…between N1,400 and N1,450 per litre, adding to the financial strain on households and businesses that rely on petrol for transport and power generation.Previously, petrol prices averaged N1,300 per litre.PAY ATTENTION: From breaking news to viral moments. Follow Legit.ng on Instagram!CPPE Rejects Subsidy ReturnIn a pol…

…Ethics, held at the University of Lagos. Speaking on the theme, “Ethical Paradoxes, Small Businesses, and the Informal Economy: Lessons for Tax Compliance and Accountability in Nigeria,” he identified poor accountability and declining public trust as major obstacles to tax compliance in the country. “Nigerians do not n…

…First Lady, Oluremi Tinubu, sparked reactions when she encouraged Nigerians to explore small businesses such as akara and kuli-kuli as part of efforts to improve their livelihoods. Speaking after a Renewed Hope Initiative meeting with wives of state governors in Abuja in June, the First Lady said such businesses could…

…is whether the improvement in the macro numbers is translating into better margins for small businesses.” “Nigeria’s Q2 GDP growth was 4.43%, up from 3.89% in Q1. But I’d want to see what happens to operating costs and consumer purchasing power first,” he wrote. Similarly, another X user, known as Nwachukwu, said: “Chu…

…for young people, expanding women’s economic participation, supporting farmers and small businesses, and connecting communities to markets and public services. The minister also pledged stronger collaboration between the Federal Ministry of Information and National Orientation and the Taraba State Ministry of Informati…

…were allegedly facilitated away from polling units, including through vehicles and small businesses such as food vendors and provision shops. It warned that monitoring restricted to polling-unit environments might not capture the full network through which voter inducement was facilitated. Despite the challenges, KDI s…

…greater adoption of alternative payment channels, particularly among farmers, traders, small businesses and operators in the informal sector. According to him, increased use of digital payment platforms would expand access to financial services, encourage participation in the formal economy and promote inclusive econom…

…provide a more reliable electricity supply to the community and create opportunities for small businesses and other economic activities.

…Oyedele said the government had introduced exemptions for low-income earners and small businesses while working towards creating a more business-friendly tax environment. He said the reforms should therefore be assessed not only by their immediate costs but also by the economic benefits and potential harm they had help…

…and MSMEs seeking to overcome some of the financial and operational challenges facing small businesses.PAY ATTENTION: From breaking news to viral moments. Follow Legit.ng on Instagram!Who can apply for the GETGP grant?Speaking at the launch of the application call in Lagos, Project Manager, GET Compass, Kenechukwu Ohae…

…setup makes Tizeti particularly suitable for:Families with multiple connected devicesSmall businessesRemote workersStudents attending online classesStreaming high-definition videosVideo conferencingTizeti WiFi installation processGetting Tizeti internet installed involves a few simple steps:Check service availability i…

…a state whose commercial activity is driven by trading, manufacturing and thousands of small businesses. The state’s digital strategy is also being linked to a push to formalise SMEs, which Agbata identified as a major challenge. The ICT agency is working with the Ministry of Commerce to encourage businesses, including…

…Nigerian firms in survival mode.” The BOI said its strategy was also designed to support small businesses, which continue to face financing challenges. According to the bank, its digital lending platforms and partnerships with commercial and microfinance banks will provide MSMEs with easier access to funding. The repor…

…on Saturday in Akwanga Local Government Area, said the gesture would strengthen small businesses, improve traders’ access to capital and stimulate grassroots economic growth across the district. The governor, who commended the NSUBEB chairman for giving back to society, urged the beneficiaries to make judicious use of…

…young men and women have relocated from this community to somewhere else because their small businesses are no longer functioning due to the prolonged power outage," he said. Also speaking on behalf of the residents, Alhaji Babangida Aliyu Mika Mika, a community representative and former Special Adviser to the Executiv…

…sets, among other empowerment items carefully selected to support transportation, small businesses, vocational enterprises and household income generation. The lawmaker and other party faithful during the empowerment programme. Credit: Ikenna Obianeri Scholarships were also awarded to deserving students as part of the…

…scale beyond the Nigerian market,” Edu said. She added that improving compliance among small businesses would boost Nigeria’s economy while enhancing food safety and public health. “We do not just want them to grow the economy; we want them to grow the economy the right way. This programme will improve the economy, imp…

…the Bank of Industry, to make affordable credit available to manufacturers and small businesses. The industrialist argued that manufacturing, agriculture and trade remained the sectors with the greatest capacity to create jobs and should receive targeted policy support if the Federal Government hopes to achieve its amb…

…Government Area: Idemili NorthKnown for: Commerce and educationEconomic strength: Small businesses and professional servicesOraukwu is in Idemili North LGA and was initially called Ohaukwu. The hunter and adventurer migrated from the great Nri kingdom to Oraukwu around 1583 AD.Oraukwu town is under the administration o…

…grant that beneficiaries are not expected to repay. The funding is intended to give small businesses additional resources to strengthen their day-to-day operations, invest in growth and increase their workforce. However, the grant comes with a job creation condition. Businesses that benefit from the scheme are required…

…tax reforms, saying they were intended to protect low-income earners and small businesses while improving tax compliance among higher-income individuals and profitable companies. “The objective of the tax reforms is not merely to increase collections but to create a broader, more equitable tax system,”Onanuga said. Hig…

…regulatory decision ultimately affects millions of Nigerians, including households, small businesses, hospitals, schools, and manufacturers who depend on reliable electricity for their daily lives and livelihoods.Lagos to cancel old electricity debts for consumersLegit.ng earlier reported that the Lagos State Electrici…

…designed to boost productivity, expand employment opportunities and strengthen small businesses.The programme, organised by the Ministry of Wealth Creation and Employment, was flagged off at the STO Resource Centre, Debt Management Office, Alausa, Ikeja, according to MSME Africa.Nigerian State Begins 8-week Skills Trai…

…widespread fears of mass unemployment were misplaced. He also dismissed concerns that small businesses would be left behind, saying World Bank research showed that firms in developing countries, regardless of size, were increasingly capable of adopting AI technologies. He urged governments to prioritise predictive AI,…

…and MSMEs affected by the COVID-19 pandemic. This loan finances essential assets for small businesses.Maximum facility amount: N2,500,000.00Tenure: 3 yearsMoratorium: 6 months (grace period before repayment starts)There are two categories: application for household facility and application for SME facility. These loans…