Chris Ngige, minister of labour and productivity, says President Muhammadu Buhari has approved the membership of the proposed national minimum wage committee. Ngige, who briefed reporters on Thursday after meeting with the president, also said discussions with the affected parties would decide whether the N56,000 national minimum wage being demanded by workers “is achievable”. The […]
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Samsung Electronics Co Ltd on Thursday announced a new chief financial officer (CFO) to be in charge of one of Asia’s biggest corporate cash piles. It said it would create a body within the firm to coordinate with tech affiliates. The announcement follows the appointment of a new generation of top managers this week. The […]
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The Minister of Finance, Mrs. Kemi Adeosun, on Tuesday said about N797.51 billion revenue generated from Value Added Tax (VAT) between January and October was transferred into the Federation Account. Adeosun released details of the 2017 VAT collection in a statement by her Special Media Adviser, Mr Oluyinka Akintunde in Abuja, She said that the […]
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Nigeria has moved up 24 places to 145th in the World Bank’s ‘Doing Business’ report published today, and for the first time the country is recognized as one of the top 10 most improved economies in the world. The World Bank Doing Business project provides objective measures of business regulations and their enforcement across 190 […]
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Oil markets were firm on Monday, with Brent crude opening above $60 per barrel on expectations an OPEC-led production cut due to expire next March would be extended. Brent crude oil futures, the international benchmark for oil prices, were at $60.63 per barrel at 0018 GMT, up 19 cents or 0.3 per cent from their […]
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A Nigerian company, Oldang International Limited, on Sunday launched the sales of solar-powered tricycles to enhance public transportation in the country. The company’s Chief Executive, Mr Olubunmi Oluwadare, said at the launch in Lagos that the solar- powered, fuel-less tricycle popularly called “keke” would gradually phase out petrol engine tricycles across the country. “Oldang Electric […]
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On 11th and 12th of November, 2017, creative consultant and Stylist, Shiona Turini, will be at the GTBank Fashion Weekend to discuss Digital Age Fashion at the Masterclass. When fashion meets fashion, the outcome is usually a massive explosion. Creative Consultant, Freelance Fashion Editor and Stylist, Shiona Turini, will be there live at the GTBank Fashion […]
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The proposed M. K. O Abiola International Airport in Ido-Osun, Osun, will cost N69 billion under a concession arrangement with an indigenous company, AWOL International, an official has said. Niyi Ogundiran, the Director of Public Building in Osun State Ministry of Works, gave the figure at a meeting with members of the state Assembly in […]
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British designer, Giles Deacon, will be at the GTBank Fashion Weekend to give a Masterclass filled with insights, drawing from his experiences, challenges, and success as a fashion illustrator. What does it take to start—and, more importantly, sustain—a new fashion brand? This is a question that is pertinent on the mind of fashion entrepreneurs and […]
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Abike Dabiri-Erewa, the Senior Special Assistant to President Muhammadu Buhari on Foreign Affairs and Diaspora, has appealed to the Central Bank of Nigeria, CBN and Attorney-General of the Federation, AGF to extend the time for Nigerians in Diaspora to obtain their Bank Verification Number (BVN). She also urged the them to put modalities and logistics […]
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