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FBN Holdings to downsize to boost profitability

FBN Holdings to downsize to boost profitability

FBN Holdings Plc, the parent company of First bank Limited said it would cut jobs and focus less on providing loans to the oil industry in a bid to reverse last year’s 82 percent slump in profit.

NBC board to EFCC: We did our best

NBC board to EFCC: We did our best

Members of the Board of Directors of National Broadcasting Commission, NBC, have justified the actions they took in selling a radio spectrum worth N34 billion and paying a commission of N3.4 billion to the consultants, arguing that it was the best action taken to raise money for digital switch over.

Budget, code of conduct tribunal, EFCC and rats?

Budget, code of conduct tribunal, EFCC and rats?

RATS are rodents and the most notorious in Nigeria is the Rattus Rattus (black rats). These rats are capable of producing as many as 2000 litters in a year. Rats operate from holes, nooks, and crannies, scavenging, causing havoc and spreading diseases.

Oyemade wants ‘dead’ capital for economic devt

Oyemade wants ‘dead’ capital for economic devt

Convener, The Platform, and Pastor, Covenant Christian Church, Mr. Poju Oyemade, yesterday, emphasised the need to explore the potentials in untapped and unexplored capital in the quest for growth, irres-pective of the challenge posed by the volatility in the price of crude oil.

Boko Haram stalls completion of N17bn roads, bridges in Borno

Boko Haram stalls completion of N17bn roads, bridges in Borno

Borno State Government yesterday, lamented that one of negative effects of the activities of the Boko Haram insurgency in the state was the inability to complete N17 billion roads and bridges projects in Maiduguri metropolis, including three-kilometre Lagos Street Bridge awarded in 2012.

African capital markets to raise $3.1bnIPOs in 2016 – NSE boss

African capital markets to raise $3.1bnIPOs in 2016 – NSE boss

Despite the challenging operating environment in 2015, there has been a prediction that African capital markets are expected to see a gradual pickup in growth in 2016, with the markets expected to raise Initial Public Offers, IPOs of $3.1 billion .

Labour tasks Buhari over unpaid promotion arrears, others

Labour tasks Buhari over unpaid promotion arrears, others

ASSOCIATION of Senior Civil Servants of Nigeria, ASCSN, yesterday, commended President Muhammadu Buhari for the payment of salaries of Federal Public Servants by April 25, urging him to ensure that other benefits such as promotion arrears among other allowances owed Federal employees were settled in good time.

NYSC to deploy doctors, nurses, others to IDPs camps

NYSC to deploy doctors, nurses, others to IDPs camps

The National Youth Services Corp, NYSC is to deploy Doctors, Nurses and other medical Corp members to all the major Internally Displaced Persons, IDPs camps across the country, the Director General of the Corp, Brigadier General Suleiman Zakari Kazaure has disclosed.