We’ve all underestimated employees–or just people in general–but the cost surely wasn’t as high as when Nike let Stephen Curry slip through its fingers to land with Under Armour. When Curry entered the NBA, he signed an endorsement deal with Nike. That’s far from uncommon; nearly three-fourths of NBA players …
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Blow for British steel industry as Tata to sell plants
Indian steel giant Tata Steel on Wednesday put its British business up for sale, placing thousands of jobs at risk and striking a heavy blow to the crisis-hit steel industry. Tata said in a statement that trading conditions had “rapidly deteriorated” in Britain and Europe due to a global oversupply …
Read More »Nigeria, China trade volume hits N2.9trn
The trade volume between Nigeria and China has hit N2.9 trillion. This was revealed during a courtesy visit by the Chinese ambassador to Nigeria,Xiaojie Gu , to the Minister of Science and Technology, Dr. Ogbonnaya Onu in Abuja. According to the envoy, the latest trade volume was recorded as at …
Read More »How workers perpetrate fraud at Murtala Muhammed International Airport
The level of corruption by government officials in Nigeria appear not to be abating,even under the ‘Change general’,President Muhammadu Buhari, known for his zero tolerance to corrupt practices.Although corruption is in every sector of economy and runs deep in the veins of the people,the activities of workers at the Murtala …
Read More »Tinubu vs Kachikwu: Arewa youths berate Tinubu
Northern youths under the auspices of Arewa Intergrity Youth Forum (AIYF), have taken a swipe at the National Leader of the All Progressives Congress, APC, Sen. Bola Tinubu over comments berating the Minister of State for Petroleum, Mr. Ibe Kachikwu concerning the ongoing fuel crisis in the nation. The group …
Read More »Unilever Nigeria plc’s PAT run rate improves in Q4 over Q3
Unilever Nigeria Plc released its results for the year ended 31st December 2015 where it recorded a considerable leap in Profit After Tax (PAT) from its third quarter (Q3) 2015 position of N141million to close the year with PAT of N1.19billion. The company also recorded turnover of N59.2 billion for …
Read More »No More Whatsapp, Facebook For BlackBerry Users
Social media and instant messaging applications Facebook and Whatsapp will no longer be available to users of Blackberry, Nokia and Windows phones by the end of 2016.Whatsapp, an instant messaging application owned by Facebook, was the first to make the announcement after it celebrated the seventh year of it’s existence …
Read More »Ambode/Buhari Campaign Billboards Debts Leave Outdoor Ad Coys On The Brink Of Collapse
More than 70 outdoor advertising companies contracted to handle the Ambode/Buhari campaign billboards in Lagos are still waiting to get paid their dues from the APC, with practitioners revealing that they are enduring a choking debt burden. “The companies that ensured that Buhari and Ambode billboards took over 95% …
Read More »Mass Sack of Workers loom as NBL, Guinness, NBC, 7UP, Flour Mills, Wampco, others give notice of sack
ORGANISED Labour on Wednesday raised alarm that the food, beverage and tobacco sector of the nation’s economy was on the verge of shutting down and that over three million jobs were at risk due to the inability of companies to source foreign exchange for raw material importation to facilitate operations. …
Read More »BREAKING: Senate passes 2016 budget
The Senate has passed the 2016 budget, with an unprecedented reduction in the budget’s total. President Muhammadu Buhari presented a N6.08 trillion proposal in December 2015. The Senate passed N6,060,677,358,227 trillion budget after considering its conference report on the budget. It was the first time since 1999 that the …
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