Business

Banks ask to reconsider loan conditions to SMEs

Banks and other financial institutions in the country have been asked to design programmes that will enable small businesses access funds easily, as certain conditions attached to some loans keep preventing SMEs from accessing them.

The Director General of Small and Medium Enterprises Developme [...]

Sat, 23 June 2018


SEC takes financial inclusion campaign to grassroots

 

In line with the determination of the nation’s financial authorities to achieve 80percent rate in financial inclusion by 2020, the Securities and Exchange Commission, SEC, took its campaign team to Kwali Area Council to enlighten residents on the essence of financial inclusiveness. [...]

Sat, 23 June 2018


Economist calls for sale of prisons, barracks, others

Renowned economist, Dr. Ayo Teriba, has called for the privatization of uneconomic federal government assets, including prisons and barracks, as a means of shoring up its financial buffers.

He said privatization was the answer to the country’s economic development considering that its bud [...]

Sat, 16 June 2018


AGF mediates in police IPPIS challenges

Accountant General of the Federation, AGF, Ahmed Idris, has wadded into the challenges involved with the enrolment of the members of the Nigeria Police Force on the Integrated Personnel Payroll Information System, IPPIS, platform, by personally overseeing the process of resolving all impending issues. [...]

Sat, 16 June 2018


FG assures retirees of prompt payment of benefits

The National Pension Commission, PenCom, has assured prospective retirees of its commitment of ensuring quick payment of their pensions and other benefits when they eventually retire.

This, the commission hopes will encourage them delve into other ventures that will task their body and minds in [...]

Sat, 16 June 2018


Food index shaky, as inflation rate slides

 

In spite the steady decline in inflation rate recorded in recent time in Nigeria, food index have continued to swing, resulting in unstable food prices across most markets in the country.

For instance the food index rose from 15.13percent in January this year, to as high as 17.59p [...]

Sat, 16 June 2018


Meter bypass: 11 FCT residents charged to court

Eleven persons suspected to have engaged in meter bypass and energy theft will be arraigned before a Grade 1 Area Court in Mpape, Abuja, to plead their case.

According to the Abuja Electricity Distribution Company, AEDC, the suspects including two women and nine men, will be arraigned by the Ka [...]

Sat, 16 June 2018


Govt will ensure equity in project implementation - Udoma

The Minister of Budget and National Planning, Sen. Udo Udoma, has assured Nigerians of the federal government’s commitment in ensuring equity and fairness in project implementation across the country.

Udoma stated this in Kaduna while inaugurating a soil erosion and flood control project [...]

Sat, 16 June 2018


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