FG clears 1,669 ex-PHCN workers for payment

FG clears 1,669 ex-PHCN workers for payment

ABUJA — The Federal Government announced last week in Abuja that it has concluded arrangements for the payment of severance package to another batch of 1,669 staff retirees and Next of Kin of the defunct Power Holding Company of Nigeria, PHCN. The Implementation Committee on Payment of Power Holding Company of Nigeria, PHCN, terminal benefits of the Bureau of Public Enterprises, BPE, has released the time-table for the payments of severance benefits in nine Centres across the country.
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Ihedioha urged to apologise to Ararume

Ihedioha urged to apologise to Ararume

SOME chieftains of the Peoples Democratic Party, PDP, in Imo State, have advised the Deputy Speaker of the House of Representatives, Emeka Ihedioha, to apologise to Senator Ifeanyi Ararume, if he wishes to get the support of the Imo people in his bid to become the governor of the state.

Seven years after, miscreants still flock Oshodi market

Seven years after, miscreants still flock Oshodi market

In March 2008, when the current administration of Governor Babatunde Fashola of Lagos State took a bold step to transform the popular Oshodi market, residents heaved a sigh of relief, giving the terrorising activities of miscreants in the area then.

INEC disqualifies 7 gov candidates

INEC disqualifies 7 gov candidates

THE Independent National Electoral Commission, INEC, has declared the Peoples Democratic Party, PDP candidate for Ado/Opoku/Ogbadibo Federal Constituency in Benue State, Christian Adabah Abah, as winner of the February 14, 2015 general elections.

Electricity generation rises to 4,132MW

Electricity generation rises to 4,132MW

ABUJA — A significant improvement was recorded in Nigeria’s electricity generation capacity, as power generation, yesterday, hit 4,132.7 megawatts (MW) from about 3,300mw recorded last week.

Naira devaluation has forced us to reduce prices —Bajaj

Naira devaluation has forced us to reduce prices —Bajaj

Bajaj Nigeria, manufacturers of Bajaj three wheelers says Naira devaluation has forced the company to reduce prices of its tricycle, as it plans to expand and improve on transport business with introduction of car-like four wheeler before 2015 ends.

Top 10 performing stocks

Top 10 performing stocks

On the top 10 performing stocks last week were the shares of UAC of Nigeria Plc, Guaranty Trust Bank Plc, Mansard Insurance Plc, Flour Mills of Nigeria Plc, N.E.M Insurance Co (Nig.) Plc and Lafarge Africa Plc.

Windows 10, key player in PC era — Microsoft CEO

Windows 10, key player in PC era — Microsoft CEO

The Chief Executive of Microsoft, Satya Nadella, has said that the unveiling of Windows 10 has heralded the beginning of the more personal computing era in the mobile-first, cloud-first world.

212m ’ll be out of job globally in 2019, ILO warns

212m ’ll be out of job globally in 2019, ILO warns

GENEVA— INTERNATIONAL Labour Organisation, ILO, has warned that unemployment will continue to rise in Nigeria and other parts of the world in the coming years, as the global economy has entered a new period combining slower growth, widening inequalities and turbulence.

Gunmen kidnap Benue businessman

Gunmen kidnap Benue businessman

The Benue Police Command said a businessman, Mr Ronald Mnyim, had been abducted by suspected kidnappers in Katsina-Ala on Sunday at about 8.30 p.m.

Asejere: Hope Rises for MSMEs in Africa

Asejere: Hope Rises for MSMEs in Africa

Asejere is an online SME Resource portal and mobile application designed to help Micro, Small and Medium Enterprises (MSMEs) connect with each other and with resources that will help their businesses grow.

SEC okays Access Bank’s N52.6bn rights issue

SEC okays Access Bank’s N52.6bn rights issue

Access Bank Plc has secured approval of the Securities and Exchange Commission (SEC) to proceed with plans to raise N52.6 billion in a share sale as it pursues expansion and stronger cash reserves.

NUPENG tasks NLC founding fathers on confab

NUPENG tasks NLC founding fathers on confab

NIGERIA Union of Petroleum and Natural Gas Workers, NUPENG, has called on the founding fathers of Nigeria Labour Congress, NLC, to take special interest in the forthcoming National Delegates Conference, NDC, where new leaders would emerge.