The Federal Government has launched the ‘Cross-Border Digital Payments and Identity in Nigeria under the AfCFTA’ report, urging stakeholders to unlock trade opportunities for Micro, Small and Medium Enterprises (MSMEs) to access the $3.5 trillion African Continental Free Trade Area (AfCFTA) market. The high-level report, hosted by the Office of …
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The Lagos Chamber of Commerce and Industry, LCCI, has raised the alarm that Nigeria’s debt servicing declined to 3.87 trillion in 2022 as against 4.22 trillion in 2021. In a statement on Wednesday by the Director General of LCCI, Dr Chinyere Almona, she disclosed that Nigeria’s debt profile increased by …
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The organised private sector, comprising manufacturers and small businesses in the country, Tuesday, stated that the policies of the Federal Government and the Central Bank of Nigeria, CBN, are killing businesses in the country, while they stated that due to the unfavourable policies, businesses have refused to repatriate about $10 …
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The sector that contributes 57.9 per cent of Nigeria’s Gross Domestic Product, GDP, is at risk of closure, as the unending fuel crisis witnessed across the country has started to take its toll on small businesses in Abuja and other parts of the country, since majority of the businesses were …
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