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 […]
LCCI prepares for trade mission in Nigeria, Ghana
Representatives from about 20 companies will be participating in London Chamber of Commerce’s trade mission slated to hold next week in Lagos and Accra respectively.
Nigeria is losing money holding reserves in dollars– FMI
Nigeria is losing money holding reserves in dollars following the fact that the dollar has been losing value as reserve currency in the last couple of months says Financial Market Intelligence (FMI), a firm of financial markets analysts. The FMI in its recent report states that the dollar has lost 12 per cent since March against an index comprising the euro, yen and four other major currencies.
Bearish run persists, equities’ value dips by N16bn
The bearish run in the Nigerian capital market continued, Wednesday, as the value of listed equities on the Nigerian Stock Exchange (NSE) dipped by N15.77 billion.
CCNN surpasses turnover, PAT forecast for second quarter — Vetiva
Cement Company of Northern Nigeria (CCNN) Plc has significantly surpassed its turnover and Profit After Tax ( PAT) forecast of N3.12 billion (Actual-N6.59 billion) and N460 million (Actual-N1.17 billion) respectively for the second quarter 2009.
Farmer says mixing politics with agric is detrimental
A commercial farmer in Imo, Chief Patrick Onuoha, says politicising agriculture is detrimental to national development as it leads to a wastage of financial resources.
