Business

FG reiterates commitment to MSMEs funding

In an effort to consolidate on the gains recorded in the Micros Small and Medium Enterprises (MSMEs) space in the past few years, the Federal Government has said it would continue to support innovation and interventions to boost the growth…

Analysts forecast 15.4% inflation rate

Analysts at Financial Derivatives Limited (FDC) Limited have forecasted 15.4 per cent inflation rate. The National Bureau of Statistic (NBS) is likely to release its December inflation data next week. According to analysts “Based on our survey and regression model,…

Financial expert tasks FG on 2021 budget

A financial expert, Mr Okechukwu Unegbu, has urged the Federal Government to use the 2021 budget to address fundamental economic dislocations in order to hasten the country’s exit from recession. Unegbu, a former Managing Director of the defunct Citizens International…

Conoil Plc: Weak revenue impacts on profits in Q3

By Kayode Tokede Conoil Plc in its unaudited third quarter (Q3) ended September 2020 reported poor performance as key financial parameters recorded decline. The decline in revenue impacted on the petroleum marketing company profits in the period. The management was…