FINANCE AND INVESTMENT

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$217bn Stolen from Nigeria in 38 Years – EFCC

$217bn Stolen from Nigeria in 38 Years – EFCC

Nigeria’s anti-graft body, Economic and Financial Crimes Commission (EFCC) has said it recorded illicit financial outflows of $217.7bn between 1970 and 2008. Speaking at a conference organised by Online Publishers Association of Nigeria (OPAN) with the theme: “Free press and objective reporting in the 2019 election year,” the Acting Chairman […]

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Nigeria’s rising debt signals danger for economy - NECA

Nigeria’s rising debt signals danger for its economy – NECA

The Director-General of Nigeria Employers’ Consultative Association (NECA) Mr. Timothy Olawale, has said that the country’s mounting debt burden is worrisome and could have negative effects on the development of the economy. Speaking in Lagos on Tuesday, Olawale expressed fears that about 25 per cent of the 2019 budget of […]

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access diamond merger

MERGER: Access Bank and Diamond Bank await final shareholder approval

Access Bank and Diamond Bank are awaiting final approval from the shareholders to cement their merger plans.  Both financial institutions expected to complete the transaction in the first quarter of 2018. Access Bank Plc and Diamond Bank Plc are merging to create Nigeria’s largest bank by customer size and capital base. […]

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7 Distress Signs Your Business is Failing, how to turn it around

7 Distress Signs Your Business is Failing, how to turn it around

Running a business may not necessarily mean you are successful at it. Of course, everyone wants to succeed but no one wants a bad start. However, few businesses pack up without sending warning signals to the owner, meaning that very many show these warnings before going belly up. Here are […]

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