As Nigeria approaches its 64th Independence Day, the Federal Government has praised the country’s 25 years of uninterrupted democracy, describing it as a symbol of Nigerians’ commitment to sustaining freedom and liberty. At a World Press Briefing in Abuja, Minister of Information and National Orientation, Mohammed Idris, reflected on Nigeria’s resilience, noting its transformation into … Read more
The IMF supports Nigeria’s central bank’s policy to unify exchange rates, allowing market forces to determine the rate. The new policy ensures that certain requests will still be processed through the Investors and Exporters (I&E) window. All forms of exchange rate segmentation are abolished, and the “Willing Buyer, Willing Seller” model will be reintroduced at … Read more
2023: We’re In A Critical But Hopeful Situation – Peter Obi EKO HOT BLOG reports that the Presidential Candidate of the Labour Party in the 2023 election, Peter Obi, is of the opinion that Nigeria might be in a very critical position at the moment, however, all hope is far from lost. At … Read more
SMEs The Chancellor, Gregory University, Uturu (GUU), Prof. Greg Ibe, has advised the Federal Government to give concessions and rebate to Small and Medium Enterprises (SMEs) as part of economic stimulus package. Ibe gave the advice when the leadership of Correspondents Chapel, Nigeria Union of Journalists, Abia Council, visited him in his country home in … Read more
Borno State Governor, Babagana Umara Zulum has disbursed N32 million cash to 704 small and medium-sized enterprises (SMEs), bringing to N154 million the amount given by the governor in the last one week, to boost small businesses, stimulate the local economy and fight poverty. Distribution took place along Damboa road where 304 persons in small … Read more
Empowerment Mr Owolabi Adele, Chairman Apapa Local Government Area in Lagos State has offered N20 million empowerment grant to 200 Small and Medium Enterprises (SMEs) to mark 1,250 days in office. Adele, at the cheque presentation on Wednesday, said that five million naira was given to 100 SMEs at N50,000 each. Read Also: BREAKING: FG … Read more
The importance of Small and Medium Scale Enterprises (SMEs) to the growth of the economy was re-emphasised at the Fourth FATE Foundation Annual Alumni Conference held in Lagos. Speaking at the event on the theme: “Innovating for Scale”, Deputy Governor of Lagos State, Dr. Kadri Obafemi Hamzat, assured the organisers that current administration is committed … Read more