NDIC reassures Heritage Bank depositors of prompt payment

NDIC reassures Heritage Bank depositors of prompt payment

The Nigeria Deposit Insurance Corporation (NDIC) has assured depositors of the defunct Heritage Bank that challenges delaying access to guaranteed sums above N5 million are being resolved. Bello Hassan, Managing Director, NDIC, gave the reassurance on Saturday during the 2024 edition of the NDIC Editors Forum in Lagos. The theme of the conference is: “Strengthening … Read more

Low oil production threatens 2024 budgeted revenue

Low oil production threatens 2024 budgeted revenue

The Nigerian government has said its ability to achieve the 2024 budgeted revenue step-up of 77.4 per cent from 2023 is at risk should oil production remain 27.0 per cent below budgetary provisions. The government disclosed this in a draft copy report of the Accelerated Stabilisation and Advancement Plan (ASAP) presented to President Bola Tinubu … Read more

TVS Motor Co: TVS Motor Co starts operations in Italy

TVS Motor Co: TVS Motor Co starts operations in Italy

TVS Motor Company Ltd on Wednesday said it has started its operations in Italy with plans to introduce a range of both conventional as well as electric scooters and motorcycles. The company is expanding its operations in Italy via its branch office, TVS Motor Italia, headed by Giovanni Notarbartolo di Furnari, TVS Motor Co said … Read more

What You Need to Know About the Corporate Transparency Act

What You Need to Know About the Corporate Transparency Act

Opinions expressed by Entrepreneur contributors are their own. Starting earlier this year, many U.S.-based businesses must report information to the Financial Crimes Enforcement Network (FinCEN) about who owns or controls their company — a requirement outlined in the Corporate Transparency Act (CTA) enacted by Congress in 2021 to prevent illegal activities by anonymously-owned entities. This … Read more

This Critical Mistake Is Slowing Down Your Operations — But There’s 1 Simple Tool You Can Use to Change That.

This Critical Mistake Is Slowing Down Your Operations — But There’s 1 Simple Tool You Can Use to Change That.

Opinions expressed by Entrepreneur contributors are their own. Picture this: you’re a business leader at the helm of a thriving company. Your days are packed with making critical decisions, steering your team toward success and ensuring customer satisfaction. Amidst this, the last thing you want is for your purchase-to-pay (P2P) process to become a bottleneck … Read more

How I Turned My Business’ Fast Growth Into Sustainable Growth

How I Turned My Business’ Fast Growth Into Sustainable Growth

Opinions expressed by Entrepreneur contributors are their own. Companies often face the most unexpected issues when it comes to growth: The very success that propels them forward can also become their greatest challenge. Rapid growth, while indicative of a business’s vitality, can present complexities requiring business owners to take notice of. I aim to help … Read more