Co-op chairman quits over ex-bank boss drugs scandal
The chairman of Britain’s Co-operative Group resigned on Tuesday as a drugs scandal involving its former bank chairman raised questions over governance standards and the ethical credentials of the...
View ArticleAfrican airspace still the least safe – Odutola
The erstwhile Chief Executive Officer of the Nigerian College of Aviation Technology, Zaria, Mrs. Folashade Odutola, says sub-Sahara Africa, which includes Nigeria, has been consistently rated as the...
View ArticleUS stocks edge lower
United States stocks edged lower after the Dow briefly broke above a key level for a second day and shares of Best Buy dropped on worries about its margins, Reuters reported on Tuesday. Best Buy, one...
View ArticleManagement experts urge organisations to adopt behavioural economics
Experts have called on organisations to adopt behavioural economics to improve organisational performance by amplifying and optimising their interaction with customers and other stakeholders. Genesis...
View ArticleIFAC elects Owuama to its board
The International Federation of Accountants has elected a former President of the Institute of Chartered Accountants of Nigeria, Maj.-Gen. Sebastian Owuama (retd.) to serve on the board of IFAC. A...
View ArticleLaw enforcement agents get forensic training
Selected officers from various law enforcement agencies and senior officials from federal and state ministries of justice were recently trained on how to use forensics in ensuring national security....
View ArticleOkowa preaches integrity among youths
The Chairman, Senate Committee on Health, Dr. Ifeanyi Okowa, has urged Nigerian youths to imbibe the core values of integrity, professionalism and respect for diversity, if they must make meaningful...
View ArticleFG urges Nigerians to patronise locally-made goods
The 3rd Practical Nigerian Content Forum of the Nigerian Content Development and Monitoring Board commenced on Tuesday in Yenagoa, Bayelsa State, with the Federal Government emphasising the need for...
View ArticleNSE Index gains 0.53%
Equity trading activities on the Nigerian Stock Exchange closed on a positive note on Tuesday with major indicators. The NSE’s All-Share Index rose by 202.11 basis points or 0.53 per cent to close at...
View Article‘Power projects should raise economic growth to 10%’
Nigeria’s economy “could easily” grow at a rate of 10 per cent if the newly privatised power industry puts an end to daily electricity cuts, a former Chairman of Goldman Sachs Asset Management, Jim...
View ArticleToyota Hilux, Ford Ranger contest for utility market
Many new businesspeople, who have money to buy just one vehicle are likely to go for a pickup van, which is a utility ride. The vehicle, with its accommodating rear seats and versatile tray-backs, has...
View ArticleUS stocks halt two-day drop
United States stocks rose, halting a two-day drop for the Standard & Poor’s 500 Index, after the European Central Bank was said to weigh a negative deposit rate to help bolster the economy and...
View ArticlePower, oil facilities most vandalised utilities – Report
The most vandalised public properties in Nigeria are power equipment and oil and gas installations, a report by NOIPolls Limited has shown. The report indicated that there was a general level of apathy...
View ArticleQatar Airways to introduce new service
DOHA: A new non-stop flight between Edinburgh Airport and Doha in Qatar is to be introduced next year, the British Broadcasting Corporation reported on Wednesday. The service will be operated five days...
View ArticleExternal reserves drop to $44.84bn
Nigeria’s external reserves have dropped to $44.84bn, according to a latest Central Bank of Nigeria’s report. The reserves, which fell to the $44bn mark on November 8, had hovered on $44.9bn until...
View ArticleMainstream increases Jebba plant’s capacity to 450MW
The new owner of Jebba and Kainji Hydro Electric Power Plants, Mainstream Energy Solutions Limited, says it has increased generating capacity of the Jebba plant from 380megawatts to 450MW. The company,...
View ArticleOil firms hit jackpot offshore Lagos, suspend drilling
Afren Plc and its partners, Optimum Petroleum Development Limited and Lekoil Limited have suspended current drilling operations at the Ogo prospect located on the OPL 310 licence offshore Lagos. This...
View ArticleWe got $10bn loans for local contractors – OPTS
The Chairman, Oil Producers Trade Section of the Lagos Chamber of Commerce and Industry, Mr. Mark Ward, has said that international oil companies operating in the country under the aegis of OPTS have...
View Article‘Tracking illicit financial flows, solution to oil theft’
The Stop the Theft Campaign has said that tracking the illicit financial flows associated with oil theft is a critical tool in fighting and curbing the menace. The campaign spokesperson, Dr. Patrick...
View Article$3,000 fee: Charter flight operators suspend services indefinitely
Over 20 charter flight operators in the country have suspended their services indefinitely. The suspension was as a result of the $3,000 fee imposed by the Nigerian Airspace Management Agency on...
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