Justice James Agbadu-Fishim of the National Industrial Court, NIC, Lagos, has dismissed the case of unpaid gratuity and allowance involving Fidelity Bank Plc and Andrew Awoyemi, a former staff of the bank. While striking out the case at Court 1 of NIC,Ikoyi on Friday, Agbadu-Fishim held that both the claim and counterclaims lack merit. In…
StarTimes Secures Rights to FIFA World Cup Games
StarTimes is set to thrill its sport loving subscribers with new sport channels and exclusive live sporting action on its digital TV platform. The company has secured exclusive rights to screen various pulsating FIFA World Cup football games to excite its Nigerian subscribers and offer them fantastic sports actions and entertainment. The games are the…
FG Inaugurates Africa’s First Global Investment Office
The Federal Government of Nigeria has inaugurated the United Nations Industrial Development,UNIDO, Organisation’s first global Technology and Investment Promotion Office in Nigeria, on Tuesday, April 28, 2015. Establishment of the Nigeria ITPO, the first to be located in sub-Saharan Africa, is a product of the discussions and negotiations between Olusegun Aganga, the Minister of Industry,…
CIBN Wins 22nd WCBI Hosting Right
The Chartered Institute of Bankers of Nigeria has won the right to host the 22nd World Conference of Banking Institutes, WCBI, which will take place in 2017. The biennial conference for all the banking institutes across the globe commenced in Edinburgh Scotland, in 1975, as part of activities to commemorate the Centenary celebrations of the…
NSE Partners CECP to Walk Against Cancer
The Nigerian Stock Exchange, NSE, in partnership with the Committee Encouraging Corporate Philanthropy, CECP, is set to embark on a fun-filled five-kilometre walk, run and jog competition on May 16, 2015 in Lagos. The initiative, according to Bola Adeeko, head of NSE’s corporate services, is to promote teamwork, corporate wellness and to create awareness for…
Ife Business Schools Holds Lecture
The Ife Business School, an institution that prepares individuals for careers in modern business, is set to hold its 2nd Distinguished Lecture and Award Series. Titled, “The State of our Nation,” the lecture, which is scheduled to hold on Thursday, April 30, 2015 at the Conference and Guest Houses of the Obafemi Awolowo University, Ile-Ife,…
Ukraine: Fighting Continues Despite Truce
Fierce fighting has continued between government troops and pro-Russian rebels in east Ukraine, despite renewed diplomatic efforts to enforce a truce. Ukraine officials said six government soldiers were killed in the past 24 hours and army positions were fired on 26 times near the rebel stronghold of Donetsk. The rebels said one of their fighters…
Dangote Targets 30% of Cameroon’s Cement Market
Dangote Group says its targeting to control more than 30 per cent share of Cameroon’s cement market by the close of the year given the acceptance of its brand, Dangote 3X cement, launched into the market earlier this year. The company made an inroad into Cameroon in 2012 with the commencement of the construction of…
CBN, Banks to Bar Bad Debtors from Purchasing Forex
The Central Bank of Nigeria, CBN, and banks, under the aegis of the Bankers Committee have decided to bar bad debtors from purchasing foreign exchange in the inter bank foreign exchange market. Committee which comprises of the top management of CBN, Nigeria Deposit Insurance Corporation, NDIC, and chief executives of banks took the decision on…
Saudi Recalls Ambassador To Sweden
Saudi Arabia has recalled its ambassador to Sweden amidst a row over military ties, Sweden officials say. “We were informed yesterday [Tuesday] that Saudi Arabia had called back its ambassador,” said Swedish foreign ministry spokeswoman Veronica Nordlund. Earlier this week, Sweden said it plans to end a long-standing defense co-operation deal between the two countries.…
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