Alex Stories: Bumpy Road to a cashless economy

Alex Stories: Bumpy Road to a cashless economy: "In a bid to fast track the transition from a cash to cashless economy, the Central Bank of Nigeria (C..."

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Unilever named most successful brand among FT500

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Unilever has been named as the most successful brand among the FT 500 for meeting its philanthropic goals, according to a recent study by Radley Yeldar. Unilever’s sustainability strategy was found to have made the biggest impact of all the companies listed in the FT 500 and the FTSE Eurofirst 100, having achieved the goals set out in its ‘making sustainable life commonplace’ mission statement. Radley Yeldar ranked the British-Dutch multinational consumer goods company number 1 on its Fit for Purpose Index 2015 which assesses and ranks companies based on how they live up to the altruistic promises set out in their brand purpose. The success of Unilever’s Bright Future project was the main driver behind its number 1 ranking. The ongoing initiative is a partnership with the WWF and promotes sustainable manufacturing of its products and a pledge of zero deforestation in doing so. In assessing the strength and impact of Unilever- whose brands include Dove and Dome...
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Bumpy Road to a cashless economy

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In a bid to fast track the transition from a cash to cashless economy, the Central Bank of Nigeria (CBN) recently announced a new policy on cash withdrawal limits which may have a profound effect on banking operations. Ikechukwu Eze and Alexander Chiejina x-ray this development and the challenges which may bog it down Kelechi Anaeke, Director, Kelly Computers owns a shop at the popular ‘Computer Village’ located at Ikeja, Lagos. Anaeke deals in all kinds of computer accessories, and supplies laptops as well as other telecommunication gadgets to clients from within and outside the state. His business is worth over a million naira, and is essentially cash-based. Like him, Rose Okoh, a baker, owns a shop at Oshodi, Lagos. Her business is worth several thousands of naira. But unlike Okafor who maintains a personal savings account with one of the banks at Ikeja, Okoh did not have any account until last month when a bank marketer convinced her on the ...
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Policy on healthcare waste management absent in Nigeria

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