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Amazon plans to hire 100,000 full time workers over the next 18 months, highlighting its ambitious expansion plans — and the sharp contrast the e-commerce powerhouse strikes against traditional brick-and-mortar retailers, many of which are cutting jobs and closing stores. Amazon has long been known for investing the money it ...

Japanese auto parts manufacturer Takata Corp. is expected to agree to plead guilty to fraud charges as early as Friday as part of a $1 billion settlement with the U.S. Justice Department to resolve the government’s investigation into deadly air bag ruptures, sources said. The settlement is also expected to ...

Olalekan Adetayo, Abuja The Presidency on Thursday said there was no truth in media reports suggesting that Nigeria has cut ties with Taiwan. It said the relationship between Nigeria and Taiwan had been at the level of trade representation and that had not changed. The Senior Special Assistant to the ...

Anna Okon A pool of young students drawn from various secondary schools in Lagos bared their minds about the fix Nigeria had fallen into for being a mono-product economy. Although barely in their teens, they understand the danger the country has been surrounded with and the challenges it is currently ...

Ifeanyi Onuba, Abuja The Federal Government on Thursday unveiled a new women empowerment programme to provide women in business with the opportunity to have access to market for their products, access to finance and capacity building. The Women In Investment and Enterprise Project, which was launched by the Minister of ...

Ifeanyi Onuba, Abuja The Federal Government has applied to the Central Bank of Nigeria for the issuance of an operational licence to the Development Bank of Nigeria preparatory to its commencement of operations. This was confirmed in a statement issued by the Director of Information in the Federal Ministry of ...

Stanley Opara The Nigerian Stock Exchanges has expressed optimism that the country’s economy will recover from its current recession this year with a modest Gross Domestic Product growth forecast of 0.6 per cent. The recovery, according to the bourse, will be driven by the vigour of fiscal policy implementation, with ...

IFE OGUNFUWA identifies some states with top business investment opportunities Nigeria is a home to people from diverse tribe  and one of the top 10 fastest growing countries in the world.  Nigerians are known for their resourcefulness, resilience,   and they offer good returns on investments. The country is full of ...

IMAGINE YOU ARE a 45-year-old long-distance lorry driver. You never enjoyed school and left as soon as you could, with a smattering of qualifications and no great love of learning. The job is tiring and solitary, but it does at least seem to offer decent job security: driver shortages are ...

UNIVERSITY EDUCATION IS designed to act as a slipway, launching students into the wider world in the expectation that the currents will guide them into a job. In practice, many people get stuck in the doldrums because employers demand evidence of specific experience even from entry-level candidates. Whether this counts ...