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Senate passes factoring bill to boost MSMEs’ growth

By Henry Umoru, Abuja The Senate has passed the Factoring, Assignments and Receivables Financing Bill, a major legislative effort aimed at improving access to finance for Micro, Small and Medium Enterprises (MSMEs) and strengthening liquidity in the business sector. The Bill provides a legal and regulatory framework for debt factoring in Nigeria, allowing suppliers and […]

Reps to modernise price control law as bill passes second reading

By Gift ChapiOdekina, Abuja The House of Representatives on Wednesday advanced reforms to Nigeria’s price control regime as lawmakers passed a bill to amend the Price Control Act through second reading after a debate on its relevance to current economic realities. Leading the debate, Ahmed Munir said the 1977 legislation had become outdated and ineffective […]

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