COVID-19: SMEs Can Access CBN’s N150bn Lifeline - FG   Small and Medium Scale Enterprises (SMEs) affected by Covid-19 can approach the Central Bank of Nigeria for a loan to restart their businesses, the Federal Government has said. The government said the CBN has set aside N150...

Manufacturing, Employment Recorded Sharp Decline In April     New orders, output and employment witnessed sharp falls as prices rose amid supply chain disruption in April. These was the summary of a report of April business activities, which also witnessed low manufacturing. The Nigeria Purchasing Managers’ Index report by...

COVID-19 To Slow Cocoa, Cashew Exports - NEPC   The Nigerian Export Promotion Council says an assessment of the impact of coronavirus on agricultural exports shows that the pandemic will lead to a fall in export of cocoa beans, cashew nuts and sesame seeds this year. The...

Don’t Allow Aviation To Fail, IATA Charges Nigeria     The International Air Transport Association on Thursday charged Nigeria not to allow its aviation sector to fail. This followed the announcement by the Federal Government that the country’s aviation sector was losing over N17bn monthly due to the...

Covid-19: Counting the Cost By Alabidun Shuaib Abdulrahman   The advent of coronavirus in the global space since last year has in many ways affected both health and economic sectors, leading to uncertainties of when and how it would be contained. So far, in Nigeria, the very obvious...

COVID-19: Nigeria’s Aviation Industry Loses N21bn Monthly    Nigeria’s aviation sector has been losing about N21 billion monthly since the outbreak of COVID-19 in the country, an official has said. The Minister of Aviation, Hadi Sirika, disclosed this at the daily Presidential Task Force on COVID-19 briefing...