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Nigeria
Government uncovers business loan scam
Ifeanyi Onuba, Abuja A faceless group that goes about defrauding entrepreneurs under the guise of assisting them with loans has been exposed. The Federal Ministry of Industry, Trade and Investment, which alerted business owners to the scam on Thursday, said the fraudsters were using the name and email claimed to ...
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Nigeria
Police, firms build 40,000 houses for officers, others
Okechukwu Nnodim, Abuja The Nigeria Police Force, in partnership with two indigenous property development companies, has commenced the construction of 40,000 housing units for officers and other interested persons across the country. Parties involved in the project stated that the first phase of the mass housing scheme, consisting of 200 ...
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Nigeria
Nigeria must address infrastructure deficit to attract investment —Experts
Anna Okon Marketing Communications experts have maintained that in order to attract foreign direct investment, Nigeria needs to address the huge infrastructure deficit in the country. They stated this in their various presentations during the second edition of BRANDish Meeting of Minds in Lagos. They argued that the country was ...
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Nigeria
Holistic education’ll curb corruption –Don
Samuel Awoyinfa, Abeokuta The Deputy Vice-Chancellor, Administration, Babcock University, Ilishan-Remo, Ogun State, Prof. Sunday Owolabi, has identified integrity, honesty, citizenship, transparency, moral uprightness, business ethics and respect for rule of law as some of the ingredients needed to curb corruption among Nigerians. The don noted this as a guest speaker ...
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Nigeria
No more room for excuses, Osinbajo tells ministers
Acting President Yemi Osinbajo has said the Muhammadu Buhari administration will no longer accept excuses that suggest that delivering sustainable socio-economic development to Nigerians is not attainable. He spoke yesterday at the Cabinet Retreat on the Economic Recovery Growth Plan (ERGP) and the 2018 Budget preparation at the State House, Abuja. ...
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Nigeria
Banks set aside N26b for small businesses, agric
There is good news for small businesses and farmers. They can draw from the N26 billion Agriculture and SMEs Fund, it was announced yesterday. Union Bank Managing Director Mr Emeka Emuwa broke the news in Abuja at the end of the Bankers Committee meeting. He said the board of the ...
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Nigeria
‘Economy out of recession since June’
The Bankers Committee of the Central Bank of Nigeria and other financial institutions yesterday said the economy may have come out of recession as far back as the second quarter of 2017. Addressing reporters at the end of the Bankers Committee meeting in Abuja yesterday, CBN’s Director, Banking Supervision Mr. ...
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Nigeria
Gates Foundation’s $10 million to support fortified foods initiative
Strengthening African Processors of Fortified Foods (SAPFF), a four-year initiative to support local food processors in producing more fortified foods to combat malnutrition was launched yesterday in Lagos by the Minister of Trade and Investment Okechukwu Enelamah. The Bill & Melinda Gates Foundation (BMGF) is supporting the SAPFF project with ...
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USA
Delek expected to unveil new buyer for Phoenix
The anti-concentration law requires Delek to sell its controlling interest.
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Italia
Commercio estero, Scalfarotto: "ottime notizie per export italiano"
(Teleborsa) - "Ci sono ottime notizie che emergono dai dati export dell'Italia". E questo il commento del Sottosegretario di Stato allo sviluppo economico Ivan Scalfarotto che commenta il...