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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...

Households, Businesses Can Apply For N50bn COVID-19 Loans – CBN

Households, Businesses Can Apply For N50bn COVID-19 Loans – CBN The Central Bank of Nigeria has said that households and businesses affected by the COVID-19 can now apply for loans under its N50bn Targeted Credit Facility. It said the stimulus package was to support households...

Cost Of Doing Business Rises By 600% At Tin Can Port

Cost Of Doing Business Rises By 600% At Tin Can Port         The cost of doing business especially for importation of goods through the Tin Can Island Port (TCIP) in Lagos has risen by 600 per cent in just one year. This is as importers and other...

Businesses In Abuja Lost N900m In Recent Protests — ACCI

Businesses In Abuja Lost N900m In Recent Protests - ACCI         President of the Abuja Chamber for Commerce and Industry (ACCI), Prince Adetokunbo Kayode, has said the aftermath of the #EndSARS, which led to many destructions has cost businesses in the Federal Capital Territory about N900...

Access Bank Announces N50bn Interest-free Loan For Businesses

Access Bank Announces N50bn Interest-free Loan For Businesses       Leading financial institution in Nigeria, Access Bank Nigeria Plc. has announced N50 billion in support of Nigerians through interest-free loans and grants to support communities, the youths, and micro, small and medium-sized businesses. “Now more than ever, we...

Businesses, Govts Count Losses To #EndSARS Protests

Businesses, Govts Count Losses To #EndSARS Protests       At the backdrop of the destructions of public and private properties and businesses in the wake of the #EndSARS protests, businesses have been counting their losses while economy experts have listed the immediate challenges the crises have thrown...