Business

Recapitalisation: Labour Ministry charges banks to protect workers

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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Customs boss charges officers to justify promotion

Customs boss charges officers to justify promotion

Customs Area Controller (CAC) of Kirikiri Lighter Terminal Command of the Nigeria Customs Service (NCS), Iya Abubakar Umar, has charged recently promoted officers in the command to justify management’s confidence on them by putting in their best and providing leadership in the discharge of their duties.

Union Bank’s boss assures stakeholders

Union Bank’s boss assures stakeholders

The new Group Managing Director/Chief Executive of Union Bank of Nigeria PLC, Mrs. Funke Osibodu resumed office over the weekend with assurances to all stakeholders especially customers that the Bank will not compromise their interests and expectations, and stressed the need for them to remain steadfast with the Bank.

Firm to hold international dredging summit

Firm to hold international dredging summit

As part of efforts to improve dredging industry in the country, a Nigerian firm, Dredge Skills and Marine Training Centre Ltd has packaged an international dredging summit that would bring into the country renowned dredging equipment manufacturer and vendors from the US and Europe .

NSE indicts banks over failure to lend to real sector

NSE indicts banks over failure to lend to real sector

The Nigerian Stock Exchange (NSE) has blamed the troubled banks for their woes, especially for their failure to lend to the real sector that is supposed to act as catalyst to the development and growth of the country.