NLC decries poor safety standards in workplaces
The Vice-President, Nigeria Labour Congress, Issa Aremu, has called on employers of labour in Nigeria to adhere to health and safety standards in their workplaces. In an interview with our...
View ArticleHonda showcases 9th generation Civic
The Honda Place Nigeria has unveiled the ninth-generation Honda Civic in Lagos. It was recently face-lifted to incorporate upscale features such as sleek, energetic and aerodynamic design. Head of...
View Article‘New Enugu airport terminal’ll be ready next year’
Minister of Aviation, Ms. Stella Oduah, has said the new Enugu International Airport Terminal will be completed by December 2014. She said the project, which would include a terminal for perishables,...
View ArticleNumber portability: Telecoms subscribers complain of poor services
A month into the Mobile Number Portability scheme introduced by the Nigerian Communications Commission, telecoms subscribers in the country are still complaining of poor quality services from their...
View ArticleInvestment in oil, gas free zones now N900bn
The existing Oil and Gas Free Trade Zones have attracted over 150 companies into the country and N900bn ($6bn) worth of investments, the Oil and Gas Free Trade Zone Authority has said. The Managing...
View ArticlePower projects: FG to access $500m AfDB loan
The Federal Government on Tuesday said it had activated a $500m African Development Bank loan to boost power infrastructure in the country. It said the loan would serve as an intervention fund in the...
View ArticleEtisalat signs $1.2bn deal with Zenith, FBN, others
Emerging Markets Telecommunications Services Limited, trading under the name of Etisalat Nigeria, has signed a $1.2bn medium-term syndicated loan facility agreement with Zenith Bank Plc, Guaranty Trust...
View ArticleFG to tackle unemployment with graduate entrepreneurship scheme
As part of proactive measures aimed at tackling graduate unemployment across the country, the Ministry of Industry, Trade and Investment has inaugurated the University Entrepreneurship Development...
View ArticleWorld Bank reviews $5.4bn investments in Nigeria
The World Bank on Tuesday began a review of its investments and activities worth $5.4bn in Nigeria. The investments are in 26 projects and involve 200 entities across the country. Speaking at the...
View ArticleOgun introduces cash-less policy in hospitals
In an effort to ensure financial transparency in the health sector, the Ogun State Government has introduced the cash-less policy in all hospitals owned by it. The Permanent Secretary in the state...
View ArticleJonathan orders MDAs to complete abandoned projects
The Minister of Water Resources, Mrs. Sarah Ochekpe, on Tuesday said President Goodluck Jonathan had ordered all ministries, departments and agencies of the Federal Government to resuscitate and...
View ArticleAnalysts predict inflation’ll remain below 9% in 2013
Financial analysts have said inflation rate will remain in single digit throughout 2013, pointing out that forecast projects the rate to be below nine per cent for the remaining period of the year....
View ArticleDollar resumes rise against yen
The dollar rose against the yen on Tuesday after a Japanese minister clarified remarks about the yen’s drop, but many awaited the Federal Reserve chief’s testimony before adding to bets on a stronger...
View ArticleFIRS projects 12% increase in tax revenue
The Federal Inland Revenue Service has said it plans to generate a total of N5.6tn from taxes this year. The Acting Executive Chairman, FIRS, Mr. Kabir Mashi, said at a stakeholders’ workshop to review...
View ArticleFirst Bank upgrades IT infrastructure
First Bank of Nigeria Limited has said it is currently upgrading its IT infrastructure to enhance service delivery and provide specialised financial solutions to all customer segments. A statement by...
View ArticleJang calls for re-evaluation of accountancy practice
Plateau State Governor Jonah Jang has called for a re-examination of the practice of accountancy to check the growing cases of corruption in the country. Jang spoke in Jos on Tuesday at the second...
View ArticleFord plans to shut Australian production by 2016
AUSTRALIA: United States car giant Ford Motor will shut all its Australian manufacturing plants by October 2016, after more than 85 years of making vehicles in the country. About 1,200 workers are...
View ArticleFrench court questions IMF chief, Christine Lagarde
PARIS: IMF chief Christine Lagarde has arrived at a court in Paris for questioning over a payout to a controversial tycoon during her time as finance minister. She is being asked to explain her...
View ArticleRevised charges: Banks record fall in revenue
Indications have emerged that Deposit Money Banks in the country have started experiencing drastic drop in their revenue due to the cancellation of some charges and the downward review of others. Our...
View ArticleUK’s FTSE suffers biggest single drop
Britain’s FTSE 100 share index suffered its biggest one-day drop in a year on Thursday, knocked off historic peaks by weak economic data and signs the United States Federal Reserve could soon taper its...
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