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Osinbajo Launches Free WiFi Services In Wuse Market 2

The Vice President, Prof. Yemi Osinbajo, on Thursday launched the free wifi zones in Wuse 2 market of the Federal Capital Territory (FCT – Abuja. The Senior Special Assistant to the President, Media and Publicity, Office of the Vice President, Laolu Akande, quoted the Vice President as describing the occasion as “a very exciting day […]

Economy News Extra Latest News

FG To Disburse N1.5Bn To Jigawa Traders Through ‘Trader Moni’

The Federal Government has taken its social intervention campaign under the ‘Trader Moni’ scheme to  Jigawa State with the initial sum of N300 million ready for disbursement to thousands of traders in the state. Altogether, a total of N1.5 billion has been earmarked for on- lending through Unity Bank to about 35,000 Jigawa petty traders […]

Economy News Extra Latest News Power/Electricity

Over 200,000 MSMEs To Benefit From Rural Power Initiative

The Federal Government has said that more than 200,000 Micro Small and Medium Enterprises, (MSMEs) will benefit from its Energizing Economies Initiative being implemented by the Rural Electrification Agency(REA). This is even as the initiative is expected to create over 2,500 jobs and reduce carbon emissions  by 25,000 metric tonnes annually. The agency’s Director of Promotions, Ayang […]

Latest News Power/Electricity

Nigeria Needs $1Trn To Upgrade Energy Infrastructure – Osinbajo

The Vice President, Prof. Yemi Osinbajo, has put Nigeria’s funding need to modernize energy infrastructure across the country at about $1 trillion. He gave this projection in his keynote remarks while declaring open the National Energy and Climate Change summit on Thursday in Abuja,  saying that government is doing its best to attract domestic and […]

Latest News Manufacturing

FG Approves 90-Day Special Timeline For MSMEs’ Registration

The Federal Government has approved a 90-day special window to register Micro, Small and Medium Enterprises (MSMEs) at a discounted rate of N5,000 as part of its efforts to  make easy the process of registering  enterprises and improving the nation’s Ease of Doing business rating. The Vice-President, Prof. Yemi Osinbajo, who gave this hint on […]

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FG Pledges To Fast-Track Implementation Of ERGP

The Minister of Budget and National Planning, Senator Udoma Udo Udoma, on Thursday restated Federal Government’s commitment to the implementation of the various strategies set out in the Economic Recovery and Growth Plan (ERGP). The strategies are aimed at addressing the five execution priorities of Macroeconomic Stabilization, Agriculture and Food Security, Transportation, Energy and Industrialization. […]

Economy News Extra Investments/Capital Market Latest News

Nigeria Attracts $84Bn FDI Inflow In 18 Months – Osinbajo

Nigeria’s foreign direct investment (FDI) inflows have continued to gain more traction following the ongoing economic policy reforms of the government with about $83.9 billion investments inflow into the economy from January 2017 and the end of the first quarter of this year. The evidence of the improved FDI inflows was contained in a report […]

Latest News Revenue

Governors Parley Over FAAC’s Deadlocked Meeting, Other Fiscal Issues

State Governors, under the auspices of the Nigerian Governors Forum, are meeting in Abuja Wednesday night to deliberate over sundry fiscal matters, particularly the circumstances that culminated to the deadlock of the Federation Accounts and Allocation Committee (FAAC) meetings in Abuja. A source confirmed that the governors would take their resolutions on the sundry matters at […]