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Strike: VP, governors, labour meet today

By Chinyere Fred-Adegbulugbe Monday, 8 Nov 2010 Vice-President Namadi Sambo and state governors will meet on Monday (today) over the impending three-day warning strike by workers. The strike, which is scheduled to begin on Wednesday, is intended to protest the delay in the implementation of the N18, 000 new minimum wage […]

Economy recovering, but recession’s shadow is long

By RACHEL BECK and ANNE D’INNOCENZIO, AP Business Writers NEW YORK – Layaway, once the province of the poor, has gone mainstream. At the Mall of America in Minnesota, shoppers dart in for just one or two things. In New York, socialites do the unthinkable: They wear the same ball […]

Profiteering drags down indices, as index drops by 0.1%

By Udeme Ekwere Saturday, 6 Nov 2010 Profiteering activities of investors in the Nigerian Stock Exchange, pulled down major market indicators on Friday, partially erasing the previous day‘s gain. Specifically, the NSE‘s All-Share Index fell by 0.1 per cent or 21.56 points, to close at 24,800.47 down from 24,822.03 recorded the […]