CBN intervention fund: Dismantling roadblocks for SMES
As at February this year, only N40.3 billion out of the N220 billion Micro, Small and Medium Enterprises Development Fund (MSMED) launched by President Goodluck Jonathan in 2014 had been…
PwC fingers Nigeria’s automotive industry for big investment
Nigeria’s automotive industry that has been largely import dependent has been fingered as new investment area that would attract investors for local production and assembling. With the country’s huge population…
Nigeria needs urgent steps to deal with its unemployment crisis
Nigeria is facing a youth unemployment crisis. This problem affects the daily lives and long-term futures of 5 to 12 million youth who are currently unable to find work to…
Diaspora Nigerians in long queues for BVN
Diaspora Nigerians with existing bank accounts in Nigerian banks have been subjected to rigorous queues and long processes in order to enroll for the compulsory bank verification number (BVN) as…
Ember month purchases : How not to risk your money
The ember months are here again and in the usual characteristics of the season, we are always tempted to buy and buy. And incidentally, we find that prices of goods…
Project management as a tool to stop waste, fraud and abuse (3)
The budgetary process for both capital and recurrent expenditures is comprehensive and the final cost baseline must be closely followed to the letter during execution. Any changes to the budget…
Experts decry Nigerian industries huge dependence on foreign technologies
Experts have raised concerns over local industries’ continued near total dependence on foreign technological input, particularly at a time that the Nigerian government is desperately looking for ways to boost…
Africa’s biggest economy defying currency critics chokes growth
Nigeria’s economy is growing at the slowest pace this decade as oil prices drop. Companies are complaining they can’t get the dollars they need to do business. And trading in…
Discontent brews in business circles over MTN’s outsized fine
Nigeria’s already beleaguered business and finance leaders caught up in one of the world’s most unfriendly business environments, according to the World Bank annual ranking, are waking up to a…