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Army begins local production of tactical vehicles

The Nigerian Army says light tactical vehicles and other weapons being locally produced by its company, Nigerian Army Vehicle Manufacturing Company (NAVMC), will help in addressing Nigeria’s internal security challenges.

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NIPOST, Fidelity target 36.6m unbanked Nigerians with agency banking services

Over 37 per cent of Nige-rians, mostly in the rural areas, are said to be excluded from the formal banking sector. It is also estimated that only 60.5 per cent of adult population in Nigeria have access to financial services. The main reason for this is that it is not cost effective for banks to go to rural areas. For this reason, 40 per cent of bank branches are based in Lagos and the rest in other cities. 

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