Press Release Lagos; 12/08/2012: United Bank for Africa Plc is pleased to announce the appointment of Mrs. Rose Ada Okwechime and Mrs. Owanari Duke to the Group board. The appointments, made at a meeting of the Board of Directors held on July 13, 2012, bring to four the number […]
Author: InvestAdvocate
World Bank Exposes Corruption In Nigerian Business Climate …Says 80% Of Businesses Pay Bribes
The report of a World Bank study (conducted in 26 states) released on Monday has indicated that about 80 per cent of businesses in the country paid bribes to government officials in 2011 to stay in business. According to the report, World Bank’s 2011 report on investment climate in Nigeria, […]
Bank customers welcome new policy on cheque clearance
Following the commencement of cheque truncation policy in Lagos banks, customers have endorsed the policy. They said it was a laudable initiative by the Central Bank of Nigeria. Some banks’ customers, who spoke with our correspondent on Monday at various banks, said the development would reduce delay in getting value […]
