Economy Archives — Page 198 of 231

September 22, 2017 No Responses

Minister lauds BPE, seeks support for NIPOST agenda

The Nigerian Postal Service (NIPOST) is being reformed to undertake e-commerce and e-government services, the Minister of Communications, Alhaji Abdur-Raheem Adebayo Shittu has said. According to the Minister, the development is a strategic response to technological challenges “that have...

September 20, 2017 No Responses

ILO implores UN General Assembly on 152 million in child labour, others

New research developed jointly by the International Labour Organization (ILO) and the Walk Free Foundation in partnership with the International Organization for Migration (IOM), has revealed the true scale of modern slavery around the world. The data, rel...

September 20, 2017 No Responses

FG pledges more support for capital market, inaugurates Investment and Securities Tribunal

The Minister of Finance, Mrs. Kemi Adeosun, on Tuesday reconstituted ten-man Investment and Securities Tribunal (IST), which has Siaka Isaiah Idoko as the Chairman. Other members are: Jude I. Udunni, Mr. Nosa Osemwengie, Abubakar A. Ahmad, Albert L. Otesile,...

September 20, 2017 No Responses

SEC bans Ogiemwonyi for life, suspends Omoragbon

The Securities and Exchange Commission (SEC) has banned the Managing Director of Partnership Investment Company Plc and Partnership Securities Limited, Mr. Victor Ogiemwonyi for life from holding directorship positions in any public company in Nigeria fo...

September 20, 2017 No Responses

Global coalition to boost equal pay for women at work

One of the most persistent barriers to women’s success at work and to economic growth, unequal pay, will be actively challenged by a new global partnership, the Equal Pay International Coalition (EPIC) . With the launch of EPIC, the International Labour...

September 19, 2017 No Responses

Employee fraud in UK hits £40m in one year

Businesses in the United Kingdom reported more than £40m in losses from employee fraud in 2016, figures published by Chartered Institute of Personnel Development (CIPD) revealed on Monday. The data, which was obtained by accountancy firm RSM under a freedom.....

September 19, 2017 No Responses

NSE Photo News

L – R Shows Bonaventure Onwuji, Listing Compliance Manager, The Nigerian Stock Exchange (NSE); Godstime Iwenekhai, Acting Head, Listings Regulation Department, NSE; Tinuade Awe, General Counsel, Head of Regulation, NSE; Agnes Lutukai, Head of Department, Pro...

September 19, 2017 No Responses

At NSE investor clinic, dematerialisation, direct cash settlement, e-dividend take centre stage

The Nigerian Stock Exchange (NSE) has conducted an investor clinic designed to educate capital market stakeholders on ‘The role of Dematerialization, Direct Cash Settlement and E-dividend in the development of the Nigerian Capital Market’. Held in Lag...

September 18, 2017 No Responses

‘Nigeria needs $3t to fix infrastructure’

Nigeria needs $3 trillion to fix infrastructure deficit in the country over the next three decades, Africa Finance Corporation (AFC) has said. Speaking at the weekend in Lagos, AFC President/Chief Executive, Andrew Alli called on government to allow cost...

September 14, 2017 No Responses

NLNG, FG, JBN sign N120b Bonny-Bodo road project agreement

The construction of Bonny Island–Bodo road in Rivers State came closer to actualisation on Wednesday as Nigeria LNG Limited (NLNG) signed a tripartite agreement in Abuja with the Federal Government, represented by the Ministry of Power, Works and Housing, an...

September 14, 2017 No Responses

Nigeria defers 700,000bpd of crude oil due to pipeline vandalism

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that an average of 700,000bpd of crude oil was deferred in 2016 due to pipeline sabotage, saying this brought Nigeria’s production down to as...

September 11, 2017 No Responses

FG: Farmers to get four million fertilizers before end of the year

The Presidential Fertilizer Initiative (PFI) will deliver 4 million bags of 50kg Nitrogen, Phosphorous and Potassium (NPK) fertilizer to farmers, at an affordable price, before the end of the year. Senior Special Assistant to the President (Media & Publi...

September 10, 2017 No Responses

Minister seeks more support for creative industry

The Minister of Information and Culture, Alhaji Lai Mohammed, at the weekend visited the African Arts and Craft Expo in Abuja, during which he inspected all the pavilions of the Exhibitors from across the country and many African nations. The Minister, who.....

September 8, 2017 No Responses

WFE elects eight Directors

At the 57th General Assembly in Bangkok on Thursday, the World Federation of Exchanges (WFE) elected eight Directors of the Board. The Directors of the Board are: 1. Chairman Wu Qing, Shanghai Stock Exchange – Chairman, WFE (1-year term) 2....