Recession: Nigeria needs wage-led recovery – Labour

Recession: Nigeria needs wage-led recovery – Labour

KADUNA—Org labour weekend in Kaduna, contended that prompt payment of existing salaries by state and local governments and urgent wage increases in both the private and public sectors, linked with productivity improvement, were the quickest ways to stimulate and rescue the nation’s economy from recession.
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Non-passage of NPSM bill, hindrance to combating  e-fraud —CBN

Non-passage of NPSM bill, hindrance to combating e-fraud —CBN

The Central Bank of Nigeria, CBN, weekend, identified the non-passage of National Payment System Management Bill by the National Assembly, NASS, as hindrance to combating electronic fraud, even as banks lost $450 million to cyber attack in the last one year.

Rio Paralympics: Nigeria wins 3rd gold, shatters world record

Rio Paralympics: Nigeria wins 3rd gold, shatters world record

Nigeria has won her third gold medal at the Rio 2016 Paralympic Games in Brazil through Team Nigeria’s Captain Lucy Ejike who also shattered the Paralympic and world record to dominate the women’s -61kg event in powerlifting.

Monarch bans masquerade festival in Ado-Ekiti

Monarch bans masquerade festival in Ado-Ekiti

In a bid to curb harassment of people of Ado-Ekiti by masquerades, the Ewi of Ado Ekiti, Oba Rufus Adeyemo Adejugbe has placed a temporary ban on the masquerade festival in the town.

80-yr-old medical doctor dies in candle fire

80-yr-old medical doctor dies in candle fire

CALABAR— DOCTOR Peter Odey, a famous medical practitioner in Ogoja, Cross River State, was, weekend, burnt to death in his sleep at his house located on Ibadan Street, Igoli-Ogoja.

We want to make financing more accessible – Letshego

We want to make financing more accessible – Letshego

I will start with the opportunity, the size of the market, the size of the under-served in this market which is 37 million, about 18 times the population of Botswana, the opportunity is very large. Secondly, we saw a large number of micro-finance businesses doing similar things without any differentiation which we think would be an opportunity to bring to the market, whether it is in the education, health or agriculture and we do low income housing.

Recession hits education sector

Recession hits education sector

A sudden earthquake is about to hit the whole of Nigeria this month; not the sort of physical tremor which devastates buildings, breaks up bridges and brings down power lines – while destroying lives. Ours will be a social upheaval never experienced in this country for as long as the oldest of us can remember.

Banking, conglomerates boost stock market turnover by 85.8%

Banking, conglomerates boost stock market turnover by 85.8%

The Banking and Conglomerates sub sectors on the Nigerian Stock Exchange, NSE, last week boosted the stock market turnover by 85.83 per cent. Specifically, a turnover of 1.183 billion shares worth N10.300 billion in 16,522 deals were traded last week by investors on the floor of the exchange in contrast to a total of 1.115 billion shares valued at N13.817 billion that exchanged hands penultimate week in 16,083 deals.