Business Hilights

Tracking Nigeria's Headline Business News Online

MARKETS

Experts review hurdles facing MSMEs, Startups in Nigeria

As part of renewed efforts to diversify the economy as pursued by the present government, experts in business developments and operators are now giving ideas on how best to create jobs. Whereas the government seems carried away by what can…

Non-performing Loans in Nigeria’s Banking System gallops to 11.7%

Indications have emerged that Non-performing loans (NPL) in Nigeria’s banking system soared to more than double the limit set by the regulator as the industry struggles with an economic downturn. The ratio of non-performing loans to total credit rose to…

SMEs

#StartupSouth targets SS/SE youths for empowerment

Innovative thinkers wishing to leverage technology to solve problems have been encouraged to pitch your startup/idea before an audience comprising active early stage, seed and angel investors, potential customers and partners. #Startupsouth is the premier early business event connecting Startup…

Confusion in Imo over proposed N3,000 ‘strange’ tax on citizens by Govt

Palpable fears are currently disturbing Imo citizens both at home and outside the state as the State Government may have imposed what they described as unknown tax of N3,000 on every citizen irrespective of your place of residence monthly. Details…

GOVERNMENT INTERVENTION FUNDS FOR SMES AND ACCESS TO THEM

Money is a defense. Naturally, it is the livewire of any #business venture. Irrespective of whatever business line you want to venture into, as an #entrepreneur, without adequate financing, your business may just be a one-hit-wonder after all. SMES in…

Trade Fair Complex Not Listed As Ambode plans Lagos market tour

Whereas the Lagos State Governor, Mr. Akinwunmi Ambode, has concluded plans to visit mega markets around the state to interact with traders and obtain their views on his achievements, indications are rife that the largest market complex in the state,…

Full Text of President Muhammadu Buhari Independence Day Speech, Today October 1st, 2016

Today – 1st October is a day of celebration for us Nigerians. On this day, 56 years ago our people achieved the most important of all human desires – freedom and independence. We should all therefore give thanks and pray…

Can Stakeholders’ Stop NASS in passing CST Bill?

Certainly, the massive drop in oil revenue coupled with dearth of business enabling facilities have crippled government’s income base since the beginning of this administration. The development is now forcing government to scout for taxable entities in an economy that…