Duties of banks to customers
Let’s begin a treatise on basic banker-customer relationship with a peep into the obligations or duties of banks to their customers. First, you must know that the duties of a bank towards the customer...
View ArticleOil thieves frustrate efforts to curb $7bn revenue loss
Crude oil theft, which is denying Nigeria about $7bn in revenue annually, has shown no sign of easing despite stakeholders’ efforts to stop it. In view of its effects on revenue generation and budget...
View ArticleNotebook computer shipment from ODMs drops
Contract manufacturers of notebook computers suffered a worse-than-expected first quarter after shipments to clients like Apple Incorporated and Hewlett-Packard Company tumbled to the lowest level in...
View ArticleEngineering academy advocates use of local resources
The Nigerian Academy of Engineering has urged professionals, especially those in the oil and gas sector, to increase the use of local resources. The body, which made the call during its annual lecture...
View ArticleSA Insurance MD bags award
Managing Director and Chief Executive Officer, Standard Alliance Insurance Plc, a member-company of Standard Alliance Group, Mr. Tom Imokhai, has bagged an honorary doctorate degree award. It was...
View ArticleGoogle develops Android videogame console
Google Incorporated is developing a videogame console and a wristwatch based on its Android operating system, according to a report in the Wall Street Journal. The devices could be available as soon as...
View ArticleACE to stop using basis of contract clauses
ACE European Group will no longer include basis of contract clauses in new and renewed business, with the exception of marine policies that operate under the Marine Insurance Act,...
View ArticleNigerian cities growing at alarming rate –Expert
A professor of Urban and Regional Planning at Ahmadu Bello University, Zaria, Mohammed Yunusa, has said that Nigerian towns and cities are growing at an alarming rate in number and size with...
View ArticleE-PPAN , CBN, others target increased cash-less adoption
The E-Payment Providers Association of Nigeria, with the support of industry stakeholders, including Interswitch Nigeria Limited, SecureID Nigeria Limited and the Central Bank of Nigeria, is making...
View ArticleNigeria has only 4% forest cover – Asiodu
The President, Nigerian Conservation Foundation and a former Chief Economic Adviser to the President, Chief Philip Asiodu, has said Nigeria has continually degraded its environment, a situation that...
View ArticleStakeholders seek legislation to regulate facility management
Stakeholders in the facility management sector are seeking legislation to regulate the practice of the profession. At the Nigerian Facility Management Roundtable held in Lagos on Thursday to...
View ArticleStop posting engineering graduates to schools – COREN
The Council for the Regulation of Engineering in Nigeria has urged the government to stop using engineering graduates from tertiary institutions as teachers in secondary schools during their compulsory...
View ArticleSoftware products must be attractive to investors — Adegoke
Rasheed Adegoke is the Group Head, Information Technology at First Bank of Nigeria Plc. In this interview with STANLEY OPARA, he speaks on the initiative of the Federal Government to train software...
View ArticleNew department aims to address problematic pension system
One of the major highlights of a bill to repeal the Pension Reform Act, 2004 and replace it with a new legislation is the merger of the old and new pension schemes by the Pension Transitional...
View ArticleHFP boss lauds LASG for developing Lekki/Epe axis
The Group Managing Director, HFP Engineering Nigeria Limited, Mr. Dele Martins, has expressed gratitude to the Lagos State Government for opening up the Lekki/Epe axis and facilitating residential,...
View ArticleAIICO woos travellers with premium discount
AIICO Insurance Plc has said it is offering discounted rate to members of the public on its travel insurance policy this summer season. In a statement on Friday, the firm said the offer was in line...
View ArticleSenate promises to focus on affordable housing
The Vice – Chairman, Senate Committee on Housing and Urban Development, Senator Gbenga Ashafa, has assured Nigerians that efforts are being made to develop the country’s construction industry with...
View ArticleSenate promises to focus on affordable housing
The Vice Chairman, Senate Committee on Housing and Urban Development, Senator Gbenga Ashafa, has assured Nigerians that efforts are being made to develop the country’s construction industry with...
View ArticleElectricity: Obama pledges $7bn to Nigeria, others
Nigeria has been named among seven African nations that will benefit from a $7bn intervention fund pledged by the United States President Barack Obama for the upgrade of power supply in sub Saharan...
View ArticleSenate dumps 2013 budget amendment, gets revised version
The Senate has received a revised version of the 2013 Appropriation (Amendment) Bill after discarding the earlier one submitted by President Goodluck Jonathan. The development is coming after the House...
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