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Daily Archives: March 18, 2020

PEBEC: Shippers’ Council Wins Prestigious World Bank Award

PEBEC: Shippers’ Council Wins Prestigious World Bank Award

Nigerian Shippers’ Council (NSC) has won the World Bank 2019 Ease of Doing Business Ranking Award in recognition of its effort in driving Presidential Enabling Environment Council (PEBEC) overall reform initiatives in the port environment. The award, received by the ...

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IWD 2020: Nigerian Women Aren’t Second Class Citizens

IWD 2020: Nigerian Women Aren't Second Class Citizens

By Kenneth Jukpor As the world celebrated the International Women’s Day (IWD) last week, the Lagos Ports Complex (LPC) of Nigerian Ports Authority (NPA) held a strategic session for women, where the LPC Port Manager, Mrs. Olufunmilayo Olotu emphasized that ...

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Keystone Bank, LCCI partner to develop MSMEs

Keystone Bank Limited has said it is partnering the Lagos Chamber of Commerce and Industry to provide business consultancy services for the Micro, Small and Medium Enterprises in Lagos State to help small businesses grow. A statement quoted the Group Head, MSME & Value Chain Management of Keystone Bank, Helen Nwelle, as giving the indication at the launch of a programme in Lagos and assured the chamber of the bank’s steady support. She spoke in Lagos at the launch of the inaugural edition of the LCCI’s annual SME Support Centre. She stated, “Keystone Bank is an SME-centric bank focused on delivering tailored MSME value offerings and that has continually spurred our involvement in programmes such as these. “The SMEs are the bedrock of our economy and the LCCI SME Support Centre will provide a platform where the SMEs can meet seasoned consultants who will offer advisory services in areas of book keeping, capacity building, branding and digital marketing, to enable them to remain competitive in the current business climate.” Citing SMEDAN’s latest report, Nwelle said, “About 99 per cent of the SMEs are in the micro sector, which means a lot of them are unstructured, making it difficult for them to access finance from banks and other funders. “Therefore, this initiative will help empower the SMEs with the needed skills for book keeping and cash flow analysis to aid finance readiness.” According to a statement from the LCCI, the programme has the objective of introducing business consultancy services to the MSMEs as part of efforts to boost businesses of entrepreneurs in Lagos State and by extension, the rest of Nigeria.

Keystone Bank Limited has said it is partnering the Lagos Chamber of Commerce and Industry to provide business consultancy services for the Micro, Small and Medium Enterprises in Lagos State to help small businesses grow. A statement quoted the Group ...

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Reduce petrol pump price, suspend stamp duty, Atiku tells FG

Reduce petrol pump price, suspend stamp duty, Atiku tells FG

Former Vice President, Atiku Abubakar, on Tuesday, urged the Federal Government to reduce the price of petrol in line with the reduction in the landing cost of the product. He also called on the Federal Government to temporarily suspend stamp ...

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Oil drops to $28, dollar exchanges for N369

Oil drops to $28, dollar exchanges for N369

The price of Brent crude oil, the international benchmark, extended its decline on Tuesday, trading around $28 per barrel. Brent, against which Nigeria’s crude is priced, fell by $1.40 to $28.65 per barrel as of 8:15 pm Nigerian time on ...

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AfDB suspends two Nigerian companies for fraud

AfDB suspends two Nigerian companies for fraud

African Development Bank has debarred Beulah Universal Link Resources Limited and Bluestream Systems and Device Limited for fraudulent practices The two companies were registered in Nigeria, the bank said in a statement on Tuesday. The AfDB announced the debarment of ...

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