The Nigeria Labour Congress (NLC) has alleged that some state governors are still defaulting in payment of workers’ salaries despite the bailout funds recently provided by the Federal Government. Labour also alleged that some of the state governors might be conniving with commercial banks to perpetrate the non-payment of salaries under the guise that the affected states were indebted to ... Read More »
Category Archives: Business
FAAC Ranks Anambra State As The 1st In South East And 4th In Nigeria
Anambra State has been ranked as one of the best states in the federation that have successfully adopted and complied with the International Public Sector Accounting Standards (IPSAS). A recent report published by the Federation Accounts Allocation Committee (FAAC) scored Anambra highly among the States that have complied and domesticated the National Charts of Accounts and Development of Accounting Policies ... Read More »
Refineries To Operate At 90% Capacity After TAM – NNPC
The General Manager, Services, of the Nigerian National Petroleum Corporation (NNPC), Mr. Abubakar Muhammed, has said the nation’s four refineries would operate at 90 per cent capacity on completion of the ongoing Turn Around Maintenance (TAM). Muhammed gave the assurance at the ongoing four-day international conference of the Society of Petroleum Engineers (SPE) and exhibitions on Tuesday in Lagos. The ... Read More »
EL-RUFAI ORDERS CLOSURE OF ALL STATE ACCOUNTS; BANKS TO REMIT BALANCES TO CBN
Kola Popson Kaduna State Governor, Mallam Nasir El-Rufai, has ordered that all state accounts with various banks be closed to pave way for the implementation of the Treasury Single Account (TSA) initiative, which will take off by 1st of September this year. This information was made available through an official statement signed by the Special Assistant on Media and Publicity ... Read More »
July Was The Most Rewarding Month of 2015 So Far – Tony Elumelu Foundation CEO
July was undoubtedly the busiest and most rewarding month of 2015 so far. Remember when our founder Tony O. Elumelu CON dubbed this year the ‘Year of African Entrepreneurship’? That certainly came to fruition from July 10-12 when we hosted 1,000 African entrepreneurs at the Tony Elumelu Entrepreneurship Programme (TEEP) inaugural bootcamp. With 2 days of intense networking and development ... Read More »
BUHARI APPOINTS KACHIKWU AS NEW NNPC GMD
President Muhammadu Buhari has appointed Dr. Emmanuel Ibe Kachikwu as the new Group Managing Director (GMD) of the Nigeria National Petroleum Corporation (NNPC). Kachikwu, who hails from Onicha Ugbo in Aniocha North Local Government Area of Delta State, is a First Class Graduate of Law from the University of Nigeria, Nsukka and the Nigerian Law School. He also has a ... Read More »
DEBT ALLEGATION: ABIKE DABIRI WRITES TO PUNCH FOR CLARIFICATION
The Editor Punch News Paper Dear Sir, RE: EMEKA OFFOR, ABIKE DABIRI’S FIRMS, OTHERS OWE BANKS N143.81BN I was thoroughly embarrassed to see my picture on the front page of Punch Newspaper that Thriller Endeavor Company, claiming me as a director, owes about 100 Million Naira to Diamond Bank. I know nothing about the said company, Thriller Endeavor, ... Read More »
CCPL HOLDS 12TH EDITION OF ITS VALUES ORIENTED MONTHLY TRAINING FOR BUSINESS PEOPLE
Customer Passion Point Limited (CPPL) held her July 2015 edition of the Monthly Training Programme for Business People. It was the 12th and anniversary edition. What began as a mission to help Nigerian businesses, large and small, to build staff capacity to win in the Nigerian business space, is fast becoming a phenomenon that cannot be ignored. The monthly training ... Read More »
Make Jonathan’s Handover Report Public, House Of Reps Tell Buhari
Members of the House of Representatives on resumption from a two-week have asked President Muhammadu Buhari to publish the handover report transmitted to by his predecessor, President Goodluck Jonathan in the official gazette of the federation. The lawmakers passed the resolution after extensive debate on the motion sponsored by Uzoma Nkem- Abonta, who noted that the request was in line ... Read More »
Tony Elumelu Foundation Releases The Most Comprehensive Report On African Entrepreneurship At The Global Entrepreneurship Summit (GES)
Dear African Entrepreneur, The Global Entrepreneurship Summit (GES) in Nairobi, Kenya was a historic occasion for entrepreneurship. Our Chairman and Founder of the Tony Elumelu Foundation, Tony O. Elumelu CON was one of a number of select businessmen and investors from around the world who joined US President Barack Obama to address emerging African entrepreneurs like you. The Tony Elumelu Foundation recognizes that one ... Read More »