FG sets to formalize 1m businesses across Nigeria

The federal government has announced plans to formalize one million businesses across Nigeria at a discounted rate. Vice President Kashim Shettima disclosed yesterday when he launched the Expanded National MSME Clinic in Makurdi, the Benue State capital, marking the first stop on a nationwide journey to empower small and medium-sized businesses by breaking down barriers […]

CBN disburses $61m to foreign airlines to settle mature foreign exchange backlog

The Central Bank of Nigeria (CBN), says it has disbursed 61.64 million dollars to foreign airlines through various Deposit Money Banks (DMBs). According to a statement issued by its Acting Director, Corporate Communications, Mrs Hakama Sidi-Ali in Abuja on Sunday, the disbursement is in fulfilment of CBN’s commitment to eliminate the backlog of pending matured […]