Businesses, night life almost grounded amid harsh economic realities

By Kadiri Abdulrahman The harsh economic situation in Nigeria, which has been exacerbated by the removal of petrol subsidy and high dollar exchange rates has become a major challenge for recreation businesses. A visit by the News Agency of Nigeria (NAN) to some recreation spots within Abuja showed low patronage,Continue Reading

AfDB signs m agreement with FSDH to support Nigeria’s SMEs

By Lucy Ogalue The African Development Bank (AfDB) has signed an additional 20 million dollars Trade Finance Facility with FSDH to support Small and Medium Enterprises (SMEs) in Nigeria. Mr Lamin Barrow, Director-General, Nigeria Country Department, AfDB, said this during the signing ceremony, on Thursday in Lagos. According to Barrow,Continue Reading

Stakeholders seek increased funding, market for SMEs

By Rukayat Moisemhe Some stakeholders have stressed the need for increased access to capital, technology and markets for the Small and Medium Enterprises (SMEs) to ensure global competitiveness. They spoke at the Nigerian-Canadian Business Association (NCBA) Second Edition Business Roundtable, on Tuesday in Lagos. The News Agency of Nigeria (NAN)Continue Reading