…returns, the conspirators used the stolen identities to file fraudulent claims with the Small Business Administration's Economic Injury Disaster Loan program. The conspirators were able to obtain at least an additional approximately $819,000 in fraudulent payouts. In addition, Amachukwu took part in a fraud scheme in w…
…shared prosperity through food security, job creation, human development and support for small businesses. (NAN) The post Fitch upgrades Nigeria’s outlook to positive, affirms ‘B’ rating appeared first on Vanguard News.
…for millions of Nigerians the grid doesn’t reach: homes, hospitals, schools, farms and small businesses. Local production is growing, but it can’t yet meet that demand in volume or price. A ban now would have raised costs, stalled projects and put the progress of the last decade at risk.” Ademilua’s comments highlight…
…also advocated reliable energy as an important enabler of education, healthcare, small businesses and industrial development. He proposed the development of renewable-energy-powered microgrids across the state's 177 wards, saying such infrastructure could provide electricity for schools, health centres, workshops and s…
…an insult to millions of Nigerian families who can no longer afford basic necessities, small businesses struggling to survive and transporters who have been crippled by the astronomical cost of fuel.” The ADC-PCC also praised its presidential candidate, Atiku Abubakar, for his continued criticism of the Federal Governm…
…plans to expand cash transfers for vulnerable households and direct credit support for small businesses. The rollout of compressed natural gas for transport operators would be accelerated, with operators expected to pass savings on to commuters.The minister said operators who exploit consumers could face sanctions, wit…
…to cushion the effect of higher fuel prices. It will also provide subsidised credit to small businesses and consumers. 6. Faster rollout of CNG vehicles The government said it would accelerate the deployment of compressed natural gas vehicles across the country. It said federal and state governments would support the r…
…being pursued to make the system fairer, reduce the burden on low-income earners and small businesses, and strengthen enterprise. On education, the Senate President highlighted the Nigerian Education Loan Fund as an intervention aimed at ensuring that financial circumstances did not determine the future of young Nigeri…
…financial inclusion, promote digital financial services and enhance the capacity of small businesses to access formal credit,” Obegolu said. He also called for increased financing for agriculture, manufacturing, trade, technology and export-oriented businesses, noting that high operating costs and limited access to cap…
…that the new reign would usher in greater development in education, healthcare and small businesses, which he described as sustainable antidotes to growing youth criminality. The governor, who described Opobo as one of the most peaceful local government areas in the state, charged the new king to maintain zero toleranc…
…path to operate nationwideThe indigenous telecom company, which traced its roots to a small business centre in 1998, went through years of setbacks before reviving its push for a full licenceTelecom and economic experts weighed in on what STN's entry could mean for competition and pricing in Nigeria's telecoms marketPA…
…and formal workplaces. Construction sites, workshops, domestic workplaces and other small businesses can be just as important to the fight against child labour. Cross-border workers are not inherently a child protection problem. Regional mobility is an established part of West Africa’s economic system and remains impor…
…economist urged lenders to expand direct financing for manufacturers, agriculture and small businessesPAY ATTENTION: Find it fast with our new search feature at Legit.ng! Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.Five Nigerian lender…
…in March now costs between ₦60,000 and ₦70,000.For restaurants, food vendors and other small businesses, the increases raise the cost of preparing meals. Households buying smaller quantities also face a larger bill for the same ingredient.However, bag sizes and onion varieties differ, meaning the percentage increase is…
…to do. We will make sure they go back to farm. “We will make sure they go back to small businesses. We will support them and tell them the bad effects of drugs.” The former governor of Anambra further decried what he described as a high drug prevalence rate in Nigeria. He said the country lacks adequate laws against dr…
…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…