‘Despite challenges, Africa’s rising narrative is sustainable’
EY said the Africa’s ‘rising narrative’, which was premised on assessed economic potentials in the continent is sustainable, as there are remarkable positive trends in the last few years. While noting that uncertainties, which affect growth projections exist, it pointed out that Nigeria’s political trajectory, alongside other African economies, has become watershed in the region’s…
Firm Seeks Govt Intervention In Aluminum Sector, Explains Growth Strategy
A FRONTLINE pioneer aluminum extrusion company, Nigerian Aluminum Extrusions Limited (NIGALEX) has unfolded strategies to boost its operation, reinforce its competitive edge and put the company on the path of greater profitability.
CSR: Chinese Consulate, Firms Collaborate To Revamp Lagos School
AS part of its corporate social responsibility project and towards fostering better relations between Nigeria and China, the Chinese Consulate in Lagos in collaboration with China Civil Engineering Construction Corporation (CCECC) and other Chinese firms in Nigeria has rehabilitated a block of six classrooms at Satellite Junior Secondary School, Satellite Town, Lagos
Fayose to commission Sterling Bank’s e-Library project
The Executive Governor of Ekiti State, Ayodele Fayose will on Wednesday commission the e-library built by Sterling Bank Plc for the College of Education, Ikere-Ekiti, Ekiti State.
Standard Chartered leads $1.2b NNPC-Chevron’s JV financing
Standard Chartered, the parent company of Standard Chartered Bank of Nigeria has brokered a $1.2 billion Joint Venture (JV) funding for the Nigerian National Petroleum Corporation (NNPC) and Chevron, which has a 60-40 per cent interest in the project respectively.
Group Welcomes Call For Stronger Trade Ties With China
THE Goods Made-in-China Importers Association (GMIA) has expressed delight with the recent call by the Chinese President, Mr. Xi Jinping for better cooperation with Nigeria on trade and investment.
‘How AAIC 2015 Will Impact On Africa Businesses’
ORGANISER’s of the Africa Australia Infrastructure Conference (AAIC) have announced speakers for this year’s edition of the event, which will hold from November 16 to 17 at the Melbourne Convention and Exhibition Centre, Victoria, Australia.
Lead Capital seeks new plan for foreign exchange concerns
To end the lingering foreign exchange (forex) pressures, which has hit hard on the economy, Lead Capital Plc has prescribed a deliberate strategy by authorities to move Nigeria out of the present mono-product “trap” by developing other potential sources of forex earnings.
AMSCO canvasses entrepreneurship-based development strategy
The African Management Services Company (AMSCO) said there are great opportunities to boost private sector contributions to the growth agenda of the country through enterprise development.
Don links poor risk management, governance to banking challenges
Poor management of risks, non adherence to corporate governance and regulatory issues have been identified as prime factors that have led to banks’ failure in Nigeria, which also lingers till now.
‘Compliance critical to sustainability in banking’
The sustainability of the banking industry may have been hinged on strict adherence to compliance principles in line with the global best practices. The Managing Director of Ecobank Nigeria Limited, Jibril Aku, who made the observation, explained that every activity in banking operations have a link to compliance principles because there are set standards, which…