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CBN slashes interest rate to 13.5 percent

CBN slashes interest rate to 13.5 percent

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has for the first time in over two years adjusted interest rate downwards to 13.5% Addressing journalists at the end the second MOC meeting in 2019, Central Bank Governor Godwin Emefiele disclosed that “the MPC voted to adjust the Monetary Policy Rate (MPR) […] …

Osinbajo to launch TraderMoni in Bauchi Tuesday

Osinbajo to launch TraderMoni in Bauchi Tuesday

Paul Orude, Bauchi Vice President Yemi Osinbajo will, on Tuesday, visit Bauchi State to officially launch the Federal Government’s Social Investment programme, TraderMoni. The TraderMoni is a scheme introduced by the Federal Government which will see traders receive N10, 000 soft loans to boost their trades. Briefing journalists at a press conference at the NUJ Secretariat, […]
The post Osinbajo to launch TraderMoni in Bauchi Tuesday appeared first on The Sun Nigeria. …

How to address challenges of SME finance

How to address challenges of SME finance

Small and Medium Enterprises (SMEs) are critical to the development of any economy as they possess great potentials for employment generation, improvement of local technology, output diversification, development of indigenous entrepreneurship and forward integration with large-scale industries. In Nigeria, there has been gross under performance of the SMEs sub-sector and this has undermined its contributionRead More …

LCCI supports SMEs through trade promotion, policy advocacy

LCCI supports SMEs through trade promotion, policy advocacy

The Lagos Chamber of Commerce and Industry (LCCI) has reiterated its commitment to the growth of Small and Medium Enterprises (SME) through policy advocacy and promotion of their goods and services. The President of LCCI, Babatunde Ruwase, gave the assurance on Thursday in Lagos at the 2018 LCCI Members’ Day Exhibition and Networking. Ruwase saidRead More
The post LCCI supports SMEs through trade promotion, policy advocacy appeared first on The Nation Nigeria. …

States owe FIRS N41bn tax – NEC

The National Economic Council (NEC) says states are owing the Federal Inland Revenue Service (FIRS) N41 billion in Value Added Tax (VAT). Gov. Badaru Abubakar of Jigawa State, disclosed this while briefing State House Correspondents shortly after NEC meeting presided over by the Acting President, Prof. Yemi Osinbajo, on Thursday in Abuja. He said that […] …

Why we’re planning $25bn African Trade Strategy – Dr. Oramah, Afreximbank president

Davido’s uncle shows off dance moves to celebrate victory in Osun by-election

In this interview he granted on the sidelines of the 25th Annual Meetings of Afreximbank in Abuja, Oramah
The post Why we’re planning $25bn African Trade Strategy – Dr. Oramah, Afreximbank president appeared first on – The Sun News. …

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