The federal government, through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced a plan to disburse N50,000 to small businesses.
Economy
Most viewed
Popular
-
Over 41,000 Nigerians to benefit as NDE expands Renewed Hope employment scheme
-
FG to disburse $2.5bn YEIDEP fund: New date announced, youths warned against scammers
-
Cartier owner sales lifted by jewellery, improving Asia
-
US, Switzerland say reached deal on trade and tariffs
-
Customer Service Week: How FIRS boss Adedeji transformed tax Sservice, Nigerians feel the change
Economy Latest News
For these 'Made in America' CEOs, Trump's tariffs won't change the game
Entrepreneurs running small and medium-sized businesses that manufacture and source exclusively in the United States have learned to cope with globalization, and do not expect major changes from Donald Trump's tariffs threats. "I think maybe in the short term, it could be helpful," he said of Trump's tariff threats, adding that they could drive inflation in the long run and raise production costs.
EU, Britain to face off in post-Brexit fishing battle case
A tiny silver fish which is an important food source in the North Sea will take centre stage Tuesday as the European Union and Britain square off over post-Brexit fishing rights. Because of climate change and commercial fishing, the tiny fish "risked further decline... as well as species that are dependent on sandeels for food including fish, marine mammals, and seabirds".
Billionaire financier Bessent confirmed as Trump's treasury chief
Billionaire hedge fund manager Scott Bessent won Senate approval Monday to become US Treasury secretary, placing him at the forefront of implementing Donald Trump's economic agenda -– which is already triggering global jitters. Mike Crapo, who chairs the Senate Finance Committee, said Monday that Bessent was "committed to restoring the prosperity and opportunity" seen under Trump's leadership.
Silicon Valley rattled by low-cost Chinese AI
Fears that the AI gold rush could be under threat rocked Wall Street on Monday following the emergence of a ChatGPT-like model from China, triggering predictions of turmoil for Silicon Valley and accusations of cheating.
Lawmakers set to confirm Scott Bessent for US Treasury chief
The US Senate is widely expected to confirm billionaire hedge fund manager Scott Bessent for Treasury secretary Monday, putting him at the forefront of implementing Donald Trump's economic agenda -- which is already sparking global jitters.
Tesla, BMW take EU to court over China EV tariffs
Elon Musk's Tesla and German auto giant BMW have challenged EU import tariffs on China-made electric vehicles at the bloc's top court, the European Commission said Monday. Under the EU tariff scheme, Tesla vehicles manufactured in Shanghai face an additional surcharge of 7.8 percent on top of 10 percent already in place for EV imports from China.
Nigerians stock up massively as Tomato prices crash across markets
After months of buying tomatoes at ridiculously high prices, Nigerians are now taking advantage of the tomato glut to stock up the product at very low prices.
Auchan's Russia unit dismisses sale rumours
The Russian subsidiary of French supermarket chain Auchan quashed rumours of an impending sale on Monday, saying it continued to operate for the benefit of the local population.
Lagos leads list of Nigerian states with highest VAT contributions amid tax reform controversy
Lagos State has emerged as the highest Value-Added Tax contributor to national revenue in a recently published report, with N2.75 trillion in revenue.
Economy
Load more