By Stanley Opara Wednesday, 16 Feb 2011 The adoption of the International Financial Reporting Standards will guarantee better working condition for employees in Nigeria, analysts at KPMG Professional Services have said. They said IFRS covered all types of employee benefits while the Nigerian Statement of Accounting Standards addressed only retirement benefits. […]

By Ademola Alawiye Wednesday, 16 Feb 2011 As the picketing by the Nigerian Labour Congress enters the third day, industry watchers urge the NLC and the bank to desist from further actions that may be prejudicial to industrial peace and harmony in the banking sector. Ademola Alawiye analyses the ongoing crisis […]

By Ademola Alawiye Wednesday, 16 Feb 2011 The Central Bank of Nigeria has intervened in the foreign exchange market, offering $200m for sale at the foreign exchange auction. According to information obtained by our correspondent on Wednesday, the total amount sold at the Wholesale Dutch Auction System was $200m while the […]