Business

Nigeria primed to be Africa’s industrial powerhouse— Ex-UNIDO DG

Nigeria primed to be Africa’s industrial powerhouse— Ex-UNIDO DG

By Yinka Kolawole A former Director-General of the United Nations Industrial Development Organisation (UNIDO), Dr Kandeh Yumkella, has said Nigeria has the essential foundations to become Africa’s industrial powerhouse but must translate its huge market, natural resources and entrepreneurial capacity into competitive production and exports. Yumkella, who identified Nigeria’s financial depth and strategic position within […]
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China Devt Bank, UBA sign $100m facility for African SMEs

China Devt Bank, UBA sign $100m facility for African SMEs

United Bank for Africa (UBA) Plc, and China Development Bank (CDB), the world’s largest development finance institution, yesterday  announced the signing of a $100 million seven-year loan agreement to finance the development of small and medium enterprises (SMEs) in Africa.

Good news for pensioners under CPS, by Takor

Good news for pensioners under CPS, by Takor

CheerY news came to pensioners who are on Programmed Withdrawal under the Contributory Pension Scheme managed by Pension Fund Administrators (PFAs) as the year 2017 came to an end.