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Minimum Wage: NLC to begin nationwide strike Nov.10

Stella Oyekunle, Abuja 05/11/2010 •Feds Govt sets up committee Following the breakdown of a tripartite agreement reached by the Federal and state governments, labour and private sector employers on the implementation of the new minimum wage, the Nigeria Labour Congress (NLC) has called for a three-day warning strike. The job […]

SEC probes culpability of NSE Consult in insider trading

FRIDAY, 05 NOVEMBER 2010 00:00 JOHN OMACHONU   •N1.6bn spent on dubious Coral Property Project •N10.4m spent on diesel in one month •More searches on companies used as fronts   The interim report of the forensic audit commissioned by the Securities and Exchange Commission (SEC) on the activities of the […]

Nigeria: 85% total public debt in local currency-DMO

By Peter OBIORA investadvocate Nov 05 2010 07.41 GMT Lagos (INVESTADVOCATE) – The Debt Management Office (DMO) has reported that 85 percent (85%) of total public debts of Nigeria is in local currency, while the remaining balances are in foreign currencies.   This was contained in the Report of annual National […]