Business

Dangote effects another cut in petrol price

Dangote effects another cut in petrol price

•As diesel prices rises across major depots By Udeme Akpan The Dangote Petroleum Refinery on Wednesday trimmed its ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, by ¦ 1 per litre, even as diesel prices climbed across several petroleum depots in Lagos, reflecting mixed trends in Nigeria’s downstream petroleum market. Meanwhile, the global […]
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NITEL workers protest non-payment of salary …call for CEO’s removal

NITEL workers protest non-payment of salary …call for CEO’s removal

Workers of the Nigerian Telecommunication Commission (NITEL) staged a rally on Tuesday in Abuja in protest of the management’s failure to pay their nine months salary. The protesters led by Comrade Elias Kazzah, the President of the Senior Staff Association of Communication Transportation and Corporation (SSACTAC), NITEL Branch, also called for the removal of the Chief Executive Officer (CEO), Hajiya Zainab Sa’ab.

Maritime firm protests illegal demolition of office, loss of cash

Maritime firm protests illegal demolition of office, loss of cash

THE Management of Joe Yomi maritime services has protested the illegal demolition of its office by officials of the Lagos State Task Force on environment and other related offences, a development he said has disrupted the company’s source of income.

Ogun woos investors, sets  five-cardinal programme

Ogun woos investors, sets five-cardinal programme

Ogun State Investors Forum convened by Governor Ibikunle Amosun, formally began yesterday in Abeokuta, the state capital. The two days forum is themed: “Ogun State: Open for Business.

ECS: NSITF threatens to sanction recalcitrant employers

ECS: NSITF threatens to sanction recalcitrant employers

MANAGEMENT of the Nigeria Social Insurance Trust Fund, NSITF, has called on employers in the country to, without delay, comply with the provisions of the Employees’ Compensation Act, ECA, saying it will not hesitate to apply the necessary sanctions as provided by the Act on any recalcitrant employer.

FG delays N3.6bn premium provision for 2011 group life

FG delays N3.6bn premium provision for 2011 group life

Strong indications have emerged that the Federal Government may be jeopardising the lives of its employees under the group life scheme if the N3.6billion provided for by the government is not released to the Head of Service, just as Pension Fund Administrators, PFAs, settled N1.4billion claims to families of 554 deceased civil servants.