The federal government faces an uphill task to pull the economy out of recession as the third quarter gross domestic product growth rate gives a faint hope of quick recovery When the National Bureau of Statistics, NBS, announced its report of the gross domestic product, GDP, growth rate for the second quarter of 2016, which…
Financial Inclusion Is Our Goal – Ade Ayeyemi
Financial Inclusion Is Our Goal – Ade Ayeyemi, Group Chief Executive Officer, Eco Bank, What is Ecobank’s overall vision and new strategy to increase its customer base? Our goal is to create an Ecobank that serves as a leader not only in the market but a leader that solves problems that face our customers, ensures financial inclusion…
BIG Cola Wins African Brands Leadership Merit Awards 2016
Big Cola, a brand of Ajeast Nigeria, a subsidiary of the AJE Group worldwide, has won the prestigious award for ‘Africa’s Fastest Growing Premium Soft Drink Brand of The Year 2016’. The African Brand Leadership Merit Awards is an annual fiesta that celebrates brands excellence, Africa. Organized by the Institute of Brand Management of Nigeria, IBMN, the award celebrates Leadership, Innovation, and Creativity in Africa. It…
Dangote on the March Again
Aliko Dangote, president and chief executive officer, CEO, Dangote Industries Limited, DIL, is forever looking for new business opportunities both within and outside the country. He recently signed a memorandum of understanding, MOU, with VDMA (The German Engineering Federation) in Lagos. Joachim Gauck, president of the Federal Republic of Germany, was on hand just as…
Angst of A Bank Customer
Sos Chifiero, a natural healthcare consultant is up in arms against Ecobank Nigeria Plc over $19, 300 For six months, Sos Chifiero, a doctor and natural healthcare consultant based in Warri, Delta State, has been battling to get Ecobank Nigeria Plc to pay him a judgment fee of $4, 306. 85 and $15, 000…
Dangote Hosts US Secretary of Commerce
Penny Pritzker, the secretary of commerce, United States, US, was hosted to a private dinner by Aliko Dangote, president, Dangote Group, Aliko Dangote in Lagos on Monday.
Okonjo-Iweala Says Taxes Needed For Infrastructure Development
Ngozi Okonjo-Iweala, minister of finance and coordinating minister for the economy, said at a stakeholders’ forum on Non-oil Tax Revenue Capacity Enhancement Programme, this morning in Lagos that the recent Gross Domestic Product, GDP, rebasing exercise showed Nigeria as a more diversified economy than many people thought. The minister made this known at the forum…
Rallying Against Subsidy Scam
A coalition of human rights activists and non-governmental organisations has taken up the gauntlet to enforce the recovery of various huge sums of money diverted from the Federation Account It is a rare collaboration but one that has the common good of Nigerians as its sole objective. Femi Falana, fiery Lagos lawyer and counsel to…
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