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Small and Medium Enterprises
The National Bureau of Statistics (NBS), has put the quantum of jobs created by Micro, Small and Medium Enterprises (MSMEs) at 59,647,954 jobs as of December 2017, stressing that five per cent or 2,889,715 of those jobs were created by Small and Medium Enterprises (SMEs).
Almost 70 per cent of Nigeria’s imports come from China and other Asian countries, while a paltry 12 per cent comes from the United States of America. This must have, no doubt, influenced the decision of the Federal Government to negotiate a currency swap deal with China.
The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN), has urged Small and Medium Enterprises (SMEs) to imbibe principles of good corporate governance to achieve sustainability and succession planning.
The interbank segment of the Foreign Exchange Market has received a boost of $210 million from the Central Bank of Nigeria (CBN) following sales concluded last Tuesday.
The African Export-Import Bank (AFREXIMBANK) has said it is partnering with the Nigerian Export-Import Bank (NEXIM) to provide about $1billion financing for the promotion of Nigeria-Africa trade and investment in Africa.
The Abuja Chamber of Commerce and Industry (ACCI) has called on the Federal Government to adopt the global best practice of funding Small and Medium Enterprises (SMEs).
Nigerian Postal Service (NIPOST) says its financial inclusion intervention is geared toward supporting the growth of Small and Medium Enterprises (SMEs), contribute to poverty alleviation and reduce unemployment in the country.
The Central Bank of Nigeria (CBN) on Wednesday gave $210million to the inter-bank foreign exchange market.
The Enugu State Government has appealed to youths in the state to embrace the ongoing “One-Youth, One-Skill Programme’’ of the state government.
ECOWAS is developing modalities to increase job creation to address illegal migration in the region, officials have said.
The Senate on Tuesday said it would pass the 2019 budget on April 16, and adjourned sitting for one week to give room for its committee to present reports on the budget.
Two financial experts, Samuel Nzekwe and Titus Okurounmu, on Wednesday commended the Central Bank for reducing the benchmark lending rate from 14 per cent to 13.5 per cent.
Two financial experts, Dr Samuel Nzekwe and Dr Titus Okurounmu, on Wednesday commended the Federal Government for reducing the benchmark lending rate from 14 per cent to 13.5 per cent.
Oluwayomi Oyebanjo, Chief Executive Officer (CEO), Oanda Consulting Nigeria, a multi sectoral firm, said it has secured a $500 million facility through the South African Zulu King, Goodwill Zwelithini kaBhekuzulu, to inject into the Nigeria and indeed Benue state economy.
Multinational technology giant, Microsoft, has teamed up with First Bank in a partnership that will assist Small and Medium Enterprises (SMEs) in Nigeria to adopt digital transformation of their businesses.
A former Lagos State Deputy Governor, Alhaja Sinatu Ojikutu, has said American President Donald Trump deserves commendation for extending his visa restriction policy to Nigeria.
Immediate past representative of the Rivers South-East Senatorial District at the National Assembly, Senator Magnus Ngei Abe, has declared that leadership without sacrifice is meaningless.
President Muhammadu Buhari says “harder times’’ await bandits whose disruptive activities have brought sorrow to Nigerians, kept many away from their means of livelihood, and heightened insecurity in parts of the country.
The Independent National Electoral Commission has declared Jerry Alagbaoso of the Peoples Democratic Party the winner of the supplementary election held on Saturday in Orlu/Orsu/Oru East Federal Constituency in Imo State.
The Centers for Disease Control and Prevention is expanding its enhanced health screening to 20 airports as part of its efforts to identify people with the new coronavirus who are traveling into the United States, the agency said in a press conference today.
Allegations of corruption swirling around his predecessor's daughter have set a crucial test for Angolan President Joao Lourenco in his vow to reform a country rich in oil and tainted by graft.
The leadership of the Peoples Democratic Party (PDP) is set to file for a review of the Supreme Court judgment that nullified the election of its candidate, Emeka Ihedioha, as the governor of Imo State, before the end of this week.
Following last Monday Supreme Court Judgement that upheld the election of Sen Bala Mohammed Abdulkadir as duly elected Governor of Bauchi State, commercial and social activities stood still on Tuesday as thousands of supporters and residents of Bauchi trooped to the state capital from across the 20 LGAs to receive the Governor back to Bauchi saying that he has forgiven all those who wronged him in the process.
A Non-Governmental Organisation (NGO), the Royal Ambassador Organisation of Nigeria, has declared support for the Governor Godwin Obaseki-led administration’s policies and programmes, targeted at ensuring sustainable peace across Edo.
The Christian Association of Nigeria (CAN) has asked President Muhammadu Buhari to arrest leaders of the Miyetti Allah organisation over killings in Southern Kaduna, Benue, Plateau and Taraba states, among others.