A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
By Babajide Komolafe National Bureau of Statistics (NBS) said that the nation’s economy has formally entered into recession as the Gross Domestic Product (GDP) contracted for the second consecutive quarter by 3.62 percent in the third quarter of 2020. Economic recession is defined as two consecutive quarters of negative Gross Domestic Product (GDP) growth. Negative
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The Lagos State Employment Trust Fund (LSETF) has launched a N5 billion intervention initiative tagged, Lagos Economic Acceleration Programme, LSETF-LEAP, to help micro, small and medium enterprises (MSMEs) in the state recover, save and create more jobs in the wake of the COVID-19 pandemic.
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As part of its mandate to drive advocacy and address issues impacting the advancement of electronic payments and digital financial services in Nigeria, the Committee of e-Business Industry Heads (CeBIH) has urged Micro, Small, Medium Enterprises (MSMEs) to leverage the digital ecosystems to grow their businesses.
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CNN International Commercial (CNNIC) has showcased a new global branded content campaign to demonstrate the impact of Dangote Industries’ investments across Africa through its transformational projects.
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Skyrocketing food prices and scarcity of foreign exchange (FX) have emerged as the main drivers of soaring inflation and analysts see additional factor of fuel price and electricity tariff increases pushing steeper rise in the months ahead.
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The Nigeria Investment Promotion Commission (NIPC) has announced addition of six companies with N175.28 billion investment value to the pioneer status industries for the third quarter (Q3) ended September 2020.
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Mr Ganguly Soumobroto, Chief Executive Officer (CEO) of Cars45, on Friday said the company acquired Nigeria’s largest online used cars market to upscale the business to an international platform. Soumobroto gave the insight at a news conference at Alausa Shopping Mall while responding to questions on the investment made by the international online market platform,
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By Babajide Komolafe Choice International Group has assured investors of 35 percent annual returns on investment (ROI) on its Gree and Lontor franchise retail stores in Nigeria. Speaking in Lagos yesterday at the unveiling of the Gree and Lontor Franchise Retail Brands Shops in Nigeria, President, Choice International Group, Chief Diana Chen, said that the company
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The Federal Government generated N424.7 billion as Value Added Tax (VAT) in the third quarter of the year (Q3’20). This represents a rise of 30 percent in VAT revenue when compared to N275.12 billion in Q2’20.
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ECONOMY By Yinka Kolawole, with agency report The selection panel for the new Director General/ Chief Executive of the World Trade Organisation (WTO) has formally submitted the name of Dr. Ngozi Okonjo-Iweala to the Organisation’s General Council for appointment to the position. The panel, constituted from the WTO Ambassadors, recommended that Okonjo-Iweala is the candidate
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