SMEs: ECCIMA urges CBN to intervene in high interest rate by commercial banks

The Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) has appealed to the Central Bank Nigeria (CBN) to intervene in the high interest rate charged by the commercial banks. The President of ECCIMA, Rev. Ugochukwu Chime, made the appeal on Saturday while speaking with the News Agency of Nigeria (NAN) at the 28th edition……

NDIC Warns Nigerians Against Investing Money Online

NDIC Warns Nigerians Against Investing Money Online The Nigeria Deposit Insurance Corporation (NDIC) has warned Nigerians against  investing their money in online and block-chain currencies schemes. Its Managing Director, Alhaji Umaru Ibrahim, gave the warning at a special day of the corporation at the ongoing 2007 Enugu International Trade Fair on Thursday. Umaru, who was…

ECCIMA raises alarm, says Nigeria in depression  

Unless the federal government urgently empanels a crack economic team, Nigeria’s economy may be finally grounded any moment from now. This was the conclusion of the Enugu State Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) which said Wednesday, that “The economy is gradually being plunged into a depression, contrary to claims making the rounds…

Economy no longer in recession but depression – ECCIMA tells FG

The Enugu State Chamber of Commerce, Industry, Mines and Agriculture, ECCIMA, has criticized the Federal Government’s handling of the economy, revealing that Nigeria has already plunged into depression contrary to the claims of recession making the rounds in government circles. Noting that the prevailing situation where families can no longer afford one square meal is…