18 Years After: RMAFC moves to review president, governors, lawmakers’ pay
By Babajide Komolafe, Economy Editor The Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, has completed the review of the remuneration of political office holders, 18 years after their salaries were last reviewed by law, saying the proposed new remuneration and revenue allocation Bills will reach the National Assembly before the end of the year. Chairman […]
Aliko Dangote’s humble drive to the top
Alhaji Aliko Dangote is from a very wealthy family in Kano. He is related to the late Alhassan Dantata, who was reputed to be one of the wealthiest Hausa merchants in Kano as at the time of his demise in 1955. However, his wealth dwindled as it was shared among 18 children.
The falling price of Crude Oil, and the impact on developing economies like Nigeria
Approximately forty years after the OPEC stranglehold on western Economies, in what was to nations like Nigeria an “oil Boom”, a real threat has emerged that may forever loosen the grip of the paling Cartel. In what may be a historical payback for the 70s oil boom, Shale oil: an equally ‘clean’ alternative has driven global oil prices into a price ravine.
NBC innovates Ikeja plant, trains engineers on facilities
It was a media tour and also an eye opener into Ikeja plant of Nigerian Bottling Company. A well innovated plant with modern facilities empowering new engineers for onward productivity, ensuring that over its 600,000 distribution partners deliver quality to growing consumers.
NB confirms SEC’s approval of merger with Consolidated Breweries
The management of Nigerian Breweries Plc has confirmed that its merger with Consolidated Breweries Plc has now been finalized with effect from December 31, 2014.
Local manufacturers of SIM cards, National ID cards, voter cards get N1.1bn BoI facility
The Bank of Industry, BoI, has granted N1.1 billion credit facility to local manufacturers of electronic payment cards, SIM cards, National ID card and Voters card.
