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 […]
Skye Bank floats Gambian subsidiary
Skye Bank Plc has further extended its operations beyond the shores of the country, as it announced the floating of a subsidiary in the Gambia.
Union Bank canvasses increase in budgetary allocation to agriculture
Union Bank Nigeria Plc has called on the Federal Government to increase the budgetary allocation to agricultural sector in order to boost food production in the country.
CSL Legacy Fund unit holders get no dividend
Unit holders of CSL Stockbrokers Limited Legacy Fund was denied dividend despite the Fund Manager declaring N143.7 million Profit After Tax (PAT) for the financial year ended December 31, 2008.
Ebonyi State’s 10% stake in Nigercem stalls resuscitation —Nehikhare
Nigeria Cement Company Plc (NIGERCEM) Nkalagu, Ebonyi State, was incorporated in 1954. It was the first cement industry in Nigeria established by the then Eastern Nigeria regional government. Its fortunes, however, started dwindling in the 80s and by 2002 the five states of the South East decided to sell it to private investors. By then the factory had closed shops and was in huge debts.
Nigeria lacks clear cut development plan— IPN boss
Dr Mccarthy Ijiebor is the president/founder of the Institute of Planning, Nigeria. In this interview he speaks on why the country must begin to learn how to prioritise it programmes particularly by looking at cost and benefit of real action that would stimulate an enduring economic development.
