Coy invests N100m in developing Lagos beach

Coy invests N100m in developing Lagos beach

The Managing Director, Elegushi Private Beach, Lekki, Mr Yusuf Elegushi, said that the company has injected more than N100 milllion in developing the beach to its present status. Elegushi told the News Agency of Nigeria (NAN) in Lagos that more funds would still be invested to make the beach an attractive centre to tourists from all over the world.
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NEXIM Bank seeks cooperation with Infrastructure Bank on project financing

NEXIM Bank seeks cooperation with Infrastructure Bank on project financing

The Nigerian Export Import Bank (NEXIM) has called for synergy between it and the Infrastructure Bank (IB) Plc. to support the Federal Government’s transformation agenda through project financing. Mr. Roberts Orya, NEXIM Bank’s Managing Director, made the call in Abuja when he led a delegation from the bank on a courtesy visit to the Managing Director of IB Plc., Mr. Adekunle Oyinloye.

Near Monopoly: Multichoice’s GOTV ambushes Startimes

Near Monopoly: Multichoice’s GOTV ambushes Startimes

Competition is good for businesses and it helps to grow the economy, and bring out the best in companies, as well as help create employment, but sometimes it has the tendency to breed monopoly. The entry of Multichoice and other pay-TV channels into the Nigeria pay television market was a welcome development.