LCCI faults CBN, NDIC over troubled banks
The Lagos Chamber of Commerce and Industry (LCCI) has faulted the CBN and the Nigerian Deposit Insurance Corporation (NDIC) over the current happenings in the banking sector.
LASG saves N200mln using ICT
Lagos State Government has been able to save N200 million monthly through its use of Information and Communications Technology (ICT).
UK business investment falls sharply, may hit Q2 GDP
Business investment in Britain fell by a whopping 10.4 per cent in the three months to June,2009.It is sharpest decline in 24 years and raising the risk that Q2 GDP figures could be revised down, official data showed on Thursday.
UK energy services firms raise dividends
British energy services firms, Amec and Hunting, raised their interim dividends after solid first-half results, defying concerns that lower spending on oil and gas exploration would hit their activities.
Fragile air traffic recovery under way — IATA
A recovery in air traffic is under way, according to latest data from a global industry body, in another sign the world economy is clawing its way out of recession.
WPP Group suffers slump, profit falls 54%
Following the recessionary headwinds, WPP Group, London, an advertising agency said it has recorded decline in profit of 54 percent to 217million from $469 million.
