2014 University Lecturers Salary Scale in Nigeria

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2014 University Lecturers Salary Scale in Nigeria Find below the Salary Scale and remunerations as obtainable by Lecturers and some other staffs  in Nigerian Universities; POSITION SALARY SCALE EMOLUMENT PER ANNUM i Professor CONUASS 7 (N4,580,349 – N6,020,163.00)p.a. ii Reader CONUASS 6 (N3,768,221 – N5,004,750.00)p.a. iii Senior Lecturer CONUASS 5 (N3,091,505 – N4,455,506.00)p.a. iv Lecturer I […]

6 Bad Habits you need to cultivate for your business to succeed

Written By Kadzem Claude Do you know that some of the best business men and women all over the globe are people with poor habits? Shocking right? The interesting thing is that all successful entrepreneurs have this in common. In fact, success in business to some extent demands that you build some of these habits. […]

Strong Corporate Governance Drives Wema Bank’s Profit Q1

Strong corporate governance drives Wema Bank’s profit Q1 Wema Bank Plc has posted a profit before tax of N590.7 million in its first quarter financial result ended March 31, 2014 from a loss before tax of N853.4 million in March 2013, representing 169.2 percent increase. The bank’s profitability is driven by her loyal stakeholders and […]

Zenith, Unity Record Pre-tax Profit Increase in Q1

Zenith, Unity record pre-tax profit increase in Q1 In separate filings on the Nigerian Stock Exchange (NSE) on Thursday, Zenith and Unity banks declared increases in pretax profit for the first quarter (Q1). Zenith Bank said its first-quarter pretax profit rose to N28.91 billion ($179 million), up from N28.87 billion in the same period last year. Gross […]

Google Disappoints Investors As Advert Rates Decline

Google’s shares have declined over concerns that its advertising rates are declining despite posting higher overall revenues. Google on Thursday, reported consolidated revenues of $15.42bn for the quarter ended March 31, 2014, an increase of 19 per cent compared to the first quarter of 2013. Profits were also up by three per cent to $3.45bn. […]

CBN Mandates Branches to Supply Lower Currency to Public

CBN Mandates Branches to Supply Lower Currency to Public The current shortage of lower naira denominations will soon be over as the Central Bank of Nigeria, CBN has directed all its branches across the country to deal directly with the public, including business owners, in an effort to resolve a lingering scarcity of lower denominations […]

Ecowas Central Banks Seek Uniform Computation of bad Loans

Ecowas Central Banks Seek Uniform Computation of bad Loans Banks within the West African sub-region will soon have a uniform format for computing bad loans. This was part of the  decision taken at the meeting of  the Committee of  central bank Governors  under the West African Monetary Zone held in January. According to the January […]

Stakeholders condemn planned merger of aviation agencies

Stakeholders condemn planned merger of aviation agencies Industry operators and other stakeholders, including the labour unions, have expressed strong disapproval of plan by the federal government to merge the Nigerian Civil Aviation Authority (NCAA), the Nigeria Airspace Management Agency (NAMA) and the Nigeria Meteorological Agency (NIMET) into a single entity, the Federal Civil Aviation Authority […]

Nigeria’s new GDP status: Lagos maintains position as the nation’s commercial nerve center

Nigeria’s new GDP status: Lagos maintains position as the nation’s commercial nerve center Nigeria is now Africa’s largest economy, a position previously held by South Africa. Nigeria recorded a 89.22% growth in her Gross Domestic Product (GDP) which amounted to $509.9bn (80.22 trillion Naira), automatically emerging as the largest economy in Africa and 26th in […]

Naira appreciates against dollar at official, black markets

The naira appreciated against the dollar at the three segments of the foreign exchange on Friday, the News Agency of Nigeria (NAN) reports. At the official market, the naira was N155.68 to the dollar on Friday against the N155.74 rate on Monday, indicating a gain of 6 kobo. At the Bureau De Change, the naira […]