Category: Business

Corruption across EU ‘breathtaking’ – EU Commission

The extent of corruption in Europe is “breathtaking” and it costs the EU economy at least 120bn Euros (£99bn) annually, the European Commission says. EU Home Affairs Commissioner, Cecilia Malmstroem, has presented a full report…

Why Nigeria’s development is slow – UN agency

UNIDO plans to help Nigeria diversify its economy The United Nation Industrial Development Organisation, UNIDO, on Thursday attributed Nigeria’s slow paced development to inconsistency in the country’s industrial policy. UNIDO is a specialised agency of the United Nations…

Sanusi says he’ll not resign

The Central Bank of Nigeria (CBN) Governor Sanusi Lamido Sanusi will not leave until June 2 when his five-year tenure expires, it was learnt yesterday. Sanusi, who became estranged from the Presidency because of his…