The United Bank for Africa (UBA) Plc has said it was given impressive ratings by two leading rating agencies- Global Credit Rating Company (GCR) and Fitch Ratings (Fitch). A statement from the bank at the weekend said the ratings attested to the group’s strong liquidity, solid risk management and robust […]
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World Bank Chides Nigeria, Others over Poor Statistics
The World Bank has decried the quality and relevance of data from Nigeria and other African countries, which it described as largely obsolete. The bank’s Director, Department of Economic Policy and Poverty Reduction Programmes, Africa, Mr. Marcelo Giugale, stated this in a report e-mailed to THISDAY at the weekend. He […]
Obstacles on the path to effective cash-less policy
One year after the commencement of the cash-less policy in Lagos, stakeholders say the initiative is still faced with many problems, ADEMOLA ALAWIYE writes The cash-less policy started in Lagos on January 1, 2012, with the aim of promoting the use of electronic means of transactions and making the country […]
