Human Resource (HR) administration deals mostly with employees’ salaries and benefits. However, it can be broadened to include development and administrative processes designed to increase effectiveness as an employer – its hiring process, pays and benefits. In a nutshell, HR refers to the whole spectrum of creating and managing employer-employee relationship. It can be also said to designate a broader involvement and strategic role in the organization than “personnel” which most people associate with just hiring.

Oil marketers on Friday said they have dispatched 700 trucks of Premium Motor Spirit (PMS), to Abuja as part of efforts to end fuel queues at filling stations nationwide.

Nigeria’s central bank adjusted its exchange rate peg to N196.95 to the dollar from the 197 it set in February after the currency’s value was eroded by the fall in oil prices, data on its website showed yesterday. The bank adjusted the rate at which it sold hard currency this week, dealers said, noting that the change was too small to be considered a revaluation for the naira, particularly in the face of dwindling foreign reserves.

Shareholders, under the aegis of Western Icon Shareholders Association of Nigeria, WISAN, have called on the Federal Government to diversify the nation’s economic base, advocating a departure from dependence on oil earnings to agriculture. They further called on the government to set up a steering committee that would address some of the policies that have hindered the growth of the capital market and the economy in general.

“Most developing countries support their exports with attractive incentives. According to WTO, China which is the world’s largest exporter, gave $ 55 billion as export tax rebates in 2009. India which aims to double its exports from $400 to $900 by 2020 gives a package of incentives to its exporters,”