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Agric, Power, Manufacturing Top N23.5trn Loans To Businesses – CBN

Agric, Power, Manufacturing Top N23.5trn Loans To Businesses - CBN   The total gross credit to businesses rose from N19.4 trillion to N23.5 trillion in the last one year, representing over 21.1 per cent increase, the Central Bank of Nigeria (CBN), has said. In a state of...

AfDB Okays $50m Loan For Nigerian Women Businesses

AfDB Okays $50m Loan For Nigerian Women Businesses     The board of directors of the African Development Bank has approved a loan of $50m to First City Monument Bank Limited to channel to local enterprises and women-empowered businesses in the agribusiness, manufacturing, healthcare and renewable energy...

LCCI Lists Effect Of Twitter Ban On Businesses

LCCI Lists Effect Of Twitter Ban On Businesses       The Lagos Chamber of Commerce and Industry (LCCI) has warned against what it described as collateral damage the suspension of Twitter operations in Nigeria would cause. Its Director-General, Dr Muda Yusuf said many businesses, especially small medium enterprises...

Reps To FCT Councils: Suspend Illegal Taxes On Businesses

Reps To FCT Councils: Suspend Illegal Taxes On Businesses       The House of Representatives has declared illegal, levies being imposed on businesses by area councils in the Federal Capital Territory, ordering the task forces to suspend their activities. A member of the House from Kogi State, Mr...

#EndSARS: Lagos Supports 10,000 Businesses With N939m

#EndSARS: Lagos Supports 10,000 Businesses With N939m       The Lagos State Government says it supported a total of 1,835 businesses affected by the EndSARS protest mayhem with the sum of N939.98 million. The Commissioner for Wealth Creation and Employment, Mrs Yetunde Arobieke, made this known during the...

Nigeria Businesses Lose $29bn Yearly To Poor Electricity – W/Bank

Nigeria Businesses Lose $29bn Yearly To Poor Electricity – W/Bank       The World Bank on Wednesday said businesses in Nigeria lose about $29bn annually as a result of the country’s unreliable electricity. It also observed that Nigeria had the largest number of people without access to electricity...