Latest News
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Advertising Industry Is Dying Because Of Multiple Taxation — OAAN
The Outdoor Advertising Association of Nigeria has attributed the declining affluence of the business in the country to multiple taxations. National President of the association, Mr. Charles Chijide, who stated this on Friday, also called on governments...
- Posted December 3, 2012
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Pentagon moves to send hundreds more spies overseas
THE United States (U.S.) Pentagon will soon be sending hundreds of additional spies overseas as part of an ambitious plan to assemble an espionage network that rivals the CIA in size, The Washington Post Sunday quoted officials...
- Posted December 3, 2012
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Gas Industry Operators call for Dynamism in the Sector
As Nigeria explores the potentials she has in utilizing her Gas to power and drive the economy effectively, industry operators have expressed dissatisfaction with the progress report card of the sector due to the static posture of the policies and...
- Posted December 3, 2012
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Business Community Set for 2012 Quality Summit
No matter how well a product is advertised and packaged, once the quality is poor it completely cancels out the good intentions of the company that developed it. This therefore underscores the importance of Quality in ensuring valuable...
- Posted December 3, 2012
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Fraud Watch: London Metropolitan Police to Provide Evidence against Babalakin
The London Metropolitan Police is expected to tender evidence against the Chairman, Bi-Courtney Highway Services, Dr. Wale Babalakin, in court when his trial begins proper. A leading legal practitioner who spoke in confidence said the Met police...
- Posted December 3, 2012
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Debt Management: Civil Servants Rise against Government’s Borrowing Routine
The Association of Senior Civil Servants of Nigeria (ASCSN) has challenged the National Assembly to stop the Federal Government from borrowing to execute projects in the country. ASCSN’s President Comrade Bobboi Bala Kaigama made this declaration at...
- Posted December 3, 2012
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AIRTEL, MTN Under Microscope Over Outsourcing Policy
The concept of outsourcing, according to its proponent Jack Welch, the great former CEO of General Electric in the United States, is designed to bring effectiveness to a particular core of Industry. This may have been bastardized by two...
- Posted December 3, 2012
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Micro, Small and Medium Businesses to Receive a Boost of N220 billion – CBN
The CBN has set aside N220 billion for Micro, Small, and Medium Enterprises (MSMEs) and the money is to be released by the first quarter of 2013. A CBN official who spoke in confidence said the money...
- Posted December 3, 2012
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Zinox Boss Supports Nigerian Employees’ Digital Welfare Scheme
The Chairman of Zinox Group, Chief Leo Stan Ekeh has declared his support for the Nigerian Employees, Digital Welfare Scheme (NEDWS), which is expected to be launched in Abuja in December. NEDWS is a program initiated by...
- Posted December 2, 2012
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EFCC Debunks Rumours over Babalakin’s Trial
The Economic and Financial Crimes Commission (EFCC) yesterday came out to clarify misconceptions that the court stopped EFCC from prosecuting the Chairman of Bi-Courtney, Dr. Olawale Babalakin. EFCC’s head of Media and Publicity, Mr. Wilson Uwujaren made...
- Posted December 2, 2012
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Sambo Assures Foreign Investors of Nigeria’s Economic Reform
For Foreign Investment to flow into any Nation, there must be visible and tangible evidence of progress in the economic reforms and goals set by the Government, which guarantees an enabling environment for remarkable sustainability. This is the report...
- Posted November 30, 2012
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MTN, Glo, Etisalat and Airtel May Face more Punitive Fines – Minister
The Federal Government may levy more fines against telecommunications companies if their service hasn’t improved by the time service quality checks are made in December, Communications Technology Minister Omobola Johnson said. The telecommunications regulator fined companies including MTN...
- Posted November 30, 2012
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Only 5 banks are healthy – NDIC
The Nigeria Deposit Insurance Corporation (NDIC) yesterday revealed that there are only five sound banks in the country, even as it stated there are no unsound banks. Whereas 13 of the banks are satisfactory, two of them...
- Posted November 30, 2012
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SON sets New Framework for LPG Imports
As the Federal Government commences policy review on importation of goods into the country, the nation’s certification bearer, the Standards Organization of Nigeria (SON) has announced that it will scrutinize the process of the importation of Liquefied Petroleum Gas Cylinders (LPG)...
- Posted November 30, 2012