Despite Objections, Senate Pass 2022 FCT Budget
The N607.962bn 2022 proposed budget by the Federal Capital Territory, Abuja has passed for second reading at the Nigerian Senate. The appropriation bill was passed on…
Section
Business
Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
CBN Sets up NCR to Help MSMEs, Access Business Loans
There is good news for farmers and operators of Micro, Small and Medium Enterprises (MSMEs), as the Central Bank of Nigeria (CBN), has set up National…
House of Reps Orders CBN To Suspend Polaris Bank Sale
The Nigerian House of Representatives has directed the Central Bank of Nigeria (CBN) to immediately suspend the sale of Polaris Bank Plc. The Reps said the…
FG’s Relapse to Technology, Boom Oil Theft Business – Ex Naval Officer
The President, Club Twelve 88, Abuja, Rear Admiral Gbadejo Adedeji (rtd) has attributed the lack of adequate technology to secure and monitor oil pipelines to recent…
In Two Weeks, Nigerian Businesses Lost Over N1trn to Flooding – Expert
The Nigerian economy and businesses have lost over N1trillion in two weeks to the flooding crisis, according to expert. Kogi, Benue, Anambra, Niger, Nasarawa and other…
SMEDAN Salutes Inauguration of Certified Business Development Service Providers Association
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has hailed the inauguration of Association of Certified Business Development Service Providers of Nigeria (ACBDSP). The…
Kogi Residents Protest Dangote Exploitation
Kogi State residents have come out en masse to protest over exploitation by the Dangote group over the ownership of Obajana cement. The citizens of the…
14.8bn Naira Budget For Aso Villa Internet Access – FG
The Buhari led administration has made a budget of over 14 billion naira to be spent on internet access, stationery and telephone charges for the 2023…
Non-Oil Export Hit $2.6bn In Six Months – NEPC
The Chief Executive Officer, Nigerian Export Promotion Council (NEPC), Ezra Yakusak, has put the value of Nigeria’s non-oil export in the first half of 2022 at…
Fasanya Task MSMEs to Embrace Innovation for Global Relevance
SMEDAN DG, Olawale Fasanya has encouraged MSMEs to adopt innovative packaging and branding to ensure their products remain relevant in the international market. The Director-general of…