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Small and Medium Enterprises

National Bureau of Statistics NBS

NBS: MSMEs generated 60 million jobs in 2017

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).
China's Yuan

Nigeria-China currency swap: Manufacturers groan over Renminbi access

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.
Small and Medium Enterprises (SMEs)

Institute charges SMEs to imbibe good corporate governance

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.
Small and Medium Enterprises (SMEs)

FCMB supports capacity building for SMEs

First City Monument Bank (FCMB) has reiterated its commitment to building capacity of Small and Medium Enterprises (SMEs).

Central bank injects $210 million into forex market

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.

AFREXIMBANK, NEXIM to provide $1bn finance for Africa’s trade, infrastructure development

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.

Abuja chamber wants federal government to adopt global best practice to support SMEs

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).

Official: NIPOST’s financial inclusion intervention supports growth of SMEs, reduces unemployment

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.

Central bank injects $210 million in inter-bank forex market

The Central Bank of Nigeria (CBN) on Wednesday gave $210million to the inter-bank foreign exchange market.

Enugu government urges youths to embrace ‘One-Youth, One-Skill’ programme

The Enugu State Government has appealed to youths in the state to embrace the ongoing “One-Youth, One-Skill Programme’’ of the state government.

Irregular migration: ECOWAS moves to increase job creation

ECOWAS is developing modalities to increase job creation to address illegal migration in the region, officials have said.

Forex market gets $210 million Intervention

The Central Bank of Nigeria (CBN) yesterday injected the sum of $210 million into the interbank foreign exchange market, in continuation of its sustenance of liquidity in that segment of the market.
The President of the Senate, Dr Bukola Saraki has cautioned politicians against overheating the polity ahead the general elections.

Senate adjourns till April 9, to pass 2019 budget April 16

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.
President Buhari receiving Report of the Technical Advisory Committee on the Implementation of the National Minimum Wage in State House on 25th Mar 2019 2

President Buhari: Nigeria still can’t feed itself

President Muhannadu Buhari has said that, Nigeria is still facing the challenge of feeding itself and providing raw materials for industries through agriculture.

Experts commend central bank for cutting lending rate to 13.5%

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.

Experts commend central bank for cutting lending rate to 13.5 percent

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.

Benue secures $500 million platform with South African Zulu King

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.

Microsoft, First Bank push digital transformation of SMEs

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.

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Sinatu Aderoju Ojikutu

US visa restriction against Nigerians, commendable – Ex-Lagos deputy governor

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.
Magnus Abe

Senator Abe: Leadership without sacrifice is meaningless

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.
The Federal Government is committed to providing an enabling environment for businesses to succeed, as partnerships between the public and private sectors remain the most viable means of bringing prosperity to the masses.

President Buhari: Boko Haram continuous existence surprising

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.

PDP wins Imo rerun

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.

US expands health screenings for coronavirus to 20 airports

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.