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, […]
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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 […]
Manchester United float fails to fly in the Big Apple
By Jim Armitage Saturday, 11 August 2012 Manchester United’s share price failed to electrify investors last night on their first day of trading, despite being launched at a massive discount. And, speaking shortly after ringing the bell at the New York Stock Exchange, chief executive David Gill even had to […]
