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Business
Government’s support for innovations will leverage small businesses—VP Osinbajo
Nigeria’s Vice President, Prof. Yemi Osinbajo, said on Friday that government will not relent in its support for innovative ideas and interventions that would help Micro, Small and Medium Enterprises (MSMEs) thrive.
Prof. Osinbajo stated…
SEC reiterates commitment to ethical practices, efficient securities market
The Securities and Exchange Commission (SEC) has reiterated that its primary objective is to establish standards of ethical practices that ultimately make for a fair and efficient securities market.
In a statement, the…
FMDQ approves Mixta Real Estate’s N1.66bn quotation
FMDQ Securities Exchange Limited has approved the quotation of the Mixta Real Estate PLC ₦1.66 billion Series 33 Commercial Paper (CP) under its ₦20.00 billion CP Issuance Programme.
Mixta Real Estate PLC, a subsidiary of Mixta Africa,…
Nigeria needs appropriate policies to attract FDI – Asset Management
The Managing Director, Cowry Asset Management Limited, Mr Johnson Chukwu, has said that Nigeria needs appropriate policies that will attract Foreign Direct Investment (FDI) into the country.
Chukwu in his presentation at a virtual…
National Statistics: UK economy shrinks to 9.9% in 2020
The Office for National Statistics in Britain says that the coronavirus-ravaged economy shrank to 9.9% in 2020, the biggest annual fall in output since modern records began, but it avoided heading back towards recession at the end of last…
NBS Boss says ‘Nigeria will rebase GDP in 2021’
Dr Yemi Kale, Statistician-General of the Federation/CEO Nigerian National Bureau of Statistics (NBS) has disclosed that Nigeria would rebase its GDP in the latter part of 2021.
Kale disclosed this at the media conference on the…
SEC confirms reaction to CBN’s cryptocurrency ban
The Securities and Exchange Commission (SEC) has disclosed that there is no policy conflict between the capital market apex regulator and the Central Bank of Nigeria (CBN) over the ban placed on Cryptocurrency transactions in the banking…
Nigeria’s oil exploration drops by 150% – OPEC
According to the Organisation of Petroleum Exporting Countries, OPEC, there are indications that oil exploration has dropped by 150 per cent in Nigeria in the past year, due mainly to the prolonged delay in the passage of the nation’s…
Nigerian government to focus on tax compliance – Finance Minister
The Nigerian government is set to shift focus from revenue collection to tax compliance under the second phase of its Strategic Revenue Growth Initiative (SRGI 2.0).
The Minister of Finance, Budget and National Planning, Mrs Zainab…
Federal Govt. to support female entrepreneurs
The Nigerian Minister of Industry, Trade and Investment, Mr Adeniyi Adebayo, has called on members of the Association of Nigerian Women Business Network to take advantage of the various business intervention programmes of the Federal…