Nigeria plans to more than double the contribution of manufacturing to its economy in the next three years through policy stimulus and investments, Trade and Investment Minister Olusegun Aganga said. “We will increase manufacturing from an abysmal 4 percent of the gross domestic product to over 10 percent by 2017,” […]
Tag: Nigeria
Bank workers live in fear as job losses continue
The wave of sacking that characterised the banking sector a couple of years back has not abated as the axes are dangling on more workers, ADEMOLA ALAWIYE writes Indications have emerged that more bank workers will lose their jobs in 2014 following cost-cutting measures about to be introduced by the […]
Nigeria’s Guaranty Bank steps up battle for Kenyan customers
Nigeria’s Guaranty Trust Bank will open its outlets over the weekend and even deliver cash at home for Kenyan depositors, its chief executive said, aiming to win market share in one of the toughest markets for foreigners in Africa. The bank, which is also listed in London, joins Nigerian lenders […]

