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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...

Governors To Implement Tax Reliefs For Businesses, Others

Governors To Implement Tax Reliefs For Businesses, Others     The Nigeria Governors‘ Forum has resolved to implement tax relief programmes for businesses and taxpayers across the 36 states of the federation in order to ease the current financial hardship. They pledged to work with their various State...

Buhari’s aide, Rafsanjani, others attend Gifted Hands cooperative launching

Buhari’s aide, Rafsanjani, others attend Gifted Hands cooperative launching   Succour has come the way of Small and Medium Scale enterprises, entrepreneurs and professionals as a popular Abuja-based socialite and entrepreneur, Alexandra Alexander, launched the Gifted Hands Thrift and Cooperative, in Abuja. The business venture is a...

Total Loans To Businesses Hit N18.9trn In One Year

Total Loans To Businesses Hit N18.9trn In One Year   Total gross credit for various transactions in Nigeria rose by N3.33 trillion from N15.56 trillion at end-May 2019 to N18.90 trillion at end-June 2020. These credits were largely recorded in manufacturing, consumer credit, general commerce, and information...

Businesses Groan As COVID-19 Impact On Economy Worsens

Businesses Groan As COVID-19 Impact On Economy Worsens     The Coronavirus (COVID-19) pandemic raises several challenges across different sectors of the economy. No sector from banking, telecoms, manufacturing, e-Commerce among others are exonerated from the uncertainty and rising costs of operations triggered by the pandemic. Therefore,...

COVID-19 Stopped 74.2% Of Businesses From Operating – NECA

COVID-19 Stopped 74.2% Of Businesses From Operating – NECA   The Nigeria Employers’ Consultative Association has said the COVID-19 pandemic stopped about 74.2 per cent of enterprises’ operations in Nigeria. The acting President of NECA, Mr Taiwo Adeniyi, said this at a press briefing held on Thursday...