Daily Archives: February 11, 2013

Business Munir Abubakar

The new Employees Compensation Act (ECA) came into being in 2011, with the Nigeria Social Insurance Trust Fund (NSITF) and the Nigeria Employers’ Consultative Association (NECA) working to ensure the success of the scheme. However, in this interview, the Managing Director/Chief Executive Officer of NSITF,

National wild-fire

An early morning inferno yesterday gutted the Osogbo branch of the First City Monument Bank (FCMB) destroying valuable property. Although, it could not be ascertained whether or not the money deposited in the bank was lost to the inferno, it was gathered that the fire destroyed many valuable items belonging to the bank.

Editorial jamb-exams

The decision of the House of Representatives to reject the plan by the Joint Admissions and Matriculation Board (JAMB) to use Computer-Based Test (CBT) method for some of the candidates taking the Unified Tertiary Matriculation Examination (UTME) this year is timely and well thought out.

COVER NNPC Grop MD Andrew Yakubu

A showdown is imminent between the National Assembly and the Nigerian National Petroleum Corporation (NNPC) over a directive to the indigenous oil company to stop moves to obtain a $1.5 billion loan. NNPC Group Managing Director, Mr Andrew Yakubu,

National IGP-camouflage

The Inspector-General of Police, Alhaji Muhammad Abubakar has ordered the removal of Oyo State Commissioner of Police, Mr. Joseph Mbu over last week’s occupation of the palace and ancestral home of Ashipa of Oyo. Daily Sun had exclusively reported last week that 250 policemen, accompanied by two

COVER maina-pension

Embattled chairman of the Pension Reform Task Team Abdulrasheed Maina has explained that his decision to drag the Senate to court does not mean he has planned to ridicule government’s policy to transform the pension sector. A statement in Abuja on Sunday signed by the spokesperson of the task team,

Sports Eagles wit CUP

For winning the 29th edition of Africa Cup of Nations yesterday, the Super Eagles got a handsome reward of US$ 1.5 million prize money in addition to the trophy and the ticket to the 2013 FIFA Confederation Cup.

National Umeh-APGA

National Secretary of Conference of Nigerian Political Parties (CNPP) and a chieftain of All Progressive Grand Alliance (APGA), Willy Ezeugwu has said Chief Victor Umeh remains the party’s national chairman. Ezeugwu said this despite of a court pronouncement, which declared that the embattled national chairman of APGA,

BusinessWeek airport-terminal

The Federal Airports Authority of Nigeria (FAAN) says it has caught an airline passenger with a pistol in his luggage at the Murtala Muhammed International Airport in Lagos. Yakubu Dati, spokesperson for FAAN, said the passenger originally commenced his flight into Nigeria from the city of Maryland before connecting

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