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Breaking News | ESP survival fund: More payroll support payments, MSME grants to commence this week - Vimarsana News

Breaking News | ESP survival fund: More payroll support payments, MSME grants to commence this week

265,425 beneficiaries under the Artisan and Transport Support tracks 172,129 business names registered free by CAC In furtherance of the Buhari administration’s support for small businesses during the COVID-19 pandemic under its Economic Sustainability Plan (ESP), payment would be made to the next batch of beneficiaries of the ESP Survival Fund’s Payroll support track and the one-off General MSME Grant of N50,000 as from this week. This is expected to increase the number of beneficiaries under the Payroll Support track, which has so far benefitted a total of 319,755 Nigerians, while 265,...

319,755 Nigerians benefitted from payroll support programme – Presidency - Vimarsana News

319,755 Nigerians benefitted from payroll support programme – Presidency

319,755 Nigerians benefitted from payroll support programme – Presidency On Kindly Share This Story: The presidency says 319,755 Nigerians have benefitted from the Economic Sustainability Plan’s Survival Fund Payroll Support (FSP). Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, disclosed this in a statement in Abuja. The one-off Micro, Small and Medium Enterprises (MSME) Grant of N50, 000, he said, will also begin within the week in furtherance of Federal Government’s support for small businesses during the COVID-19 pandemi...

ESP Survival Fund: FG Begins Payment to 500,000 Beneficiaries This Week - Vimarsana News

ESP Survival Fund: FG Begins Payment to 500,000 Beneficiaries This Week

The Federal Government will this week commence the payment of N50,000 to each of the other beneficiaries of its Economic Sustainability Plan (ESP)Survival Fund under which 500,000 Nigerians are to benefit. This is in furtherance of the President Muhammadu Buhari administration’s support for small businesses during the COVID-19 pandemic under its ESP Survival Fund’s Payroll support track and the one-off General MSME Grant. The Media Assistant to the Vice President, Laolu Akande, in a release on Sunday disclosed that the number of beneficiaries under the Payroll Support track, were 319,755 ...

American, Southwest, Alaska, Spirit Airlines Post Quarterly Results - Vimarsana News

American, Southwest, Alaska, Spirit Airlines Post Quarterly Results

Photo: Brandon Farris/Airways American Airlines American Airlines (AA) reported a first-quarter net loss of US$1.3 bn on a 53 percent dive in revenues (US$4 bn). However, excluding US$1.95 bn in special credits that included funding from the federal Payroll Support Program (PSP), the net loss was US$2.7 bn. The quarterly load factor was 59.5 percent. “We remain confident the network enhancements, customer-focused improvements and efficiency measures we’ve put into place will ensure American is well-positioned for the recovery.” AA incorporated more than US $1.3 bn of permanent cost redu...

Cargo, new passenger demand brighten United Airlines' outlook - Vimarsana News

Cargo, new passenger demand brighten United Airlines' outlook

Cargo, new passenger demand brighten United Airlines’ outlook Executives look past adjusted $2.4B Q1 loss as recovery picks up speed 0 35 2 minutes read United Airlines continues to reduce its negative cash flow, and sees breakeven in in its near future. (Photo: United Airlines) United Airlines (NASDAQ: UAL) increased cargo revenue by 74% in the first quarter compared to the same period in 2019, and officials expressed optimism about a near-term return to profitability despite an adjusted net loss of $2.4 billion as vaccinated customers rush to travel again after a year of isolati...