BRANCH networks in premier business districts, traditionally believed to measure the stature of financial providers, are being replaced with internet banking, payment apps and short-code banking. Technology has enabled non-traditional financial players upend branch networks typically dominated by large financial providers; with newer, nimbler entrants such as Interswitch and Paystack processing more online transactions than Nigeria’s biggest banks.
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infrastructure
NIQS praises govt on tax for infrastructure
The Nigerian Institution of Quantity Surveyors (NIQS) has praised the Federal Government for signing the Executive Order No. 007 of 2019. The order has to do with Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme. The Executive Order number 007 is aimed at enabling private companies to build infrastructure such as roads in the […] …
Infrastructure: Era Of FG’s Absence In States Is Over, Says Fashola
Dangote Hails FG Over New Executive Order Allowing Companies To Build Roads
Jerry Gana Asks FG To Decentralise Infrastructure Management
The presidential candidate of the Social Democratic Party (SDP), Professor Jerry Gana, has called for decentralisation of the management of the nation’s infrastructure. He said this during an interview on Roadmap 2019, a special political programme which airs Mondays on Channels Television. Professor Gana stressed that Nigeria’s infrastructure needs cannot be
Senate confirms Buhari’s INEC nominee
Nigeria spends N2.7tn on infrastructure
FG should use reserves to reduce borrowing
Professor Akpan Ekpo, an economist and former director general of the West African Institute for Financial and Economic Management (WAIFEM), believes that the Federal Government does not need any tutorials from the World Bank or International monetary Fund (IMF) on how to handle the external reserves. Nigeria to grow by 1.9% due to fewer disruptions […]
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2019 budget: FG earmarks N8.7bn for suspended national carrier
A number of stakeholders in the aviation industry had lauded the government for suspending the national carrier project… Louis Ibah and Isaac Anumihe, Abuja The controversy over some of the Federal Government allocations in the 2019 budget continues to mount as Nigerians yesterday raised queries over its decision to earmark a whopping N8.7 billion for […]
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Power, infrastructure should take centre stage
Members of the Organised Private Sector (OPS) contended with the typical constraints of the business environment in 2018. The high interest rate, weak GDP growth, dearth of infrastructure, particularly power supply, among others, resulted in high production cost and slowed down the manufacturing sector’s capacity utilisation. But, operators are optimistic of a better outing in […] …