Expert seeks bailout for agric sector
An expert in Agric business, Mr. Iretioluwa Oniyide, has suggested an investment of $2bn in the agricultural sector to achieve the Federal Government’s commitment to food security. He said the...
View ArticleNo development without manufacturing — RMRDC
Nigeria may not advance in development if it fails to improve its manufacturing sector, the Raw Materials Research and Development Council, has said. Manufacturing, according to the council, is the...
View ArticleLate budgeting shouldn’t affect insurance premium payment – Osijo
President, Nigerian Council of Registered Insurance Brokers, Mrs. Laide Osijo, says the sector is now more proactive and contributing to government policies and programmes. She spoke with NIKE...
View ArticleAt 50, Aiico restates commitment to mission
Aiico Insurance Plc, has said that as it plans to mark its 50 years of doing insurance business in the country. It has also said it will continue to retain the brand name that it has built through good...
View ArticleExpert urges celebrities to take insurance cover
General Secretary, Association of Registered Insurance Agents of Nigerian, Mr. Gbadebo Olamerun, has urged celebrities to take insurance covers for the benefits of their families. In a statement on...
View ArticleSovereign Trust makes new appointment
Sovereign Trust Insurance Plc has engaged the services of a seasoned human resource manager to strengthen its human resource capacity. In a statement on Friday, the firm said the appointment would...
View Article40 % of Nigerians lack insurance knowledge – Soladoye
The Managing Director and Chief Executive Officer, Riskguard Africa, Nigeria Limited, a pension and insurance consulting firm, Mr. Yemi Soladoye, has said that 40 per cent of Nigerians lack any...
View ArticleUS concern on Chinese currency fades
After years of grabbing the spotlight in United States-China economic relations, US concerns over the value of Beijing’s currency appear to be fading, giving ground to newer issues like cyber-security...
View ArticleNYSE prepares disaster backup plan
The New York Stock Exchange is readying plans to be able to operate without human traders in case another disaster, such as Superstorm Sandy, forces the shutdown of its historic trading floor in...
View Article‘Germany must not let France break EU fiscal pact’
Chancellor Angela Merkel’s junior coalition partner said on Sunday Germany must not allow France to break the European Union’s debt rules and it warned the European Central Bank against buying up...
View ArticleCentury Aluminum takes power issue to Kentucky lawmakers
Kentucky State lawmakers are set to decide whether to let the United States aluminum producer Century Aluminum Company buy power on the open market in its bid to save its money-losing smelter in the...
View ArticleIran blocks access to govt Internet filter
Iranian authorities have blocked the use of most “virtual private networks”, a tool that many Iranians use to get around an extensive government Internet filter, Iranian media quoted an official as...
View ArticleTim Cook may testify in Apple e-books case
Apple Incorporated’s Chief Executive Officer Tim Cook could be deposed in the government’s lawsuit against the company over alleged price-setting in the e-book market, Reuters reported on Sunday. In a...
View ArticleEU chiefs seek to stave off Euro crisis
European leaders grappling with political deadlock in Italy and spiraling unemployment in France will turn to a financial rescue for Cyprus in an effort to stave off a return of market turmoil over the...
View ArticleRetail sales in US advance for fourth month
Sales at United States retailers probably rose in February for the fourth consecutive month as an improved job market and stronger household finances helped consumers adjust to a higher payroll tax,...
View ArticleMotorola mobility cuts 1,200 jobs amidst restructuring
Google’s Motorola Mobility Unit has said it is cutting 1,200 jobs, or more than 10 per cent of its workforce. BBC reports that it follows a 4,000 jobs cut last August as Google aims to turn around the...
View ArticleUS budget’ll slow annual spending growth – Ryan
House Budget Committee Chairman, Mr. Paul Ryan, said his 2014 budget proposal to balance the government’s books in a decade assumes the repeal of Democratic President Barack Obama’s health-care law and...
View ArticleChina exports beat forecasts on strong US demand
Chinese exports rose more than expected in February, adding to optimism over a recovery in its economy. BBC reports that shipments jumped by 21.8 per cent from a year earlier, boosted by strong demand...
View Article‘Norway oil wealth fund made big gains in 2012’
Norway’s oil fund, one of the biggest investors in the world, rose in value by 13.4 per cent last year, its second-best performance ever. The central bank said the fund’s investments in shares jumped...
View Article521 Barclays, RBS workers earn £1m-plus
A total of 428 employees of Barclays and 93 at RBS earned more than £1m last year, the banks have disclosed. BBC.com reports that five members of staff were paid more than £5m, the Barclays said, but...
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