Lawal vows to pursue professionalism at CIIN
The newly inaugurated President of the Chartered Insurance Institute of Nigeria, Mr. Fatai Lawal, has said the enthronement of professionalism in the sector will be top of his agenda. While delivering...
View ArticleChina orders firms to curb pollution
The Chinese government has ordered firms in heavy-polluting industries to cut emissions by 30 per cent by 2017. The British Broadcasting Corporation reported that under the new rules companies will be...
View ArticleFERMA engages SURE-P beneficiaries for road maintenance
The Federal Road Maintenance Agency in Ekiti State has recruited over 100 beneficiaries of the Subsidy Re-Investment Programme to participate in its road maintenance works. The Executive Director,...
View ArticleNokia extends mail exchange to Asha smartphones
Global phone manufacturer, Nokia Nigeria, has announced that users of the Nokia Asha 311, 310, 309 and 308 can now send and receive office electronic mails from the comfort of their mobile phones,...
View ArticleUS stocks decline on data
United States stocks fell on Friday and the dollar was headed for its worst week in almost four years against the yen as investors worried major central banks may soon start withdrawing stimulus and...
View ArticleCinven to buy CeramTec for €1.49bn
Cinven Limited has agreed to buy CeramTec for €1.49bn, beating rival private equity firm BC Partners Limited in bidding for the Germany-based industrial ceramics unit of United States chemicals maker...
View ArticleTown planners urged to promote best practices
The Chairman, Nigerian Institute of Town Planners, Lagos Chapter, Mr. Ayo Adediran, has urged town planning practitioners to reposition themselves in order to promote the practice of the profession....
View ArticleReps disagree with RMAFC on budget defence procedure
The House of Representatives on Sunday kicked against a proposal by the Revenue Mobilisation Allocation and Fiscal Commission that a single official should appear before the National Assembly to defend...
View ArticleInflation rate dropped to 9% in May —NBS
The National Bureau of Statistics on Sunday released the Consumer Price Index for the Month of May, saying the country’s inflation rate now stood at nine per cent. The NBS, in the report signed by the...
View ArticlePower outage disrupts flights at Abuja airport
A power outage that lasted for over two hours on Sunday left hundreds of passengers stranded at the Nnamdi Azikiwe International Airport, Abuja. Our correspondent gathered that the outage and the...
View ArticleUN commends Galaxy Backbone for e-Government initiative
The United Nations Public Service Awards for 2013 has recognised the role of Galaxy Backbone Limited in driving electronic governance in various institutions of government. Galaxy Backbone’s...
View ArticleEmerging stocks advance
Emerging-market stocks rose a second day, led by Russian shares, as investors awaited this week’s Federal Reserve policy meeting. Turkey’s lira slumped after riot police stepped up their crackdown on...
View ArticleChampion Breweries to raise fresh funds
Champion Breweries Plc has announced plans to increase its capital base by raising fresh funds. The firm said it was part of its restructuring programme aimed at ensuring that the ailing company was...
View ArticlePopulation explosion, threat to food security – FG
Nigeria’s increasing population poses some threat to the nation’s food security and economy, the Federal Government has said. This was disclosed by the Minister of Science and Technology, Prof. Ita...
View ArticleAkintola Williams Deloitte increases investment in Nigeria
Akintola Williams Deloitte has announced the formation of an integrated practice across Africa with Nigeria playing a strategic role in the new growth process. A statement by the firm on Friday said...
View ArticleFG pays N56.8bn petrol subsidy claims to marketers
The Federal Government has released fresh N56.80bn as subsidy claims to oil marketers. The payment was confirmed by the Minister of Finance, Dr. Ngozi Okonjo-Iweala, on Monday in Abuja. The minister,...
View ArticleFidelity Bank rewards customers with cars
Fidelity Bank Plc has rewarded customers who emerged winners in its ongoing 25th anniversary savings promo. At the fifth mega draw, which was held in Abuja on Thursday, the bank rewarded customers with...
View ArticleInactive telephone lines now 44.6 million – NCC
The number of inactive telephone lines in the telecommunications industry stood at 44,647,096 in the first quarter of the year. In the monthly subscriber data posted on the website of the Nigerian...
View ArticleUBA emerges best bank in agriculture support
United Bank for Africa Plc has been named the best bank in support of agriculture in the country in recognition of its immense contribution to the growth of Nigeria‘s agricultural sector and value...
View Article‘Agricultural earnings increased by N759bn in 2012’
The country’s earnings from agriculture increased by N759bn last year, the Federal Government has said. It said agricultural exports also increased by 821,588 metric tonnes, while imports were reduced...
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