Business

Nigeria, Ghana, Others Fail To Meet Criteria On Single Currency For West Africa

The inability of some countries within the West African Monetary Zone to meet up with the macroeconomic convergence criteria is currently threatening the take-off of the single currency regime for the sub region. The development was confirmed during the 37th meeting of the Committee of Governors of Central Banks of the West Africa Monetary Zone, …

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Nigeria, Africa Partnership With China Yields $5b Investment

President Mohammadu Buhari while in China on the forum on China-Africa Cooperation says that FOCAC has yielded over $5b investments into Nigeria’s growing economy. The declaration was made when the president visited Beijing to discuss on bilateral agreement with China whose economy is growing rapidly amid Africa’s participation in various investments. According to presidential Spokesman …

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The Role Of Medium And Small Scale Entrepreneur In A Developing Economy

The topic: The Role Of Medium And Small Scale Entrepreneur In A Developing Economy is very evergreen particularly now that our economy is let to apply this topic to the Nigerian situation. Entrepreneur is a word invented by Jean-Baptist Say in the year 1800. Jean-Baptist Say way a French economist. He described an entrepreneur as …

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SMEs Are The Bedrock Of Nations’ Economy

It may be a culture or inherited beliefs but the greatest thing to happen in a civilized country is focusing attention on the development of Small Scale Enterprises. Nigeria is facing an herculean task of inhibiting the promotion of medium enterprises, which is dated back to Babangida ere of Betterlife for Rural Drivellers established by …

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Diamond Bank Supports Budding Entrepreneurs

Despite the harsh business operating environment, Diamond Bank has reignited confidence in the Nigerian economy with the resolve to continually support its development using the micro, Small and Medium Enterprises for sustainable economic growth. In a practical demonstration of this, the bank in its Building Entrepreneurs Today (BET) initiative, gave N15 million grant to five …

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