Nigeria was ranked 142 out of 144 countries on the index of diversion of public funds on the World Economic Forum Index of official corruption. These are partly borrowed funds earmarked for projects.
Honeywell’s new factory to increase capacity by 150 per cent
The company currently operates capacity of 48 per cent but the additional 125,00 metric tonnes to be generated on the completion of the factory by Q1, 2017 will increase capacity by 150 per cent.
Nigeria’s auto assemblers running glorified manufacturing plants
Oscar Odiboh called on the government to provide funding that would enable customers acquire brand new vehicles, noting that projected objectives may remain elusive unless there is market for brand new cars.
‘Infrastructure growth, others can unlock nation’s economic potential’
British Deputy High Commissioner, Laure Beaufils said Nigeria needed to develop in infrastructure and adopt right regulatory framework, policies and institutions to encourage continuity and attract new businesses.
Union Bank unveils 14 new branches
The recent development was greeted with excitement from customers of the bank, who expressed satisfaction with its ongoing transformation into a truly simpler and smarter bank.
First Bank celebrates corporate responsibility and sustainability week
The programme is a reflection of FirstBank’s brand promise to always put its customers first while it reinforces the Bank’s role in driving sustainable development in the communities where it operates.
United Bank for Africa wins big at Interswitch awards
UBA beat other nominees in its category, taking away the prize for the Fastest Growing Bank Partner given to the bank with the most impressive performance in Verve card issuance and the Payment Innovation Driver for Trade Finance.
“There is no leverage from her”
Dear Nimi, I have two close friends that are both expecting me to propose to them. But my confusion is that I don't really know which to go for. Let’s talk about them individually. Lady C is 24 years old and has been my friend for close to 4 years. She is from a very…
NTDC targets N1.56tr from tourism by 2025
If inherent potential is properly harnessed as a business and economic enterprise, tourism in Nigeria can grow up to 38 per cent and contribute as much as N1.56trillion by 2025, according to the Nigerian Tourism Development Corporation (NTDC).
SEC, NSE to tackle multiplicity of database in capital market
The Securities and Exchange Commission (SEC), has unfolded plans to complete the installation of a technology infrastructure portal that would enable it capture investors’ data forms for dematerialisation, e-dividend, and Direct Cash Settlement .....