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Chevron to sell stake in Nigerian oil blocks

An international oil company operating in Nigeria, Chevron, has announced its intention to divest its stakes in two shallow water oil blocks in the country. The company said on Tuesday the two oil...

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Bankers’ Committee to ease bond market operations

The Bankers’ Committee of the Central Bank of Nigeria on Tuesday agreed to remove all major impediments in the bond market, saying the move was necessary to facilitate the growth and development of...

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FG declares importation of mining equipment duty-free

Importation of equipment for mining of mineral deposits in the country is now duty free, the Minister of Mines and Steel Development, Mr. Musa Sada, has said. Sada said this at the Ministerial...

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FG, Netherlands to set up agro-industrial park

The Federal Government and the Netherlands have commenced plans to set up a Dutch agro-industrial park in Nigeria, in line with the determination of the current administration to create jobs, generate...

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Boroffice advocates patronage of satellite images

The Chairman, Senate Committee on Science and Technology, Prof. Robert Boroffice, has called on the Federal Government to make it an offence punishable by law for any government ministry, department or...

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ILO renews campaign against child labour

To mark this year’s World Day Against Child Labour, the International Labour Organisation has released a report on the plight of children, who are put to work in households. SIMON EJEMBI writes on...

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FG warns civil servants against private practice

Henceforth, with the exception of farming, any civil servant who engages in private practice to the detriment of their responsibilities in the civil service will be deemed to have committed misconduct...

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Coaching, crucial to human capacity development –Expert

Coaching has been described as crucial to human capacity development, because it is exceptional in its employment of real-world issues for an individual an organisation. The Chairman, Steering...

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Nigeria has a huge knowledge gap to fill – Charan

Dr. Ram Charan, a renowned business advisor, author and speaker, was in Nigeria for the MTN Leadership Seminar in Abuja and Lagos. He spoke to journalists in Lagos on Friday on how the country could be...

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Group advocates self-employment for graduates

The Counselling Ambassadors, a Lagos-based advocacy group, has urged graduates of tertiary institutions to seek avenues of creating jobs instead of scouting for paid employments. The Permanent...

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Nihinlola becomes BTS president

Dr. Ezekiel Nihinlola has been appointed as the President of theological and ministerial training institution, the Nigerian Baptist Theological Seminary. Prior to the appointment, Nihinlola was the...

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FG preaches employment generation by school leavers

The Minister of Education, Prof. Ruqayyatu Rufai, has restated the Federal Government’s desire to make Nigerians innovative and creative for self-employment after leaving school. Rufai said this Monday...

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Pet insurers pay £1.2m every day in claims

LONDON: Insurers are paying out £1.2m every day on pet insurance claims, according to figures from the Association of British Insurers. www.insurancetimes.co.uk reported on Wednessday that each year up...

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Customs partners Heritage Bank on revenue drive

The Nigeria Customs Service has appointed Heritage Bank as a designated customs duty collecting bank to strengthen the service’s renewed drive for improved revenue generation. A statement by the bank...

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FAAC meeting: Commissioners walk out on minister

The crisis rocking the Federation Accounts Allocation Committee over the sharing of revenue accruing to the three tiers of government assumed a new twist on Thursday as members staged a walkout on the...

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No nation can grow on food importation – Oshiomhole

Edo State Governor, Adams Oshiomhole, on Thursday, warned that the country must rely less on importation of food if it was desirous of making progress on the economic front. Receiving representatives...

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Skye Bank, Penya Barca in strategic partnership

As part of its corporate social responsibility programme, Skye Bank Plc is partnering with Penya Barca De Lagos Club, the official FCBarcelona Fans’ Club in Nigeria.  Speaking at the inauguration of...

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Margin lending: SEC approves 32 securities as collateral

The Securities and Exchange Commission has approved 32 securities as collaterals over which margin lending can be undertaken by investors. The list, which was published on the SEC website on Thursday,...

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Gannett to expand with $1.5bn Belo TV purchase

WASHINGTON: Gannett Company Incorporated, the largest United States newspaper chain, said it will pay $1.5bn for television company Belo Corporation, adding a stable of faster-growing TV assets that...

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Retail sales, jobs data show underlying economic strength

WASHINGTON: Retail sales rose more than expected in May and first-time applications for jobless benefits fell last week, showing signs of resilience in the economy despite belt-tightening in...

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