eTranzact partners SMEDAN to expand digital access for SMEs
By Elizabeth Adegbesan eTranzact International Plc has reaffirmed its commitment to supporting Micro, Small and Medium Enterprises, MSMEs, through digital payment solutions, as it deepens its partnership with the Small and Medium Enterprises Development Agency of Nigeria, SMEDAN, to promote financial inclusion. The commitment was made at the SMEDAN/eTranzact Town Hall Engagement, themed, “Financial Literacy and […]
Anchor Borrowers’ Programme: Delta fish farmers receive N1.2bn loans
Fish farmers in Delta have received N1.2 billion loans under the Central Bank of Nigeria (CBN)’s Anchor Borrowers Programme (ABP).
Saudi Arabia calls for oil producers to extend cooperation
Top oil exporter Saudi Arabia called Sunday for extending cooperation between OPEC and non-OPEC producers beyond 2018, after a deal to cut output succeeded in shoring up prices.
Petrol subsidy may hit N449billion – Investigation
Unless Nigeria’s refining output rises significantly or the price of crude oil in the international market drops to an average of $40 per barrel or the Naira appreciates against major international currencies, Nigeria may spend about N448.8 billion subsidising Premium Motor Spirit, PMS, otherwise known as petrol, in 2018.
Nigerian Stock Exchange: Banking stocks lead equities rally
At the end of week’s trading today, 40 companies appreciated in price compared to 32 companies that recorded price depreciation, while the price of 100 companies remained unchanged.
Many states still owe workers’ salaries despite bailout funds – Survey
Many state governments have used the third tranche of the Paris Club refund to pay the arrears of workers’ salary and pension, a survey by the News Agency of Nigeria has revealed.
