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 […]
Nigeria spends N2.07trn on fuel import in 9 months
NIGERIA spent N2.068 trillion on the importation of petroleum products within a nine-month period, from January to September 2017, rising by 14.32 per cent from N1.809 trillion recorded in the same period in 2016.
Price increase slows to 15.9% in November — NBS
Increase in prices of goods and services slowed for the tenth consecutive month to 15.9 percent in November, the lowest in 18 months.
Dangote vs BUA: FG orders parties to vacate mining site in Edo
FOLLOWING the crisis raging between Dangote Group and BUA Group over the mining right in Obuh community, in Okpella, Etsako East Local Government Area of Edo State, the Federal Government has ordered the parties involved to vacate the site to avoid break down of law and order in the area.
NAICOM, insurers disagree on implementation of risk based supervision
The National Insurance Commission, NAICOM and insurance operators are divided over the timing of the implementation of the Risk Risked Based Supervision, RBS, in the industry
Nigerians lack adequate knowledge of NipeX – Investigation
THERE are indications that many Nigerians do not know much about NipeX, established to provide an electronic contracting platform for the Nigerian National Petroleum Corporation, NNPC and its operating partners in the Joint Venture (JV) and Production Sharing Contract (PSC) arrangement.
