Business

Recapitalisation: Labour Ministry charges banks to protect workers

By Victor Ahiuma-Young & Omotola Aremo The Federal Ministry of Labour and Employment has cautioned banks and insurance companies against allowing workers to bear the brunt of the ongoing recapitalisation and restructuring in the financial sector. The Ministry made the call during the 2026 World Day for Decent Work celebration organised by the Association of […]
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Chevron announces production increase

Chevron Corporation has announced that production increases from project ramp-ups in Thailand, the United States and Nigeria were more than offset by normal field declines, the shut-in of the Frade Field in Brazil, maintenance-related downtime and dispositions.

Huge forex coming from rice exportation – Prof. Marley

Professor Paul S. Marley, the Managing Director, Niger River Basin Development Authority, has, in the past two years, been at the helms of affairs in the Authority, striving to key into the transformational agenda of President Goodluck Jonathan in the agriculture sector.

The limits of arbitrary bank charges

The revision of charges in the banking sector by the Central Bank of Nigeria (CBN), to many entrepreneurs doing business in Nigeria, is a welcome development. The charges revision was sequel to the complaints from depositors about what they described as arbitrary charges on banking services.

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