Trader moni latest news

TraderMoni is a popular micro-credit scheme in Nigeria, aimed at providing financial assistance to small-scale traders and artisans. Here are some of the latest news and updates about TraderMoni:

Recent Updates:

  1. TraderMoni 2.0 Launched: In October 2020, the Federal Government of Nigeria launched TraderMoni 2.0, an upgraded version of the scheme with improved features and benefits.
  2. Increased Loan Limit: The loan limit for TraderMoni has been increased from N10,000 to N20,000, allowing more traders to access the scheme.
  3. New Registration Process: The registration process for TraderMoni has been simplified, with traders able to register online or through the TraderMoni mobile app.
  4. Expanded Coverage: TraderMoni has been expanded to cover more states in Nigeria, with the scheme now available in over 30 states.

Recent News:

  1. TraderMoni Empowers 1 Million Traders: According to the National Directorate of Employment (NDE), TraderMoni has empowered over 1 million traders in Nigeria since its inception.
  2. TraderMoni Boosts Economy: The scheme has been credited with boosting the Nigerian economy, particularly in the informal sector, by providing financial assistance to small-scale traders.
  3. TraderMoni Wins Award: TraderMoni won the "Best Microfinance Scheme" award at the 2020 Nigerian Economic Summit Group (NESG) Awards.
  4. TraderMoni Partners with Banks: The scheme has partnered with several banks in Nigeria, including Access Bank, First Bank, and Zenith Bank, to provide financial assistance to traders.

Upcoming Events:

  1. TraderMoni Summit: The TraderMoni Summit is scheduled to hold in November 2022, with the theme "Empowering Traders, Boosting Economy".
  2. TraderMoni Training: The scheme will be conducting training sessions for traders on financial literacy, entrepreneurship, and business management.

Please note that the information provided is subject to change and may not be up-to-date. For the latest information on TraderMoni, I recommend visiting the official website or social media channels of the scheme.