Latest news from Nigeria on Nigeriaa2z.com. catch up with A-Z news and information from Africa’s most populous country in West Africa via our teams in Kaduna, Warri, Lagos, Abuja and Kano.
Poverty is abhorred all over the world and so microcredit loans are often used to increase financial development. Nigeria, with over 70 per cent of its population living below the poverty line, has many microfinance institutions. In this report, HAUWA ...
One of the several approaches to build brand equity is from the consumer based perspective. The key objective is to explore creative avenues to consistently engage the consumers. This is done by having positive associations in the mind of the consu...
On April 4, 2011 an investment fund advised by Citi Venture Capital International (CVCI) completed an investment in Zenith Bank Plc. The transaction involved a purchase of shares from existing shareholders. CVCI was established in 2001 as part of C...
The credit monitoring climate in Nigeria is set to improve significantly as commercial banks are turning to credible credit bureau for their services. CR Services (Credit Bureau) Plc, a credit bureau company in Nigeria, said this week that it has ...
The Africa Finance Corporation (AFC) has formalised a strategic partnership with the Infrastructure Development Finance Company Limited (IDFC), through the signing of a Memorandum of Understanding (MoU) between the AFC and IDFC Capital Limited (IDF...
The direct cost of cash to the financial system may balloon to nearly N200 billion next year, unless efforts are made to reduce cash transactions in the economy. The cost was less than N50 billion in 2008. Director, currency operations department o...
The Central Bank of Nigeria needs to urgently resolve outstanding issues in the financial sector so that the sector can actively play its intermediation role in the economy. The chairman of UAC Nigeria Plc, Udoma Udoma, at the company’s annual genera...
The number of people with Internet access in Nigeria could triple over the next two years, mirroring the explosion in mobile phone usage in Africa’s most populous nation, an industry executive said on Wednesday. Funke Opeke, chief executive of the Ma...
A new subsidy regime for the electricity sector would come into operation next year, as part of efforts to step up electricity generation and improve distribution nationwide. Bolanle Onagoruwa, director general of the Bureau for Public Enterprises, w...
The holidays are almost here. With all the excitement of deciding where to go and what to do, it is so easy to overspend. Whilst we don't want you to be a scrooge, here are a few ways to manage your holiday finances and still have lots of fun. Plan ...
Osita Izunaso, the senator representing Imo West under the platform of the Peoples Democratic Party (PDP) may be on his way to joining the All Progressive Grand Alliance (APGA) where he hopes to have another shot at the Senate in 2015. Mr Izunaso who was defeated by Hope Uzodinma for the Imo West seat under the PDP, is believed to…
The leader of the Oodua People’s Congress (OPC), Frederick Fasehun, has called on the present administration, led by the Peoples Democratic Party (PDP), to ensure that the position of Speaker of the House of Representatives remained with the South West. According to Mr Fasehun, anything contrary to this would be short-changing the Yoruba. “We hate to think that the Yoruba…
The Action Congress of Nigeria (ACN) in Ondo State and its candidate for Owo constituency I in the state House of Assembly, Ogunoye Folashade have levelled charges of alleged certificate forgery against the Labour Party (LP) legislator-elect in the area, Samuel Arowele. This was contained in a petition they submitted to the Ondo State Election petitions tribunal. Counsel to the…
No fewer than 61 persons have been arrested and tried by the Mobile Court sitting in Afuze in Owan East Council Area of Edo State over sanitation offences. Braimah Abdulsalami, the Head, Environmental Department of the Council, disclosed this on Monday in Afuze, Edo, while inspecting the refuse dumps at Warake community. Mr Abdulsalami said that 30 of the people…
The Academic Staff Union of Universities (ASUU) on Monday advocated a review of the remuneration of elected public office holders which, according to the body, was "a pathway to solving Nigeria's sociopolitical predicament". Addressing a news conference at the end of its two-day national executive council meeting at Ahmadu Bello University (ABU), Zaria, the association's president, Ukachukwu Awuzie, described the…