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Unions to down tools over removal of wage issues from constitution

Unions to down tools over removal of wage issues from constitution

By Sylvester Enoghase  / Senior Correspondent   The Association of Senior Civil Servants of Nigeria (ASCSN) on Wednesday declared to join other affiliates of the Trade Union Congress (TUC) and the…

NSE Market Cap gains N111.258b

NSE Market Cap gains N111.258b

By Bamidele Ogunwusi  /  Correspondent, Lagos   Trading on the floor of The Nigerian Stock Exchange (NSE) sustained bullish trend on Wednesday when both indicators closed in the positive territory, …

We will recover all our debts – Unity Bank CEO

We will recover all our debts – Unity Bank CEO

The Managing director of Unity bank, Mr.Henry Sementari has disclosed that the bank remained committed to recovering all its debt from debtors, stating that it was determined to explore legal…

Six oil firms quizzed over N2.4b tax liabilities

Six oil firms quizzed over N2.4b tax liabilities

By David Agba / Senior Correspondent, Abuja   For failing to remit tax revenue amounting to N2.4 billion, the Federal Inland Revenue Service (FIRS) in two-day tax enforcement drive, has quizzed…

Court orders BGL to pay First Bank N1.4b

Court orders BGL to pay First Bank N1.4b

By Tunde Opeseitan  /  Snr Correspondent, Lagos   A Federal High Court in Lagos has entered N1.407 billion judgment against BGL Plc in favour of First Bank of Nigeria Plc.…

NCAA DG yet to take over three weeks after confirmation

By Abel Orukpe / Correspondent, Lagos   There are indications that all may not be well at Nigerian Civil Aviation Authority (NCAA) over the delay in handing over to the substantive…

Dangote seeks foreign investments

Dangote seeks foreign investments

President of Dangote Group and the richest man in Africa, Aliko Dangote has described Africa as a blessed country with numerous natural resources. He said What Africa needs now is…

Workers’ welfare: Has labour lost the plot?

Workers’ welfare: Has labour lost the plot?

Labour Unions in modern day nation states have the prime objective of enhancing and protecting the social and economic welfare of the working class, who invariably constitute, by far, the…

Brokers warned over risk advisor role

Brokers warned over risk advisor role

By Sola Alabadan  / Senior Correspondent   In order to remain competitive, the insurance brokers will need to take on more of a risk advisor role in the market, a new…

CBN clarifies directive on verification number

CBN clarifies directive on verification number

• Says banks to enroll 40% customers before December By Andy Nssien Business Editor   All deposit money banks (DMBs) operating in the country are required to enroll at least…

NERC seeks consumers’ support on erring discos

NERC seeks consumers’ support on erring discos

By Obas Esiedesa Senior Reporter, Abuja   The Nigerian Electricity Regulatory Commission (NERC) Tuesday said it needs information from electricity consumers in order to sanction erring distribution companies in the…

NSE Index up 0.29 per cent

By Bamidele Ogunwusi Correspondent, Lagos   Trading on the floor of The Nigerian Stock Exchange (NSE), which rebounded on Monday, continued the trend on Tuesday when both indicators closed in…

Custodian bags CFI’s award

UK-based Capital Finance International (CFI) has given Custodian and Allied Insurance Limited an award as the “Most Innovative Insurance Company in Nigeria 2014”. CFI’s multinational panel of judges comprising renowned…

SMEs as engine of growth

By Sylvester Enoghase  / Senior Correspondent   While the debate around the Sustainable Development Goals (SDGs) beyond 2015 is intensifying, the recent inauguration of Micro, Small and Medium Enterprises (MSMEs) Council…

NHIS re-certifies GNI healthcare

Following the decision of the National Health Insurance Scheme (NHIS) to build a new responsive and responsible scheme, the services of PricewaterhouseCoopers was sought to reassess fairly and credibly, the…

12 insurers fail to submit 2013 financials

With about two months to the end of 2014, 12 out of the 59 insurance companies in Nigeria are yet to submit their 2013 International Financial Reporting Standards (IFRS) based…

PEN 2014 to gather Nigeria’s largest mobile ecosystem

The maiden edition of Phone Expo Nigeria 2014 (PEN 2014), four unique series of co-located events scheduled to hold in Lagos, is planned to be the largest annual gathering of…

Chevron backs human capacity development in Nigeria

Chevron backs human capacity development in Nigeria

Chevron Nigeria Limited (CNL) has reinstated its commitment in the development of human capital which is urgently required  for the development of all the sectors of Nigerian economy, the Managing…

Jonathan, Johnson, Juwah, others bag ICT Centenary Awards

Jonathan, Johnson, Juwah, others bag ICT Centenary Awards

President Goodluck Ebele Jonathan and other prominent Nigerians who have contributed in upping the ante of the ICT industry as the greatest driver of the Nigerian economy, within the century,…

FG not banned pomo consumption – Adesina

FG not banned pomo consumption – Adesina

By Chibuzor Emejor  / Correspondent, Abuja   Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, announced on Monday that the Federal Government has not banned the consumption of pomo in…

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