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Why Nigerian SMEs die early – Tony Elumelu

Mr. Tony Elumelu, the Chairman, Heirs Holdings, on Thursday, blamed multiple taxes and levies from government for the death of about 95 per cent of Small and Medium Enterprises (SMEs) within their first one year of operation in Nigeria.

Multiple taxation kills 95% of small businesses in Nigeria – Tony Elumelu

Tony Elumelu, chairman of Heirs Holdings, says multiple taxations and levies kill 95 percent of small and medium scale businesses in Nigeria.

Female businesses create more benefits for the society – Tony Elumelu

Tony Elumelu, chairman, Heirs Holdings, says female businesses create more businesses for the society.

Tony Elumelu, others task fed govt on barriers to SMEs’ growth

Founder of Heirs Holdings, Tony Elumelu, Prof. Pat Utomi and founder of Life Above Poverty Organisation (LAPO), Godwin Ehigiamusoe, have said weak institutions had posed a significant drag on the nation’s economic growth.

DISCOs have become our challenge in power sector – VP Yemi Osinbajo

Vice President Yemi Osinbajo has declared that electricity distribution companies (DisCos) have become a problem for the nation in the power sector.

Negative media coverage keeps investors away from Africa – Elumelu

Tony Elumelu, chairman of Heirs Holdings, says the stereotypical image of Africa portrayed in the media is the continent’s greatest challenge as it discourages investors from investing in the continent.

Tony Elumelu donates $500,000 to Sierra Leone

Tony Elumelu, Nigerian banker and philanthropist has donated $500,000 to Sierra Leone to help alleviate the suffering of people affected by flood and mudslide.

Libya to deport 540 Nigerians in August – NAPTIP

The National Agency for the Prohibition of Trafficking in Persons (NAPTIP), yesterday said 540 Nigerian deported from Libya will arrive Lagos this August.

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