Area businesses receive more than $123 million in PPP loans
Roughly 2,000 small businesses in Lowndes, Oktibbeha, Clay and Noxubee counties were approved for more than $123 million in federal loans through the U.S. Small Business Administration’s Paycheck Protection Program, according to an analysis of SBA data released Monday.
Based on the way the Small Business Administration characterized the data, the total of PPP loans given businesses in the four-county area could have totaled as much as $207 million.
The federal program is part of the Coronavirus Aid, Relief, and Economic Security Act passed by the U.S. Congress in March. PPP loans aim to help small businesses keep workers on their payroll during the COVID-19 crisis.
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NOUN cancels examination by semester
On
By Joseph Erunke
THE National Open University of Nigeria,NOUN, has cancelled the recently approved restructuring of examinations by semester.
Announcing the cancellation order, Registrar of NOUN, Mr. Felix Edoka, informed all staff and students of the university in a memo that the decision was arrived at during the 87th meeting of the University Management Committee held in Abuja on Wednesday, 17th February 2021.
The meeting, which was chaired by the new Vice-Chancellor, Professor Femi Peters, discussed a number of issues, including the conduct of university examinations.
According to Mr. Edoka, the new policy on the conduct of the university examinations which restricted its process to semester by semester has been cancelled with immediate effect.
Announcing the cancellation order, Registrar of NOUN, Mr. Felix Edoka, informed all staff and students of the university in a memo that the decision was arrived at during the 87th meeting of the University Management Committee held in Abuja on Wednesday, 17th February 2021.