25,000 more youths to benefit from FG’s N75b loan

Minister of Youths and Sports Development, Mr. Sunday Dare Saturday revealed that an additional 25,000 youths are waiting to undergo training to benefit from a N75billion soft loan for Small and Medium Scale Enterprises (SMEs), which President Muhammadu Buhari approved in 2020. According to him, 6,054 entrepreneurs have so far benefited from the loan. Noting […]

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First Bank recommits to youth entrepreneurship, marks 2021 Youth Week

From showcasing of talents, to the art of fashion design, identifying youths in the food business and lots more, Nigeria’s leading financial services providers, First Bank of Nigeria Limited has reiterated its commitment to Youth Empowerment and Entrepreneurship through the celebration of its ongoing 2021 Youth Week. This was contained in a statement  on the […]

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Buhari hails Tony Elumelu Foundation over selection of 2021 beneficiaries of entrepreneurship programme

President Muhammadu Buhari has commended the founder of the Tony Elumelu Foundation, Mr Tony O. Elumelu over the selection of 4,949 beneficiaries in its 2021 entrepreneurship programme. He praised the industrialist on his remarkable vision in training, mentoring, and funding entrepreneurs from all 54 African countries, describing it as “a truly lasting legacy.” A statement […]

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FG trains 42 agric workers, plans improved food production

The Federal Government has organised a training programme for 42 selected agriculture extension workers in Osun State, on extension tools, methodologies and selected agricultural value chains. The training was aimed at preventing the drift in the agriculture extension system and help to revitalise the country’s economy. At the programme, which was facilitated by experts from […]

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MTN ranked among top tax-paying firms in Nigeria

Data from the Nigerian Exchange (NGX) ranked MTN among the top tax-paying firms in Nigeria. Specifically, for the first half of the year (H1), NGX said the telecommunications company paid N73.29 billion, which was 64 per cent increase from N44.69 billion reported in H1 2020. By that payment, MTN, according to NGX, is the second […]

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Coscharis partners Sterling Bank on e-commerce, vehicle finance

Coscharis Motors Plc has partnered Sterling Bank on on-boarding its vehicles on the bank’s Non-Interest Banking Division platform- AltDrive to ease ownership via e-commerce transaction which can be self-funded or financed by the bank. Coscharis Group General Manager, Marketing and Corporate Communications Abiona Babarinde, said the idea would provide customers an online retail marketplace to […]

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Glo subscribers rise by 2.81 million

Globacom on Sunday said it had added 2.81 million customers to its subscriber base in September. In a statement, the company said the development was according to a report by the Nigerian Communication Commission. The statement quoted Glo as saying, “The reported growth for the operator, expanded its active customer base to 52,934,990. Other service […]

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Nigeria produces 2m metric tonnes of onions annually ― Agric Minister

Producers canvass for increased production to meet local demand Nigeria produces about two million metric tonnes of Onions annually, the Minister of Agriculture and Rural Development, Mr Muhammad Abubakar, has told the 4th Regional Onion annual conference and general meeting holding in Kano. The event was organised by Regional observatory on Onions for West and […]

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Mastercard Foundation to create 10 million jobs for youths

Mastercard Foundation has reaffirmed its commitment to addressing unemployment in Nigeria by providing access to dignified and fulfilling jobs for 30 million young people under its Young Africa Works strategy, 10 million of which will come from Nigeria. This was disclosed by the Country Head, Mastercard Foundation Nigeria, Chidinma Lawanson, during a panel session themed, […]

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MultiChoice rejects tax tribunal’s ruling on $342m payment

MultiChoice Africa Holdings (MAH), the parent company of MultiChoice Nigeria, has rejected Tuesday’s ruling of the Tax Appeal Tribunal (TAT), which dismissed its appeal against the $342million Value Added Tax (VAT) bill slapped on it by the Federal Inland Revenue Service (FIRS). The company, which made its position known in a statement yesterday, also stated […]

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