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SURE: 74,000 jobs set aside for vulnerable groups

The coordinating minister of the economy, Ngozi Okonjo-Iweala has disclosed that 20 percent of the 370,000 jobs that will be created nationwide this year under the public works ... Full story

EU Leaders Torn over Greek Crisis

European leaders faced a damaging split Monday as a German plan to strip Greece of budget sovereignty overshadowed EU plans to focus on a deal on deficits and talk about jobs, reports AFP. ... Full story

Trading in FGN Bonds Rises By 116%

Trading in Federal Government Bonds at the secondary market rose by 116 per cent last week with investors staking N120.502 billion on 134.4 million units in 870 deals, up from N55.569 billion invested in 64.25 million units in 239 deals the previous week. ... Full story

Stockbrokers Advise NSE on Market Makers

Some dealing members of the Nigerian Stock Exchange (NSE) have advised the management of the Exchange that appointment of market makers should be based on merit and their capability to deliver. ... Full story

Cash Less Policy to Tackle Money Laundering, Says Osibodu

The Group Managing Director /Chief Executive of Union Bank of Nigeria Plc, Mrs. Funke Osibodu has said that the cash-less policy initiative that had been introduced in the system would go a long way to reduce activities of money laundering in the system. ... Full story

Naira Drops as Dollar Demand Outweighs Supply

The naira dipped against the United States dollar at both the Central Bank of Nigeria’s (CBN) Wholesale Dutch Auction System (WDAS) and the interbank segments of the forex market yesterday as a result of increased demand for the greenback mostly by ... Full story

FG secured N4.89tn investment committments in six months – Aganga

Between July and Decemeber 2011, a whopping investment package totalling N4.89tn had been secured from local and foreign investors by the ministry, statistics from the Ministry of Trade and Investment. ... Full story

NCAA threatens to ground distressed airlines

The Director-General, Nigerian Civil Aviation Authority, Dr. Harold Demuren, has threatned to ground airlines with poor financial status. ... Full story

Johnson bemoans $100m annual software importation

The Minister of Communications Technology, Mrs. Omobola Johnson, has bemoaned over $100m annually expended on the importation of software by the country. ... Full story

Delayed funds, bane of power generation in 2011’

Minister of Power, Prof. Barth Nnaji, has listed delay in release of budgeted funds and cash backing as major setbacks to stable power supply in 2011. ... Full story

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