ILO: 21m People Now Victims of Forced Labour

ILO Headquarters   Nearly 21 million people are victims of forced labour across the world, the International Labour Organisation (ILO) has said. According to new ILO global estimates, three out of every 1,000 people worldwide are trapped in jobs into which they were coerced or deceived and which they cannot leave. A statement released weekend […]

Nigeria-US Oil Exports Rose to $34bn in 2011

Crude oil exports from Nigeria to the United States rose to $34 billion in the year 2011; from $31 billion and $19 billion in 2010 and 2009 respectively. Within the same period, the figures for non-oil export rose from $101 million in 2009 to $115 million and $150 million in 2010 and 2011 respectively. These […]

Trustfund Pays N14bn to 38,000 Pensioners in 8 years

Trustfund Pensions Plc said it has paid a total of N13.99 billion to 37,536 pensioners under the new contributory pension scheme. The amount, according to the company, covers the period between July 2004 and April 2012. Acting Managing Directing, Trustfund Pensions, Mrs. Helen Da-Souza, gave the figures at an interactive session with the National Union […]

Stock Market Records 6.4% Growth in 5 Months By Goddy Egene

NSE DG, Oscar Onyema Hopes of a positive growth in the Nigerian stock market this year are still alive as the market recorded a growth of 6.4 per cent between January and May 2012. The Nigerian Stock Exchange (NSE) All-Share Index, which is the major gauge for measuring the aggregate growth in the market, rose […]

W’Bank Bemoans Low Level of Intra-trade in Africa

The World Bank has expressed concern over the low level of trade among countries in Africa, even as it described the situation as a ‘self inflicted wound.’ The Washington-based institution insisted that improving trade among nations in the continent would bring about increased revenue generation and growth for nations in the continent. World Bank Director […]

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