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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...

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...