In several news reports, World
Bank President David Malpass was recently quoted as saying some Multilateral
Development Banks, including the African Development Ban, have a tendency to
lend too quickly and in the process, add to the continent’s debt problems.
Download Document:
http://bit.ly/3btFgKW
Transnational Corporation of
Nigeria Plc (Transcorp) has announced significant appointments to its Board and
Executive Management. Transcorp is Nigeria’s leading listed industrial holding
company, whose interests include Transcorp Power, Nigeria’s largest power
generator, Transcorp Hotels, owner of the iconic Transcorp Hilton, and
significant upstream oil and gas assets.
A major player in the Consumer
Goods sector, NASCON Allied Industries, recorded an increase in its total
assets while maintaining an enhanced installed capapcity, according to an
unaudited fourth quarter results released on the floor of the Nigerian Stock Exchange
(NSE).
The unaudited fourth...
In the spirit of camaraderie that
is conversant with its philosophy of “We’re good together”, Africa’s leading
Information and Communications Technology (ICT) company, MTN Nigeria, has
appreciated its trade partners for their alliance at an event tagged Y’ello
Partners Appreciation Day (YPAD).
The series...
Governor of Lagos state, Babajide
Olusola Sanwo-Olu has described as “exciting” the decision of the Dangote Group
to site its petroleum, fertilizer and petrochemical company in Lagos. The
governor said the decision is to the advantage of the state and will lead to
real growth and development...
The Bank head pledged to continue the work of
transforming Nigeria’s agriculture sector
African Development Bank President Akinwumi Adesina reminded students
of the important role they have to play in the continent’s economic
development, as he was conferred with an honorary doctorate in...
As part of efforts to draw attention to the
economic opportunities in some of Nigeria’s industrial clusters and grow the
Made in Nigeria mindset, Ford Foundation and a group of experts and
industrialists have come together to organize and sponsors an investment summit
for Nnewi the manufacturing...
The Chairman, United Bank for Africa (UBA), and Founder, Tony Elumelu Foundation, Tony Elumelu has advocated massive private capital investment as well as increased support to youth development as catalysts for driving the much needed economic growth on the continent.
Elumelu said this while...
