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How COVID-19, Taxes Stifled MSMEs In 2020

How COVID-19, Taxes Stifled MSMEs In 2020         The year 2020 has got its ups and downs for many businesses in Nigeria especially as they felt the brunt of the COVID-19 pandemic and its attendant lockdown as well as multiple taxes from the various authorities of...

Fourteen Insurers To Pay N9.7bn #EndSARS Riot Claims

Fourteen Insurers To Pay N9.7bn #EndSARS Riot Claims         A total of 1,036 individuals and corporates that recorded losses during the recent #EndSARS protests across the country have lodged claims through 14 insurance companies; 667 of the claimants are from Lagos. Fourteen insurance companies will pay about...

We Lost N1bn To #EndSARS Protests – NPA

We Lost N1bn To #EndSARS Protests - NPA         The Managing Director of the Nigerian Ports Authority, Hadiza Bala-Usman, told the Senate on Monday that the agency lost more than N1bn when some unidentified people vandalised its facilities during the recent #EndSARS protests in October this...

2021 Economy Outlook And CBN’s Solutions

2021 Economy Outlook And CBN’s Solutions         The year 2021 is literally here. Suddenly it has become the year for a magic which was initially expected for 2020, but which disappointed due, obviously, to the public health crises of COVID-19 that practically pressured all economies, including...

Rising Youth Unemployment is a Waiting Time Bomb

Rising Youth Unemployment is a Waiting Time Bomb By Joy Nguri Current youth unemployment figure in Nigeria is estimated at about 17.1 percent of the over 200 million population. This data are estimates from the International Labour Organization, ILO, an agency of the United Nations saddled...

NARTO Loses Over N2bn Cash, 100 Trucks To #EndSARS

NARTO Loses Over N2bn Cash, 100 Trucks To #EndSARS         The Nigerian Association of Road Transport Owner (NARTO) at the weekend counted the losses it incurred from the #EndSARS protests, saying the protesters burnt over 100 trucks bearing maize and cattle, totaling above N2billion. Its National President,...