Business

‎ Nigeria is on the verge of another fuel crisis and a nationwide blackout of unimaginable proportion as workers of the Nigerian National Petroleum Corporation, NNPC, Wednesday, shut down the activities of the corporation nationwide over the ‎unbundling exercise. The workers, under the aegis of the Petroleum and Natural Gas …

Twenty-two people have now died in the collapse of a five-storey building under construction in an upmarket area of Nigeria’s biggest city Lagos, a rescue official said Wednesday. “We recovered four more bodies today when we resumed operations, bringing the total death toll so far to 22,” Ibrahim Farinloye, from …

President Muhammadu Buhari on Tuesday approved the immediate unbundling of the Nigerian National Petroleum Corporation, NNPC, into seven independent operational units. The Minister of State for Petroleum Resources, Ibe Kachikwu, who announced the unbundling of the national oil company in Abuja, said five of the seven operational units will be …

Workers in the Niger State civil services have expressed shock at the decision of the state government for sack 6,000 “casual” and “ghost workers” in the state. The workers were left out of the payroll after the state government organised screening of workers in December, through a consultant, to determine …

No fewer than three persons are feared dead and several cars and motorcycles set ablaze as Hausa and Yoruba traders clashed at the popular Mile 12 Market in Lagos State.It was gathered that the foundation for the clash was laid on Tuesday after a Hausa commercial bike rider knocked down …

Russian President Vladimir Putin said Wednesday that he had sealed a pact with the country’s oil majors to freeze production as proposed last month by Moscow and Saudi Arabia to curb slumping prices. “Yesterday we met with the management of our leading oil firms, and on the whole an agreement …

PricewaterhouseCoopers (PwC), a professional service firm, has called on local and international investors to shift attention to Nigeria’s mining sector in view of the declining revenue from oil. It said the Nigerian mining sector has huge potentials which have not been fully utilized saying that it can become the next …

The Economic and Financial Crimes Commission, EFCC, has arraigned the immediate past Interior Minister, Abba Moro, on an 11-count charge bordering on obtaining by false pretence, procurement fraud and money laundering. Moro was arraigned before Justice Anwuli Chikere of the Federal High Court, Abuja, alongside three others for their roles …

Nearly 100 Indian schoolchildren were hospitalised with suspected food poisoning Thursday after eating a free midday meal at a government-run school near Mumbai, police said, adding that some were in a critical condition. “Ninety-seven have been admitted to hospital, a few of them are critical. They started vomiting after eating …

It’s pretty incredible how often you hear managers complaining about their best employees leaving, and they really do have something to complain about—few things are as costly and disruptive as good people walking out the door. Managers tend to blame their turnover problems on everything under the sun, while ignoring …