Nigeria is most dangerous country to drive in – FRSC
The Federal Road Safety Corps (FRSC) on Thursday said available record rated Nigeria as one of the most dangerous countries to drive in the world. Boboye Oyeyemi, corps marshal/chief executive…
Reps stop AMCON on sale of banks’ assets, 32 tank farms
House of Representatives on Thursday told Assets Management Corporation of Nigeria (AMCON) to immediately halt the sale of assets of banks and companies that failed to meet their financial obligations…
FIRS identifies over 200 non- compliant oil, gas companies
Federal Inland Revenue Service (FIRS) has identified over 200 oil and gas companies that have not filed in returns for 2015. Consequently, the FIRS has written to them directly or…
Current policy regime inconsistent with growth, job creation, poverty reduction – Soludo
The current foreign exchange policy regime has been described as inconsistent with objective of growth, job creation and poverty reduction. Indeed, the data from National Bureau of Statistics (NBS) equally…
Illegal mining: Nigeria loses N8trn biennially – Senate
As the Muhammadu Buhari-led administration grapples with fall in prices of crude oil, which account for over 70 percent of the nation’s foreign exchange earnings, it has been revealed that…
Ambode, US envoy, others point way to deepening democratic culture in Nigeria
Governor Akinwunmi Ambode of Lagos State has said that a life of service to humanity and exemplary leadership is urgently needed to deepen the democratic culture in Nigeria. Ambode made…
LAMATA implements new measures against Mile 12 gridlock
One week after the launch of the Mile 12-Ikoroddu Bus Rapid Transit (BRT) classic operations with 434 buses rolled out, the Lagos Metropolitan Area Transport Authority (LAMATA) says it is…
Middleby Corp Stock Takes a Dive After Earnings Miss — What’s Next?
Middleby (NASDAQ:MIDD), the top manufacturer of commercial kitchen equipment, saw firsthand just how fickle the market can be. After the company missed earnings expectations by $0.02 per share, investors responded…
Go Small or Go Home? Retailers Turning to Downsized Stores for Growth
Retailers are facing some challenges as shopping patterns change and sales dollars move online. Younger shoppers in particular are more inclined to look for good value in their shopping experience.…
Why TASER International, Arcos Dorados, and CONSOL Energy Jumped Today
Image source: TASER International. The stock market added to its gains for the week on Wednesday, pushing higher as investors chose to take the latest minutes from the Federal Reserve’s…