Private Sector Shuns Reps Hearing On Buhari’s Aviation Bills       Relevant stakeholders especially in the private sector were conspicuously absent from a public hearing organised by the House of Representatives on six executive bills on the aviation sector on Tuesday. The Speaker, Femi Gbajabiamila, while declaring the...

Dangote Urges Private Sector Operators To Fund Health Care       The President of Dangote Industries Limited, Aliko Dangote, has urged all operators in the private sector to commit one per cent of their profits to fund the health sector challenges in Nigeria, to enable the country...

Economy Loses N900bn Credit, Private Sector Stagnates At N30trn       Credit to the economy fell by N900 billion or 2.27 percent in August driven by slump in credit to the government during the month. The Central Bank of Nigeria (CBN) disclosed this in its Depository Corporation...

Banks’ Credit To Private Sector Rises To N30.189trn     Banking sector’s credit to the private sector rose by N757 billion or 2.57 per cent to N30.189 trillion as of July 2020, compared with the N29.432 trillion it was at the end of June. Latest money and credit...

Nigeria’s Private Sector Struggles With Economic Impact Of COVID-19, Inflation, Devaluation       The COVID-19 crisis has brought with it disastrous economic effects. As the virus continues to spread, business and world economies have been experiencing a huge decline in revenue. According to KPMG, about 94 per...

COVID-19: AfDB Okays $10bn For Public, Private Sectors   The African Development Bank The African Development Bank (AfDB) says it will provide $10 billion in 2020 to help African countries and their private sectors to respond to the COVID-19 crisis through its COVID-19 response facility (CRF). The...