The loans will be provided under the Lagos State Access to Finance for SMEs through Cooperatives (LASMECO) programme.
Most economists expect the MPC to leave the MPR, the benchmark interest rate, unchanged at 26.5 per cent when it announces its decision on Tuesday.
Mr Luneke defrauded Bank of the Valley, obtaining two loans totalling approximately $4,320,000.
The prosecution came almost exactly five years after Southern Water received a record £90 million fine for nearly 7,000 illegal sewage discharges.
LS Cable & System USA has agreed to pay $4 million to the United States to resolve allegations of false claims for payments under the Paycheck Protection Programme loans.
As part of the settlement, Rockland admitted that in March 2021, it received a $1,709,099 second-draw PPP loan.
Egypt has reaffirmed its commitment to partnering with Nigeria to advance African-led solutions to the continent’s challenges and promote shared development objectives.
The policy took effect on Sunday, and the EU also announced it would extend to medium-sized companies starting in 2030.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says uncertainty over petrol prices has forced many marketers to halt fresh purchases, leading to the temporary closure of some filling
He said Mr Tinubu is committed to investments in renewable energy development, human capital empowerment, clean energy innovation, and Nigeria’s Energy Transition Plan.
