Business

Buhari Orders NNPC To Take Over Operation Of OML 11 From Shell

President Muhammadu Buhari has ordered the Nigerian National Petroleum Corporation to take over the operatorship of the entire Oil Mining Lease 11 from Shell Petroleum Development Company. According to a letter from State House, Abuja,  to the Group Managing Director of NNPC, dated March 1, 2019, with reference number SH/COS/24/A/8540 and signed by the Chief of Staff to the President, ...

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After Ethiopia Crash Horror, Some Nations Ground Boeing 737 MAX 8s

Investigators in Ethiopia found two black box recorders on Monday that will help piece together the final moments of an Ethiopian Airlines plane before it plunged, trailing smoke and debris, and crashed killing 157 people. China and Indonesia grounded their fleets of Boeing’s 737 MAX 8 aircraft on Monday, although most major airlines continued to fly the plane. The disaster ...

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I’m Happy Helping Others To Develop Their Brands, Says Addo-Owusu

Haulat Afolabi Like a diamond in the sun, Mrs. Emma Addo-Owusu glowed, as she took a retrospective look at her selfless efforts, down the lane. Looking straight ahead in deep contemplation, she heaved a sigh of relief and at the same time beamed with smiles. “It’s been amazing to have the opportunity of contributing meaningfully to people’s lives,” she said, getting ...

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What Buhari has to do to take Nigeria’s economy to the next level

Nigerians celebrate the announcement of Muhammadu Buhari’s victory. But can he deliver jobs this time round? EPA/Stringer Stephen Onyeiwu, Allegheny College One of the main reasons newly-elected Nigerian president Muhammadu Buhari had been widely expected to lose his bid for a second term was the poor state of the country’s economy. Under his presidency, Nigeria’s unemployment rate more than doubled, ...

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I Didn’t Resign, My Tenure Expires In June, Says Emefiele

The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, on Tuesday dismissed claims in some quarters that he had been asked to proceed on terminal leave. There had been speculations that President Muhammadu Buhari had asked the apex bank boss to proceed on terminal leave. The leave according to some online media was to last for three months ...

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Poll Results: Stock Market Investors Lose N170bn In Two Days

The nation’s stock market recorded sustained losses totalling N170bn in two days, following the announcement of the results of the presidential election. Investors lost N84.4bn on Tuesday and N85.6bn on Wednesday, erasing the gains recorded in previous sessions before the elections. The market recorded early gains on Wednesday but dropped below the 32,473.82 basis points, which the market closed with ...

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Traditional CV Is Dying As Employers Leverage New Technology To Find Ideal Candidates

In the next three years, top HR executives and employers have asserted that the biggest impact on recruitment will be Technology Augmenting the Hiring Process. In other words, how technology will make the hiring process more effective through easier filtering and more accurate matching. This discovery, along with other invaluable insights into the evolution of the job market has been pioneered ...

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Dangote, Imouhkuede Launch Africa Business Coalition For Health

… receive endorsement from African Heads of State An ambitious platform designed to bring together business leaders in Africa to collaborate with heads of government and other stakeholders to tackle basic health challenges in Africa has been launched in Addis Ababa, Ethiopia with assurances from government to collaborate for a healthier Africans. The platform, African Business Coalition for Health (ABC ...

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PENGASSAN Moves To Strengthen Industrial Relations 

Raymond Ozoji, Awka The Port Harcourt zone of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has held a two-day conference geared towards strengthening and improving industrial relations. At the conference, PENGASSAN concurred that industrial disharmony and strike actions were not the most veritable options in the pursuance of better working conditions for members. Rather the survival ...

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Lafarge Africa Rewards Distributors, Pledges Support For Their Business Growth

In a bid to celebrate high performers and support the business growth of its trade partners, leading cement manufacturer and building solutions provider, Lafarge Africa, has rewarded its performing trade partners for excellent performance in the year 2018. The Customer Appreciation Awards which held in three cities including Gombe, Ibadan, and Enugu, celebrated customers who distribute Lafarge Africa’s range of ...

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