Nigeria _ like other parts of the world _ lacks many appropriate accessibility provisions for the general population. This is a problem which affects many people both in their daily lives and also as tourists.Read More
HIGHER food import tariffs aimed at protecting local producers â€” and new export taxes on primary produce aimed at boosting local manufacture â€” are on the cards, judging by a confidential Department of Trade and Industry (DTI) document.Read More
Governor, Central Bank of Nigeria (CBN), Malam Lamido Sanusi, has said that the on-going reform in the banking industry will enhance the global competitiveness of Nigerian banks.Read More
Following its negative impact on the nationâ€™s financial system, an expert in the Nigerian capital market, Mr. Amaeze Olisaemeka, has blamed the Central Bank of Nigeria (CBN)for the high number of dormant accounts and the numerous irregularities associated with it.Read More
THE Board of Directors of Ecobank Transnational Incorporated (ETI) has named Mr. Kolapo Lawson as its new chairman. The decision was made at the 135th meeting of the Board, held in Lome , Togo on the 28th of September, 2009.Read More
Guaranty Trust Bank (GTBank) Plc has warned its customers against divulging their personal data to any person order than the bank.
According to a statement by the bank, â€œOur attention has been drawn to mails being sent out by fraudsters, requesting for such sensitive information as Internet Banking Account and ATM Card Details. Some of these mails also request that customers update their account records by clicking on links to fake Internet banking and Interswitch websites.â€
J.P. Morgan Chase, Prudential Financial Inc., Citigroup and Deutsche Bank are set to form a new coalition that will create reporting and investing standards in the microfinance sector.Read More
The Ministry of Commerce and Industry, has announced plans to conduct a National Census of Industries and Businesses in the country next year.Read More
Local manufacturers have faulted the new gas price regime of N58.70 per. scm by local gas companies and suppliers, saying it will escalate their operating costs and make their products uncompetitive.Read More
The Standard Organisation of Nigeria (SON) has advocated for a review of the criminal law.
SON Director General, Dr. John Akanya, who made the call, while receiving a delegation of the Port Industry Anti-Corruption Standing Committee (PIACSC), led by the Chairman, Mr. Val Usifoh, asserted that the review become necessary in order to have more stringent punishments for importers of substandard goods and their collaborators as the current provisions in the constitution have become inadequate to serve as deterrent to offenders.