BUSINESS
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GE to cut 12,000 positions in power unit
Embattled industrial giant General Electric announced Thursday it would cut approximately 12,000 blue collar and white collar jobs in its…
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9mobile MiFi subscribers lament over depletion of data
Some 9mobile MiFi subscribers on Monday expressed concern over the depletion of their data, in addition to the rising costs…
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Export Proceed Delay: FG move to sanction banks, exporters
The Federal Government has said it will henceforth sanction Deposit Money Banks, exporters and other stakeholders involved in the delay…
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Discos set to deploy meter bypass trackers
Power consumers who bypass their meters may start facing sanctions by paying penalties as soon as electricity distribution companies have…
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UK to help stabilize Zimbabwe’s currency
Britain could take steps to stabilize Zimbabwe’s currency system and extend a bridging loan to help it clear World Bank…
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Nestle India fined $96,500 over substandard Maggi noodles
Authorities in northern India have fined Swiss food giant Nestle $96,500 after food inspectors found contamination in samples of its…
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AfDB to create 25m jobs for African youths
The President, African Development Bank Group (AfDB), Dr. Akinwumi Adesina, has launched the Presidential Youth Advisory Group (PYAG), an initiative…
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Network of Enterprising Women Nigeria (NEWN) concludes annual seminar and trade fair
Network of Enterprising Women of Nigeria (NEWN) has concluded its annual seminar and trade fair in Lagos with the official…
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CBN sack bank directors with non-performing loans, says NDIC
Central Bank of Nigeria have sacked a number of bank directors following cases of insider abuse relating to non-performing loans, it…
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Banks, telcos set to bar accounts, GSM lines linked to fraud
The Central Bank of Nigeria in collaboration with the Nigerian Communications Commission is developing a legal framework that will enable…
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