Business

Wage bill, other spending exceed subsidy savings — Oyedele

…Govt saved N15.8trn from subsidy removal, naira floatation …FG got only N5.43trn, borrowed N11.85trn …No large pool of cash available to FG By Emma Ujah, Abuja Bureau Chief ABUJA — The Federal Government has clarified that the N15.8 trillion saved from fuel subsidy removal and the flotation of the naira between June 2023 and December […]
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NEXIM Bank assures SMEs on business sponsorship

Sapele — The Nigeria Export/Import Bank, NEXIM, has assured Small and Medium Scale Enterprises in Delta State of its readiness to finance them provided they meet with the bank’s prerequisite conditions.

DIVERSIFYING MONO-ECONOMIC BAYELSA

AT a glance, even a first time visitor to Yenagoa, the state capital, notices that the economy in rapidly expanding Bayelsa State revolves around the State Government. As a young state, government at all tiers, particularly at the state level, is saddled with herculean primary task of raising infrastructures and institutions to support development and improve living standards for the surging population.

Outsourcing companies seek less cumbersome licensing processes

HUMAN Capital Providers Association of Nigeria, HuCaPAN, the umbrella body of licensed recruiters (Outsourcing companies) in the country has appealed to the Labour Ministry to look into the processes of issuance and renewal of recruiters’ license with a view to making it less cumbersome.

Importance of full deregulation in a post-PIB economy

The most topical issue in Nigeria’s oil and gas industry, ‘arguably the most vibrant in Africa’ right now is the Petroleum Industry Bill,(PIB) and the only reason it would come before full deregulation of the downstream oil sector is simply because it has being programmed to encapsulate the subject matter.

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