Curb Bonuses in Straitened Times

ON the face of it, the bonus pool arrangement for staff at asset manager Coronation appears to be a good thing.

 

The plan dates back to 2003, shortly before the investment company listed. Coronation stipulated that it would set aside 30% of its pre-tax profits every year for staff, to be paid into a "bonus pool".

Ogiame Ikenwoli, Olu of Warri during Coronation assures subjects, Neighbours on Transparent Reign

WARRI—The Itsekiri monarch, His Majesty, Ogiame Ikenwoli, the Olu of Warri, has vowed not to betray the confidence and trust of his subjects, promising to provide true and transparent reign.

 

The Olu, in his first post coronation media briefing, yesterday, at the Aghofen Palace, Warri, Delta State, highlighted peace building and good neighbourliness as priorities in his reign agenda.