BUSINESS

7 sources of grants and loans for Nigerian entrepreneurs in 2017

Opinions still largely differ on the issue of finance being biggest problem facing Nigerian entrepreneurs, but many many experts generally agree that it is one of the greatest challenges. Here are some of the easy-to-get funds available in the country ...

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UBA Strengthens Brand Affiliation on Nigerian Campuses, Unveils 15 Ambassadors

The United Bank for Africa (UBA) Plc Friday launched the maiden edition of its Campus Ambassador Programme with the induction of the first 15 brand ambassadors. The UBA Campus Ambassador Programme is an initiative to identify young emerging leaders among ...

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Court order gives Nigeria control of Malabu oil block, OPL 245

Justice John Tsoho of the Federal High Court sitting in Maitama, Abuja has given an order ceding control of the lucrative oil block, Oil Prospecting License, OPL 245, to the Federal Government pending investigation and prosecution of suspects in the ...

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Lagos to hike BRT fares from February

Operator of the Lagos State Bus Rapid Transit, BRT, scheme, Primero Transport Services, has announced plans to increase its fares on all routes in February. The company’s Managing Director, Fola Tinubu, made the disclosure in an interview with the News ...

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Imo government floats commercial Airline, to be operated by Dana

The Imo State Government is set to launch Imo Air to be operated by Dana Airline, in a partnership deal. Dana Airline Communications Manager, Mr Kingsley Ezenwa, made this known in a statement in Lagos on Tuesday. According to Ezenwa, ...

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FG Launches “MSME Clinics” to address business challenges in Nigeria

The Federal Government has launched a project code-named “MSME Clinics” to address the challenges faced by Micro, Small and Medium Enterprises (MSME) in Nigeria. Launching the project in Abuja on Tuesday, the Vice President of Nigeria, Professor Yemi Osinbajo, said ...

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General Electric to invest in Nigeria’s refineries

General Electric, GE, a US multinational company, Tuesday in Abuja, proposed to invest in the nation’s three refineries located in Port Harcourt, Warri and Kaduna. GE, in a presentation to NNPC GMD, Dr. Maikanti Baru and his team stated that ...

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Dollar slips, shares unstable after Trump’s address

The dollar slid broadly on Monday after U.S. President Donald Trump struck a protectionist tone in his inauguration speech, prompting developed and emerging market currencies to gain. The drops and gains were due to the Trump administration’s intention, on its ...

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STOP PANIC BUYING, No plans to increase fuel price

The Nigerian National Petroleum Corporation (NNPC) has advised Nigerians to stop panic buying of petroleum products, emphatically stating that there are no plans to increase the price of the products. Ndu Ughamadu, spokesman of the corporation, said the corporation had ...

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United Capital Plc, Societe Generale, Orange, Others Support African SMEs with €77m

United Capital Plc, a leading African investment banking group, has partnered with global financial and corporate institutions to set up a Franco-African Investment Fund (FFA), with investible funds of 77 million euro. The aim of the fund is to accelerate ...

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