Tag: Cooperative Societies

FG Rolls Out Digital Registry To Boost Cooperative Financing
June 19, 2026 No Responses

FG Rolls Out Digital Registry To Boost Cooperative Financing

The Federal Government (FG) of Nigeria is mobilising N200 billion share capital from cooperative societies nationwide to facilitate the take-off of the proposed Cooperative Bank of Nigeria.The Minister of State for Agriculture and Food Security, Sen. Aliyu Abdullahi, disclosed this...
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Do Not Invest In Risevest, Stecs Cooperative Societies, SEC Warns
January 27, 2025 No Responses

Do Not Invest In Risevest, Stecs Cooperative Societies, SEC Warns

The Securities and Exchange Commission (SEC) has issued a warning to the public, advising against engaging in any investment-related transactions with Risevest (Victoria Island) Cooperative Multipurpose Society Limited and Stecs (Alausa) Multipurpose Cooperati...
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Cooperative Societies Contribute N1.2tri To GDP
November 10, 2021 No Responses

Cooperative Societies Contribute N1.2tri To GDP

The more than 300,000 registered cooperative societies in the country contribute over N1.2 trillion to Nigeria’s GDP annually.  The declaration was made in Abuja on Wednesday by the Cooperative Rating and Award Society of Nigeria (CRASoN).  Its Pre...
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