Tag: Business

NECA faults ‘cool-off’ provisions in FRC’s Code of Corporate Governance
November 30, 2016 No Responses

NECA faults ‘cool-off’ provisions in FRC’s Code of Corporate Governance

The Nigeria Employers’ Consultative Association (NECA) on Tuesday criticised provisions in the recently suspended Code of Corporate Governance of the Financial Reporting Council (FRCN). According to NECA, there is no justification for the mandatory ‘cool-off’ period set for Managing Directors...
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Labour seeks industrial harmony, outstanding salaries for Ministry of Defence staff
November 30, 2016 No Responses

Labour seeks industrial harmony, outstanding salaries for Ministry of Defence staff

 Industrial harmony in the workplace will be enhanced if the management and workers put the interest of the organisation first. Making the declaration in a lecture he delivered at the 2016 Annual Seminar of the Ministry of Defence unit of...
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ASEA re-elects Onyema, NSE CEO as President
November 30, 2016 No Responses

ASEA re-elects Onyema, NSE CEO as President

The African Securities Exchanges Association (ASEA) held its 20th Annual General Meeting (AGM) on Sunday 27, November where the election of officers took place. At the meeting, Mr. Oscar N. Onyema, OON Chief Executive Officer (CEO) of the Nigerian Stock...
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Lagos proposes N813b budget for 2017
November 30, 2016 No Responses

Lagos proposes N813b budget for 2017

The Lagos State Government has presented N813 billion budget proposal for the year 2017, an increase of N150 billion, when compared to the previous budget. Presenting the budget to the State House of Assembly on Tuesday, Governor Akinwunmi Ambode assured...
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Ford Ranger wins pick-up of the year title in Nigeria
November 30, 2016 No Responses

Ford Ranger wins pick-up of the year title in Nigeria

The Ford Ranger has been selected as the 2016 Pick-up of the Year by the Nigeria Auto Journalists Association (NAJA), reinforcing its status as a segment-defining model in the highly competitive light commercial vehicle sector. The award, which was accepted...
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House Committee pledges support for NIMASA
November 30, 2016 No Responses

House Committee pledges support for NIMASA

The House of Representatives Committee on Maritime Safety, Education and Administration has resolved to support the rebuilding efforts of the Nigerian Maritime Administration and Safety Agency (NIMASA) in its quest to reposition, reform and restructure for the...
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MAN seeks reduction in interest rate
November 29, 2016 No Responses

MAN seeks reduction in interest rate

Manufacturers Association of Nigeria (MAN) on Monday appealed to the Central Bank of Nigeria to reduce interest rates as part of measures to lift various sectors. According to MAN, retaining the Monetary Policy Rate (MPR) at 14 per cent by...
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World Federation of Exchanges explain Commission’s crisis management proposal
November 29, 2016 No Responses

World Federation of Exchanges explain Commission’s crisis management proposal

The World Federation of Exchanges (WFE) on Monday notes the European Commission’s proposal for regulation regarding the recovery and resolution of CCPs, and welcomes the importance placed on consistency with international standards. According to WFE, the pro...
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NCC directs mobile operators to increase data tariffs
November 29, 2016 No Responses

NCC directs mobile operators to increase data tariffs

NCC directs mobile operators to increase data tariffs   (The Cable)– The Nigeria Communication Commission (NCC) has directed mobile operators to initiate a new data tariff regime from December 1, 2016 in what is effectively a price increase. In a...
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Dangote foundation donates N100m food items to IDPs, returnees in Yobe State
November 29, 2016 No Responses

Dangote foundation donates N100m food items to IDPs, returnees in Yobe State

Moved by the plight of the Internally Displayed Persons (IDPs) and returnees in Yobe State, many of whom have been hit by starvation, the Dangote Foundation has flagged off the distribution of food and other relief items worth over N100...
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Peterside congratulates Akeredolu, Ondo Governor-Elect
November 29, 2016 No Responses

Peterside congratulates Akeredolu, Ondo Governor-Elect

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has congratulated Chief Rotimi Akeredolu, (SAN) of the All Progressives Congress (APC) for winning the Ondo State governorship election. Peterside who ...
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NLAG to present nine books
November 29, 2016 No Responses

NLAG to present nine books

All is now set for Reverend Femi and Pastor Irene Olumeyan of New Life Amazing Grace Bible Church (NLAG) Lagos, to unveil nine thrilling, exciting and inspirational Christian books. According to the Church, proceeds would be used to provide care...
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IITA warns against paying lip service to agriculture
November 28, 2016 No Responses

IITA warns against paying lip service to agriculture

There are negative consequences if Africa continued to pay lip service to agriculture, the Director General of the International Institute of Tropical Agriculture (IITA), Dr Nteranya Sanginga has warned. Addressing members of the Board of Trustees of IITA and ...
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How I bounced back after losing N20billion, by Maduka, Coscharis boss
November 28, 2016 No Responses

How I bounced back after losing N20billion, by Maduka, Coscharis boss

Foremost industrialists and President of Coscharis Group, Dr Cosmos Maduka has advised individuals who strive for success to put modalities in place to counter unexpected challenges. Speaking during an interactive session with members of Nigeria Auto Journalis...
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