Business

18 Years After: RMAFC moves to review president, governors, lawmakers’ pay

18 Years After: RMAFC moves to review president, governors, lawmakers’ pay

By Babajide Komolafe, Economy Editor The Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, has completed the review of the remuneration of political office holders, 18 years after their salaries were last reviewed by law, saying the proposed new remuneration and revenue allocation Bills will reach the National Assembly before the end of the year. Chairman […]
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African tourism to grow 2-3 %  in 2009 — UN tourism body

African tourism to grow 2-3 % in 2009 — UN tourism body

Tourism to Africa will grow by a slower 2-3 per cent in 2009 from around 47 million arrivals last year because the global economic slowdown is making travellers cut costs, a U.N. tourism body said on Tuesday. Tourism has become a key source of foreign exchange for many African nations, and in countries like Mauritius and Seychelles it makes up over 30 per cent of gross domestic product.

Nigerians embrace National ID infrastructure upgrade

Nigerians embrace National ID infrastructure upgrade

Nigerians across all ages, creeds, groups and both sexes have wholeheartedly embraced the on-going national ID infrastructure upgrade being implemented by the National Identity Management Commission, NIMC.

Is another naming ceremony on the way for ZAIN?

Is another naming ceremony on the way for ZAIN?

IF Middle East and Africa mobile operator Zain Group finally agrees to sell its Celtel Africa unit to a bidding French media conglomerate, Vivendi SA this week, the Nigerian operation of the company may be heading for the 6th time name change.

Textile workers raise the alarm over job losses

Textile workers raise the alarm over job losses

Textile workers on Mon day in Lagos urged the Federal Government to intervene in the dwindling fortunes of the sector. The workers under aegis of the National Union of Textile and Garment Workers of Nigeria (NUTGWN), expressed worry about imminent job losses in textile industries across the country.Mr Issa Aremu, the union’s General Secretary, told […]

FG suspends sale of NITEL, raises project team

FG suspends sale of NITEL, raises project team

The Federal Govern ment on Monday in Abuja deferred the sale of NITEL and its mobile subsidiary, Mtel, preferring to raise an eight-man project team that would steer the affairs of the two companies.