The Principal Consultant and Chief Executive Officer of MSME Business Development Services Limited, Dr. Peter Ayim will by tomorrow Tuesday, January 11, 2022 by 6:30am share insights on how Micro Small and Medium Enterprises (MSMEs) on the Fidelity SME Radio Forum. In an email Newsletter, Fidelity Bank said Dr. Peter …
Read More »Investments in 4G Falls by 7% in Africa – ITU
Investments in the deployment of 4G network across African countries declined by seven per cent in 2020, the International Telecommunications Union (ITU) has said. The ITU in its latest report tagged “The Economic Impact of Broadband and Digitization through the COVID-19 Pandemic,” noted that the decline in 4G investments was …
Read More »Nigeria’s Inflation will Drop to Single Digit in 2022 – CBN
The Central Bank of Nigeria, CBN has said it sees the country’s inflation rate dropping to a single digit next year, with the full implementation of its recent policies designed to boost different sectors of the economy. The Director of Monetary Policy Department, CBN, Dr Hassan Mahmud, said this on …
Read More »Ecobank Group, Microsoft Upskill Africa’s SMEs to Succeed in a Digital Economy
Ecobank Group, in partnership with Microsoft, LinkedIn, GitHub and Ecobank Academy is set to provide training to equip Small and Medium-sized Enterprises (SMEs) across sub-Saharan Africa. This training will provide SMEs digital skills and knowledge to succeed in today’s digital world. SMEs have been significantly impacted by the COVID19 pandemic …
Read More »NESG Tasks FG on Improve Stakeholder Collaboration For Inclusive Growth
The Nigerian Economic Summit Group (NESG) has urged the Federal Government to strengthen its collaboration with relevant stakeholders to engender inclusive sustainable economic growth in the country. The NESG in a report on Sunday in its first quarter, 2021 Economic report noted that there was need to improve inclusive growth, …
Read More »How Nigeria, Other African Countries Can forge an Inclusive Economic Recovery
By Tolu Oyekan As of this writing, the spread of COVID-19 in many African countries has been more contained, and the death toll lower, than some had expected in 2020. The economic fallout of the pandemic for Africans, however, will be different and could be more dire than for the …
Read More »Konga January Clearance Sale Goes Live
Over 65,000 mobile phones, 15,000 laptops/desktops/printers, 3,150 inverters and inverter batteries, 1550 TVs, loads of Fast Moving Consumer Goods (FMCG), as well as Home & Kitchen items of assorted brands and configurations are up for grabs on e-Commerce giant, Konga’s first major sales campaign for 2021 tagged January Clearance Sale. …
Read More »FIRS Generates N4.18trn in 10 Months—Nami
The Chairman, Federal Inland Revenue Service (FIRS), Mr Muhammad Nami said that a total of N4.18 trillion was generated in taxes from January to October 2020. Nami was represented by Mr Ezra Zubairu, Coordinating Director, Enforcement Support Group, FIRS, made this known at the opening ceremony of the Lagos International …
Read More »Nigerians Seek Loans for Food as 68% Households Suffer Severe Food Insecurity in August – NBS
The National Bureau of Statistics (NBS) says 68 percent of Nigerian households experienced moderate or severe food insecurity in August as a result of the COVID-19 pandemic. According to the national longitudinal survey on the socio-economic effects of COVID-19 on Nigerian households, conducted by the bureau in August, 51 percent …
Read More »Inflation Rate May Rise to 14.15% – CBN
The country’s inflation rate which stood at 12.82 per cent in July may rise up to 14.15 per cent by the end of December 2020 as the Federal Government’s deficit rises due to current economic challenges in the country. The CBN said this on Friday in its report titled ‘Monetary, …
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