Updates

Banks to close branches as recession bites hard

20/9/2016/Punch Oyetunji Abioye A number of Deposit Money Banks in the country will close many of what they described as unprofitable branches as the economic recession continues to bite harder, investigation by our correspondent has shown. It was similarly gathered that most of the banks would lay off hundreds of […]

UN Says Digital Payments Could Boost Tax Revenue by Nearly $500 Million Yearly, Drive Economic Modernisation in Tanzania

Findings illustrate how the private and public sector could work together to modernise economies, improve transparency and support financial inclusion and growth September 20, 2016/ Better Than Cash A new study from the United Nations-based Better Than Cash Alliance provides findings about the large potential gains for governments, businesses and […]

Oil discovery in Lagos State excites Dangote

20/9/2016/Dangote Group The recent discovery of oil in Lagos in commercial quantity has been described as a good omen for the development of the oil and gas industry which Dangote refinery will benefit from. Speaking in his office in Lagos during a visit by the leaders of the League of […]