Economy, Business and Finance - Top News

  • December 14
  • Times of Zambia Zambia: MP Kambwili's Claims On Zamtel Workers Trashed

    THE National Union of Communications Workers (NUCW) has said no unionised Zamtel employee has been forced to sign redundancy letters or threatened with dismissal.

  • Times of Zambia Zambia: Soweto Marketeers Shun New Market

    SOME Soweto Marketeers who were recently allocated stands at the new Soweto Market have refused to operate from the new market and opted to trade from outside.

  • Times of Zambia Zambia: ZCCM-IH Puts Record Straight

    THE Zambia Consolidated Copper Mines-Investments Holdings (ZCCM-IH) has said the lead contamination levels in Kabwe are not harmful to human health.

  • Daily Champion Nigeria: FG to Sign MOU With Korea On Roads, Housing

    Worried by the deplorable condition of Nigerian roads, Federal Government has concluded plans with the Republic of Korea to sign a Memorandum of Understanding (MoU) on roads and housing in a renewed effort by the Federal Ministry of Works, Housing and Urban Development to improve the two sectors.

  • Daily Champion Nigeria: All Pilgrims Will Have Equal Treatment-Amirul Hajj

    Alhaji Aliyu Bakoji, Secretary, Bauchi Hajj Committee, said that all pilgrims, including senior government officials, would get equal treatment in the journey back home.

  • Leadership Nigeria: CBN Explains Disparity in Banks' Loan Loss Provisions

    The Central Bank of Nigeria has said that the huge loan loss provisions made by deposit money banks in their third quarter financial result as against the apex bank's initial recommendation was due to more information gathered by the new management of the banks that failed its stress test.

  • Leadership Nigeria: First Black American University Opens ICT Centre in Abuja

    One of the oldest black American private universities from the south-eastern USA - Raleigh, North Carolina, known as the Shaw University, has opened an information centre in Abuja.

  • Leadership Nigeria: NNPC Partners Private Sector Operators On Lekki Refinery

    The Nigerian National Petroleum Corporation, NNPC, has pledged its support for the establishment of the proposed Greenfield refinery in Lekki, Lagos State.

  • Leadership Nigeria: 2.5 Million Barrels of Oil Spilled in Niger - Delta DPR

    As the United Nations Environment Program (UNEP) begins inspection of Niger Delta communities which suffered pollution from oil spills, official sources at the Department of Petroleum Resources have put the total oil spilled in the region over the last two decades at 2.5million barrels.

  • Leadership Nigeria: Inter-Bank Rates in Upward Trend

    The nation's interbank lending rates increased to 10.8 per cent on the average last week from 2.5 per cent previously, after a large cash outflow for foreign exchange and treasury bill purchases.

  • Leadership Nigeria: The Nation Not Out of Global Financial Crisis - FG

    The Minister of Finance, Dr Mansur Muhtar, has said that Nigeria had yet to shake-off the effects of the global financial crisis, in spite of its growth rate."The Nigerian economy has shown greater resilience than most economies in the world," said Muhtar at the News Agency of Nigeria (NAN) Forum yesterday in Abuja.

  • Leadership Nigeria: Union Bank Cleans Books As Deposits Hit N729 Billion

    Union Bank of Nigeria Plc. has aggressively grown its deposits to N729.57 billion according to its half year unaudited group financial results for the year ended September 30, 2009.

  • Leadership Nigeria: Collaboration - Banks, Insurers Urged to Tackle Meltdown

    An insurance expert has called on the nation's banks and insurers to work together in tackling the challenges of the economic crisis in the country, in order to bring about the progress of the economy.

  • Leadership Nigeria: PTDF Worried Over Snail Pace of Work at Petroleum Institute

    The Petroleum Technology Development Fund (PTDF) has decried the slow space of work at the College of Petroleum Studies, Kaduna, close to the Kaduna International Trade Fair Complex.

  • Daily Champion Nigeria: 12 Jostle for Imo Varsity VC

    Search for a substantive vice chancellor for the Imo State University (IMSU), has been intensified, barely a year after Prof. Anthony Okere was named acting head of the university. Okere took over in acting capacity from Prof, Chukwuka Okonkwo on December 24, 2008.

  • Daily Champion Nigeria: 17 Dead-Ladoja Supporters Get Mass Burrial

    The 17 pro-Ladoja politicians, who were roasted to death in a ghastly auto crash in Oyo State over the weekend, were yesterday given mass burial at the Sango Cemetery, Ibadan. At least two persons slumped on sighting the carcass roasted bodies of their loved ones.

  • Daily Champion Nigeria: NUT Explains Disparity in Teachers' Salaries

    The Kebbi Nigerian Union of teachers (NUT) has attributed the disparity in salary of teachers to the inability of some teachers to obtain minimum teaching qualification.

  • Leadership Nigeria: Investors Undermine Expertise in Solid Minerals Sector - Minister

    Minister of Mines and Steel Development, Diezani Allison-Madueke, has said that investors coming to the country to work in the solid mineral sector were responsible for the country's lack of expertise in the sector.

  • Leadership Nigeria: Yuletide Celebrations - Challenges And Expectations [analysis]

    Uduak, a top flight secretary with one of the major foreign airlines based in Abuja, has been looking forward to this particular trip. After a whole year of hard work, waking up early in the morning, staying long hours at the office and having to cope with the fast paced life in a cosmopolitan city like Abuja, the Christmas and New Year holidays are rather special.

  • Leadership Nigeria: Seven Million Commuters Ply Lagos Roads Daily -Lamata

    The managing director of the Lagos Metropolitan Area Transport Authority (LAMATA), Dr. Dayo Mobereola has said that an estimated 7 million passengers ply Lagos roads on a daily basis, which forced it to develop a transport master plan.

  • Leadership Nigeria: Eight Years After, 44 Sacked Unilorin Lecturers Return

    Fortune smiled on the way of 44 out of the 49 sacked University of Ilorin lecturers as the Supreme Court yesterday ordered their reinstatement with full benefits.

  • Leadership Nigeria: Banks Sanitation - CBN Sets Assets Management Company

    The Central Bank of Nigeria (CBN), yesterday announced plans to put in place an assets management company in conjunction with the Federal Ministry of Finance, which would take impaired assets off the banks' balance sheets and replace them with government guaranteed bonds.

  • Leadership Nigeria: FG Faults Omel On Pledges

    The federal government of Nigeria has said ONGC-Mittal Energy Ltd, or Omel, has fallen short on pledges to develop the African nation's infrastructure in exchange for rights to explore oil and gas in two blocks awarded to it in 2006.

  • Daily Champion Nigeria: Ship Owners Fear Environmental Tax

    Shipping companies, already crippled this year by a global trade slump, fear that the Copenhagen climate summit will deliver another hit: a tax on bunker fuel, the thick, sulfuric low-grade oil that powers ships.

  • Daily Champion Nigeria: Lagos Drivers' Institute Receives Equipments to Aid Training

    The management of Lagos Drivers' Institute has received the consignment of 30 automatic and manual simulators and two truck simulators to aid the training and re-training of drivers at the institute.

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