The Federal Government yesterday reaffirmed its commitment to reposition Nigeria to attract foreign investments as well as development programmes that will deliver a better life to its citizens.

The country attracted investments worth Sh36.7 billion against a target of Sh23.5 billion in the first quarter of the current financial year.

Growing competition in the financial sector has forced banks to develop new strategies to win the market and compete successfully.

Capital One has withdrawn its best-buy balance transfer credit card, emphasising an on-going downward spiral in the market

In a statement issued on Friday, the company said the Lucknow plant will see a block closure from November 10-15 to adjust production to demand. There will be no wage cut for employees during this period and the off days

A government committee that is looking into the possibility of pre-marketing price negotiation for patented medicines is likely to recommend a lenient view on such medicines, it is learnt. A government committee that is looking into the possibility of pre-marketing

Recruitment-related HR executives are being moved to other HR functions like training and development and other day-to-day HR functions, or being taken on contract. If things worsen, there could also be layoffs. Companies like Wipro, Infosys, TCS and iGate, too,

Looking for crumbs from Obama doesn't say much for India Shining.

If you look at the broad numbers, industrial growth in the first five months of this year was 5 per cent, compared to 10 per cent a year earlier. As for next year, the International Monetary Fund has in the

Singh's discussions with the heads of state in Oman and Qatar are likely to be on sourcing feedstock for the joint venture fertiliser company in Oman as also liquefied natural gas for use back home, officials said. Talks in Muscat,

With endowment values and charitable gifts likely to decline, the process of setting next year's tuition fee low enough to keep students coming, but high enough to support operations, is trickier than ever, a media report said on Saturday. Dozens

The expatriates get between $15,000 to 18,000 salary per month besides perquisites such as five-star hotel accommodation and business class conveyance to their home country. Earlier, around Diwali, Jet had sacked about 1,000 temporaray staff but later rescinded its move

Since the acquisition by Tata Steel in January 2007, which catapulted the domestic steel major to the world's sixth, this is the first layoff announced by the Corus.

The Financial Times quoted senior officials as saying that Chinese hackers had penetrated the White House computer network on multiple occasions and obtained e-mails between government officials. They, however, conceded that it was extremely difficult to trace the exact source

Don't wait till it's too late to wonder about that aftertaste.

Margin is a dangerous game.

Search, satellites, and supermarkets owned the week that was.

Warren Buffett avoids five types of stocks. Maybe you should, too.

Revising the lessons of Garry Kasparov's historic loss to an IBM computer.

It takes courage to be contrary, but it sure pays off.