audiences once again in her latest movie, "Back to December." Known for her stunning performances and creative brilliance, Uche Montana shines as Debbie, a determined fashion columnist with dreams of taking her talents global.

The movie weaves an emotional tale of love, betrayal, and self-discovery. Debbie's journey brings her into the arms of two captivating men: Juls, played by the ever-charming Vine Olugu, and Michael, portrayed by Anthony Woode, whose lavish gestures conceal a devastating secret.

With over "one million views" and thousands of glowing reactions, "Back to December" is a sensational hit that fans can’t stop talking about. This star-studded masterpiece is not just a movie; it’s an experience.

Don’t miss out on the drama, passion, and unforgettable performances. Click play below and immerse yourself in Nollywood’s newest gem!



Rated: PG 13

Genres: Romantic Drama

Movie Title: Back To December

Directed By: Ben Cassie

Casting Director: Uchenna Mbunabo

Story/Screenplay: Russell Oru

Executive Producer: Uche Montana

Starring: Uche Montana, Vine Olugu, Christinana Martin, Nana Yaw Addae, Anthony Woode, Ikemefuna Ofordile, Blessing Chineye, Eno Pounds Ezekiel

🎬 Synopsis: in Back To December, Debbie, a thriving fashion editor, dreams of taking her writing global, but her personal life tells a different story. After enduring heartbreaks and spending her birthday alone, she meets Michael, a charismatic businessman who seems like her perfect match—until his infidelity shatters her hopes. Just as she's ready to abandon love altogether, a chance encounter with Juls, a mysterious and charming stranger, reignites her passion. But Juls harbors a secret: a hidden relationship overseas. Torn between Michael’s familiar flaws and the allure of Juls’ love, Debbie must decide whether to embrace the imperfect or risk it all for the unknown.

Anthony Joshua Visits President Tinubu: A Celebration of Nigerian Excellence

Lagos was abuzz with excitement as two-time heavyweight boxing champion Anthony Joshua paid a visit to President Bola Ahmed Tinubu at his residence on Wednesday, January 1, 2025. This monumental meeting between two icons—one a global sports superstar, the other a political leader—has sparked pride and enthusiasm among Nigerians at home and abroad.

During the visit, Anthony Joshua presented President Tinubu with a unique and meaningful gift: an autographed boxing glove. The glove bore the heartfelt inscription,

“To the Great Asiwaju Jagaban Borgu of Africa, Bola A Tinubu.”

This thoughtful gesture highlights Joshua’s respect and admiration for the President and his recognition of Tinubu's influence on the African continent.

The official X handle of the Nigerian Presidency captured the moment, posting photos of the meeting alongside a caption that read:

"I just had the honour of hosting our very own Anthony Joshua, a true champion and worthy ambassador of Nigeria..."

The Nigerian-born British boxer’s visit underscores his enduring connection to his homeland. Joshua, who has consistently celebrated his Nigerian roots on the global stage, is currently in the country to enjoy the festive season. Prior to meeting President Tinubu, he made headlines with a visit to Ogun State Governor, Dapo Abiodun, further cementing his ties to the nation’s leadership and its people.

View this post on Instagram

A post shared by Prince Dr. Dapo Abiodun, CON (@dapoabiodunmfr)

This meeting between Joshua and Tinubu symbolizes the convergence of sports, leadership, and cultural pride. It serves as a reminder of the power of representation—seeing Nigerians excel in diverse arenas, from the boxing ring to the corridors of power.

For many, Anthony Joshua’s success is a testament to the potential within the Nigerian youth, while President Tinubu’s leadership represents the aspirations of a nation striving for greatness. Together, their encounter is a celebration of resilience, achievement, and the unity of purpose that transcends boundaries.

Source: X.com

Empowering Potential: Governor Adeleke’s Call to Action for Persons with Disabilities in Osun State

On December 3rd, 2024, Osogbo, the capital of Osun State, resonated with messages of hope and empowerment as the state commemorated World Disabilities Day. The event, held at Osogbo Grammar School, saw Governor Ademola Adeleke, represented by his Special Adviser on Special Needs, Kamil Aransi, delivering an impactful speech celebrating the resilience, creativity, and potential of persons with disabilities (PWDs).

Governor Adeleke’s message highlighted the remarkable achievements of PWDs, emphasizing that they are not defined by their challenges but by their ability to overcome them.

"Across Osun State and beyond, we see PWDs excelling in arts, sports, education, governance, and entrepreneurship, proving that disability is not inability," Adeleke remarked.

This message aligned perfectly with the theme of World Disabilities Day 2024,

“Amplifying the Leadership of Persons with Disability for an Inclusive and Sustainable Future.”

The theme underscored the vital role of PWDs in driving progress and fostering inclusivity across all sectors.

A Commitment to Inclusion

Governor Adeleke reaffirmed the state government’s dedication to creating a more inclusive environment for PWDs. Through ongoing policy reforms, advocacy initiatives, and empowerment programs, Osun State is working to ensure PWDs have access to the tools and opportunities needed to thrive.

“Persons with disabilities have the potential to excel irrespective of the challenges they face,” Adeleke said.

He further called for the engagement of PWDs in governance, education, and entrepreneurship, challenging societal stereotypes and promoting equality.

World Disabilities Day, observed annually on December 3rd, is a United Nations initiative that promotes inclusion and support for PWDs worldwide. The day serves as a reminder of the need to break down barriers and create a society where everyone, regardless of their abilities, can achieve their full potential.

Warri Refinery Resumes Operations: A Step Forward for Nigeria’s Energy Sector

In a significant development for Nigeria’s energy industry, President Bola Ahmed Tinubu has expressed immense joy and optimism as the Warri Refining and Petrochemical Company has resumed operations. After years of rehabilitation, the refinery’s restart marks a major milestone in the country’s journey toward achieving energy security and self-sufficiency.

Image: From the left, Honorable Bayo Onanuga with President Bola Tinubu

The announcement was made by Bayo Onanuga, the President’s spokesperson, who highlighted the administration’s commitment to revamping Nigeria’s oil infrastructure. According to Onanuga, the refinery’s return to functionality is not only a win for the government but also for the millions of Nigerians who stand to benefit from enhanced energy efficiency and a more stable petroleum supply.

The Warri Refinery, which has a capacity of 125,000 barrels per day (bpd), is now operating at 60% capacity. This achievement aligns with President Tinubu’s comprehensive energy plan and reinforces public trust in his administration.

In his reaction, President Tinubu called the refinery’s reopening

“a remarkable way to end the year,”

particularly following the recent restart of the old Port Harcourt Refinery. He underscored that these advancements are evidence of his administration’s determination to restore Nigeria’s pride as a major oil-producing nation.

“The restart of Warri Refinery today brings joy and gladness to me and Nigerians,” President Tinubu said. “This will further strengthen the hope and confidence of Nigerians for a greater and better future than we promised.”

Image: C.E.O. of Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari

President Tinubu commended the Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, and his team for their relentless efforts in rehabilitating the refinery. He also emphasized that NNPCL’s role in restoring Nigeria’s four state-owned refineries is central to the nation’s energy agenda.

Under the current phase of operation, the Warri Refinery will produce and store critical petroleum products such as straight-run kerosene (SRK), automotive gas oil (AGO), and both heavy and light naphtha.

While celebrating the successful rehabilitation of the Warri and Port Harcourt refineries, President Tinubu urged NNPCL to expedite repair work on the Kaduna Refinery and the second refinery in Port Harcourt, which has a capacity of 150,000 bpd.

“Our vision is clear: to make Nigeria a hub for crude oil refining in Africa,” Tinubu said. “These developments underscore our commitment to ensuring energy security, boosting the economy, and creating job opportunities for our citizens.”

The reopening of the Warri Refinery is a clear testament to the administration’s resolve to tackle long-standing challenges in Nigeria’s oil and gas sector. With this progress, Nigerians can look forward to a more stable and efficient energy landscape in the coming years.

Last Call for Love Sparks Couples Retreat: Registration Ends January 20th!

Time is ticking! The "Love Sparks Couples Retreat," powered by Golden Icons, is fast approaching, and the deadline to register is January 20th, 2025. Don’t miss your chance to join this incredible event from "February 27th to March 2nd, 2025," in the breathtaking paradise of "Punta Cana, Dominican Republic."

This exclusive retreat is designed to bring couples closer, offering an unforgettable blend of romance, relaxation, and relationship-building. Imagine enjoying tropical sunsets, luxurious accommodations, and insightful sessions—all tailored to help you and your partner reconnect and rekindle your love.

With limited spots available, now is the time to secure your place at this magical event. Whether you're celebrating a milestone or looking to refresh your relationship, the "Love Sparks Couples Retreat" is your perfect getaway.

Don’t let the registration deadline pass you by. Click here now to RSVP at www.goldenicons.com to lock in your spot and prepare for a once-in-a-lifetime romantic experience.

Hurry—this is your chance to ignite the spark and create memories that will last forever!

Joshua Robinson Joins Wigan Athletic on a Long-Term Deal

Arsenal academy graduate Josh Robinson has officially signed with League One side Wigan Athletic on a three-and-a-half-year contract. The 20-year-old defender, who has impressed as part of Arsenal's first-team setup this season, is eager to embrace the next chapter of his career.

Robinson, a product of Arsenal's Hale End academy, expressed his excitement:

"Wigan is a big football club, and I couldn’t turn down this opportunity. Leaving Arsenal was a big decision, but I’m ready to take this leap of faith and see what the future holds."

Wigan manager Shaun Maloney is equally optimistic, describing Robinson as

“an extremely dedicated defender with excellent one-on-one skills and attacking potential.”

Currently 16th in League One, Wigan aims to benefit from Robinson's talent and enthusiasm as they strengthen their squad. Fans are eager to see how this young star will contribute to the team’s vision for success.

Source: Linda Ikeji Blog

Stepping Into 2025: Embracing God’s Provision and Promises

Happy New Year, dear reader! 🎉 As we step into this fresh chapter, let us be reminded of Luke 6:4:

“He entered the house of God, took the consecrated bread; he ate what is lawful only for priests to eat. And he also gave some to his companions.”

This verse reminds us of God’s provision and the power of stepping boldly into His blessings. Just as David found sustenance in an unexpected place, may this year bring you divine surprises, breakthroughs, and nourishment for your journey.

Walk forward with faith, knowing that God’s house is open, His provision is abundant, and His grace will carry you through every challenge. Cheers to 2025, a year of fulfilled promises and boundless joy! 🎆🙏✨