THE Federal Government (FG) says it has disbursed the sum of N1.48 billion in loans to 29,000 small business owners in Imo. The Managing Director of the Bank of Industry, Dr Olasupo Olusi said this at a town hall meeting on the FG’s loan scheme for Micro, Small and Medium Enterprises (MSMEs) in Owerri, on … Read more
THE Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has said the 2024 economic policies of the government were unfair to the private sector. The President of NACCIMA, Dele Kelvin Oye, said the private sector bore the burden of the economic policies of the federal government. In his New Year message on … Read more
A RECENT surge in electricity rates in Nigeria, the most populous country in Africa, has triggered widespread discontent among businesses and consumers, highlighting the challenges posed by economic reforms initiated by President Bola Tinubu’s administration. Jude Okafor, a small business owner running a frozen fish and meat enterprise since 2021, expressed dismay over the sharp increase in … Read more