Business

Oyedele at UNGA: ‘Africa needs affordable capital to finance infrastructure’

Oyedele at UNGA: ‘Africa needs affordable capital to finance infrastructure’

The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has called for a major shift in the global approach to financing Africa’s development, urging the international community to make affordable, long-term capital available for infrastructure and energy projects across the continent. Oyedele, who made the call at the United Nations Dialogue […]
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Sterling Bank partners 9mobile, Solo Phone

Sterling Bank partners 9mobile, Solo Phone

IN order to ensure that more Nigerians enjoy the benefits of a digital eco-system that is mobile centric, Sterling Bank has partnered with telecommunications giants 9Mobile and Solo Phones to introduce a contract smartphone pre-bundled with mobile plans to new and existing customers of the Bank.

It is stressful to operate in the foam industry — Vitafoam GMD

It is stressful to operate in the foam industry — Vitafoam GMD

As a strategic move to boost our working capital and sustain competitive edge we secured a four-year N2 billion soft loan from the Bank of Industry (BOI) at concessionary interest rate. We could not go to the capital market because the market lacked liquidity due to the economic recession in the country then. Mind you, the market does not work in isolation. The economic situation affects the market. The option we had was to approach BOI as we could no longer cope with banks’ loans

VAIDS: Tax Whistle Blower set to expose defaulters  – Elamah, JTB boss

VAIDS: Tax Whistle Blower set to expose defaulters – Elamah, JTB boss

Barely two months to the end of the Voluntary Assets and Income Declaration Scheme (VAIDS), the Executive Secretary of the Joint Tax Board, Mr. Oseni Elamah, says the Federal Government is set to establish Tax Whistle Blower and warns that the tax authorities won’t respect political connections. Defaulters who fail to take advantage of the scheme, he insistes, would face sanctions, including criminal prosecution.

Lekki, Ikoyi toll tariffs go up

Lekki, Ikoyi toll tariffs go up

Following extensive consultations held with stakeholders in the Eti-Osa/Lekki-Epe Expressway of Lagos State, the Lekki Concession Company Limited (LCC), has announced a review in toll tariffs at the Admiralty Circle Toll Plaza and the Lekki-Ikoyi Link Bridge Toll Plaza with effect from Thursday, February 1, 2018.