Economy

41m new MSMEs employ over 59m Nigerians – SMEDAN

Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has said it has created over 41 million Micro, Small and…

4 years ago

Lagos State reiterates commitment to enabling business environment

The Lagos state government has reiterated its commitment to improving the business environment in the state towards making it more…

4 years ago

Nigeria’s inflation rate decelerates for seventh consecutive time to 15.99% in Oct.

The latest data from the National Bureau of Statistics (NBS) has shown that the Consumer Price Index (CPI), which measures…

4 years ago

RMAFC promises acceptable new revenue formula

The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has given assurance that a new and acceptable revenue formula that will…

4 years ago

Nigeria targets economy growth through multilateral financing

President Muhammadu Buhari has assured that the Nigerian government will continue to support efforts to broaden the economy through multilateral…

4 years ago

IsDB to boost export capabilities of agri-entrepreneurs, SMEs

The Islamic Development Bank (IsDB) through its iProduce Africa, an agribusiness hub, says it is striving to boost the operations…

4 years ago

Nigeria’s food import bill down  83.53% to $0.56 billion in seven years

Nigeria's food import bill has dropped by 83.53% from $3.40 billion in 2014 to $0.56 billion this year, due to…

4 years ago

Senate approves Buhari’s $16.2bn, €1.02bn loan request

The Senate has approved President Muhammadu Buhari’s loan request for the sum of $16.23 billion and €1.02 billion, under the…

4 years ago

Nigeria approves N348.7tn investment plan for 2021-2025

The Federal Executive Council (FEC) of Nigeria has approved the National Development Plan (NDP) for 2021 to 2025 to succeed…

4 years ago

Nigerian States’ IGR up 13.21% to N849.12bn

The 36 states and the Federal Capital Territory generated N849.123bn as Internally Generated Revenue (IGR) in 2021 compared to N612.87bn…

4 years ago

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