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May is NYC Small Business Month, but supporting our neighborhood businesses is a year-round commitment. That’s why I met up with Council Member Shanel Thomas-Henry, who has been fighting to make it easier to start, grow and operate in NYC, and we brought in some extra help: Poorna Jagannathan, Asif Ali, and Saagar Shaikh to help spread the word. Whether you’re opening a barbershop, ice cream shop, bodega, or anything in between, NYC Small Business Services (SBS)@ is here to support you. 📞 Call
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CBN just revoked the licenses of 46 microfinance banks across Nigeria, effective July 1. Moniepoint, Kuda, and LAPO are NOT among them. They are safe. But the 46 that were shut down served exactly the Nigerians that commercial banks don’t reach; market traders, small business owners, rural communities. CBN’s action is right. Insolvent banks are a risk to depositors. But as usual, the cost falls hardest on the most vulnerable. #cbn #creatorsearchinsights #naija #banking #moneytok
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