Economy
Eight Million Businesses Shut Down in 2023 Amid Power Supply Crisis -ASBON National President
Recent weeks have been challenging for SMEs, particularly artisans, due to power disruptions across Nigeria. Many businesses, including frozen food...
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Lagos State Governor to Disburse N3.1 Billion to Retirees
Governor Babajide Sanwo-Olu has announced plans to disburse N3.1 billion to over 1,000 retirees in Lagos State this week, as...
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Federal Government Gives Conditions, Revealing Businesses to Benefit from N50bn Grant
The Nigerian government has announced that over 1,000 nano businesses are set to benefit from the Presidential Conditional Grant Scheme...
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National Power Grid Collapse: Restoration Efforts Underway as Minister Addresses Gas Supply Challenges
Electricity supply to major cities across Nigeria is gradually being restored following the collapse of the national power grid. The...
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Oyo State Government lists 3,300 Households for cash transfer Through OY-CARES program
The Oyo State Government has revealed plans to support approximately 3,300 households through its COVID-19 Action Recovery and Economic Stimulus...
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Federal Government Plans Suspension of Low-Revenue Taxes to Boost Businesses
The Federal Government, through the Presidential Committee on Fiscal Policy and Tax Reforms, is set to engage state governors in...
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Abia State Empowers 6,500 SMEs with N5.9 Billion Grants in NG-CARES Initiative
In a groundbreaking move, Abia State has disbursed over N5.9 billion to benefit 66,000 residents, with 6,500 small and medium-scale...
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Over 100,000 Persons in to Receive FG Renewed Hope Cash Transfer in Edo state
The Edo State Government has revealed that a significant number of 102,650 individuals across 1,969 communities within the state's 18...
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Economic Commission for Africa (ECA)’s Economic Report on Africa/ERA 2023: Building Africa’s Resilience to Global Economic Shocks
Climate-induced catastrophic events have led to severe humanitarian crises in Africa. Between 2000 and 2022, a total of 407.5 million...
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20 German Companies Plan Investments in Nigeria to Enhance Local Production and Exports
A delegation of 22 German and European companies, led by Micheal Schmidt, Deputy Head of the United Nations Investment and...
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