Business Economy Features/Opinion

Greasing wheels of SMEs in Oyo State through SAfER

By David Adeoye Economic experts have acknowledged that Small and Micro Enterprises (SMEs) are a major sector contributing significantly to the nation’s economy. Consequently, they play a pivotal role in poverty reduction. In Oyo State, SMEs form the backbone of the state’s economic activities and contribute to achieving sustainable development goals aimed at mitigating economic […]

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Business Economy

Group urges FG to invest more in SME’s to tackle poverty

From Our Correspondent Mr Prosper Okafor, President of Crusade for Greater Nigeria on Poverty Eradication and Social Matters (CFGN), has urged the federal and state governments to invest more in Small and Medium Enterprises (SMEs). Okafor said in Abuja, on Monday, that this would improve job creation and ensure poverty alleviation at all levels. According […]

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Business Science & Technology

Omniverse holds tech, creativity, entrepreneurship summit in Lagos

By Abdulfatah Babatunde The Omniverse, a convergence platform for the brightest minds across African innovation, creativity and entrepreneurship will launch its inaugural Summit in Lagos, Nigeria, TheNewsZenith reports. APO Group said in a statement mailed to TheNewsZenith that the platform is co-created with Innovation Support Network (ISN) as an ecosystem partner. ISN, it added, is […]

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Business Features/Opinion

AMCON Overstaying Its Welcome: In Whose Interest?

By Oscar Japhet The story of Asset Management Corporation of Nigeria (AMCON), just like many other Federal Government agencies, is that of a beautiful concept but with poor implementation. This is resulting to loss of public confidence and damaging the economy. There is no doubt that enormous non-performing loans pose a big challenge to financial […]

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Business General

Infractions: CAC to delist 90,000 companies

From Our Correspondent The Corporate Affairs Commission (CAC) says it is set to delist 91,843 companies for failing to file their annual returns as and when due. TheNewsZenith reports that the commission published the list of the affected companies, marked for delisting on its website last week. This is 2,738 companies less than the 94,581 […]

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Business Economy General

NASENI, UNIDO to collaborate on renewable energy solution

By Abdulfatah Babatunde The United Nations Industrial Development Organisation (UNIDO) is seeking collaboration with the National Agency for Science and Engineering Infrastructure (NASENI) to reduce energy poverty in Nigeria. The collaboration will be through the domestication of renewable energy solutions and to fast-track industrial development of the country. The Deputy Head of UNIDO Nigeria Office, […]

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Business General

Cement price: Minister commends BUA

From Our Correspondent Minister of Housing and Urban Development, Mr Ahmed Dangiwa, has commended BUA Group for lowering the price of its cement to the nation’s construction subsector. In a statement, on Tuesday, Dangiwa said BUA Plc’s decision to reduce the price of cement to N3,500 per bag “is a demonstration of the company’s commitment […]

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Business Foreign News

Arsonist torch Nigerian auto workshop in S/Africa

By Peter Ejiofor A Ugandan national, suspected to be on a revenge mission against his father, has set fire to the automobile workshop in Vom Hagen Street, Pretoria, Gauteng, South Africa. The Nigeria Union South Africa (NUSA) said in a statement, on Tuesday in Pretoria, that the suspected arsonist destroyed nine cars and auto parts. […]

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Business Economy Local

LG gifts N5m business grants to disables

Andoni Local Government Council of Rivers, on Friday, disbursed N5 million in business grants to 50 persons living with disabilities (PWD) in the area. The Council Chairman, Erastus Awortu, distributed N100,000 to each of the beneficiaries at Ngo, the council’s headquarters. Awortu said the money was take-off grants for beneficiaries. The funding followed a four-day, […]

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Business Economy Industry

FTZs challenges: Presidential aide seeks appropriate policy implementation

From Our Correspondent in Abuja A Presidential aide has challenged trade and industry stakeholders to initiate the right policies and proper implementation of the existing laws to address challenges affecting operation of free trade zones (FTZs) in Nigeria. Special Adviser to the President on Industry, Trade and Investment, John Uwajumogu, stated this at a stakeholders […]

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