All posts by admin

• Minimum Wage: Governors Consider Staggered Payment

  Governors are considering the option of a staggered payment of the N18,000 minimum wage to their workers to douse the tension already generated by the National Minimum Wage Act, Bauchi State Governor, Malam Isa Yuguda, has said....

  • Posted July 19, 2011
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  UBA restructures into a holding company, announces key appointments

  United Bank for Africa Plc (UBA) on Monday announced steps to reorganise its operations into a Holding Company following the approvals-in-principle from the Central Bank of Nigeria (CBN) and the bank’s board, and is aimed at strengthening...

  • Posted July 19, 2011
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  Master Secret of Influence in Leadership

  Editor’s note: This guest post is written by Ayo Fadumiye, Principal Consultant, LEADERSHIP edge Consult. You can  find Ayo on Facebook, Twitter, Email and Skype I welcome you to this life changing and thought provoking column packaged to help you to discover,...

  • Posted July 18, 2011
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  PENGASSAN threatens strike over minimum wage

  Nigeria’s senior oil workers’ union PENGASSAN said it would join a three-day strike this week, including shutting down oil and gas installations, after it said the government and private sector employers failed to implement a minimum wage...

  • Posted July 18, 2011
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  Nigeria Surpassed Iran as OPEC Second-Largest Exporter

  Nigeria, Africa’s top oil producer, surpassed Iran as the Organization of Petroleum Exporting Countries’ second-largest exporter in 2010 as security improved in the African nation and as Iran used more crude at home. Nigeria shipped 2.464 million...

  • Posted July 18, 2011
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  Greek oil tanker hijacked off Nigerian coast

  Armed men hijacked a Greek oil tanker off the coast of Nigeria at the weekend and took the 20 crew-members hostage, Greek port police told AFP on Monday. “We learned today (Monday) that the oil tanker ‘Aegean...

  • Posted July 18, 2011
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• Procter and Gamble Launches Oral-B Pro-Health Toothpaste in Nigeria

  The manufacturing company Procter and Gamble introduced Oral-B Pro-Health toothpaste in Nigeria. The product was launched after a 15 years research, which assured it beneficial to users. The Managing Director, Procter and Gamble, Nigeria, Mr. Manoj Kumar...

  • Posted July 18, 2011
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  CBN Extends Credit Guarantee for 3 Banks

  Nigeria’s central bank extended its inter-bank credit guarantee for three bailed out banks until the end of December, according to its notice published today in Lagos-based Punch newspaper. The guarantees for Intercontinental Bank Plc, Union Bank Plc...

  • Posted July 18, 2011
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• ICAN offers to assist FG prepare budgets

  The Institute of Chartered Accountants of Nigeria, ICAN, Abuja Chapter, has offered to assist the Federal Government to prepare its annual budgets early enough to enable the legislature pass them at the beginning of each fiscal year....

  • Posted July 18, 2011
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  CBN’s interest-free banking gains momentum

  It seems that the influential governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, is winning the “hearts and minds” debate over the introduction of interest-free (Islamic) banking into Africa’s most populous yet highly...

  • Posted July 18, 2011
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