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Reuters: Business News

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  • Six months into the U.S. tariffs on imported aluminum and steel, Caterpillar Inc is finding that one of the best ways it can protect profits is a cost cutting strategy that is more than two years old.

  • Unemployment near a 20-year low screams at the U.S. Federal Reserve to raise interest rates or risk a too-hot economy. The bond market, not far from a state that typically precedes a recession, says not so fast.

  • Alphabet Inc's Google gave details about its policies for third-party Gmail add-ons but stopped short of fully addressing questions from U.S. senators about developers who break its email-scanning rules.

  • Asian stocks extended gains on Friday after Wall Street's S&P 500 set a new all-time high, while the dollar slipped on views that Beijing's and Washington's fresh exchange of tariffs may be less damaging than initially feared.

  • Walmart Inc said that it may hike prices of products if the Trump administration imposes a tariff on Chinese imports, according to a letter the company wrote to U.S. Trade Representative Robert Lighthizer two weeks ago and seen by Reuters on Thursday.

  • Facebook Inc said on Thursday that it would no longer dispatch employees to the offices of political campaigns to offer support ahead of elections, as it did with U.S. President Donald Trump in the 2016 race.

  • Tesla Inc's vice president of global supply management, Liam O'Connor, has resigned, Bloomberg reported https://www.bloomberg.com/news/articles/2018-09-20/tesla-is-said-to-lose-supply-management-chief-as-exodus-worsens, citing sources familiar with the matter.

  • Adobe Systems Inc on Thursday agreed to buy Marketo Inc for $4.75 billion from private equity firm Vista Equity Partners Management, adding heft to its cloud-based digital marketing business.

  • Trade-sensitive industrial stocks led the Dow Jones Industrial Average to a record closing high on Thursday, the last of Wall Street's main indexes to fully regain ground since a correction that began in January. All three major U.S. indexes closed higher as trade worries subsided. Technology companies led the Nasdaq higher, along with the S&P 500, which also hit a new closing high.

  • Canada and the United States showed scant sign on Thursday of closing a deal to revamp NAFTA, and Canadian officials made clear Washington needed to withdraw a threat of possible autos tariffs, sources said.

  • Welcome to the official website of the School of Business Studies (SBS). Over the years the Departments under SBS has graduated hundreds of gallant graduates. As the Dean it is my greatest honour to have you here and will be glad to see you develop interest on the courses that the departments under the School offers. Enjoy your experience as you surf through our Website

    THE DEAN - MR. OLABISI OLASEHINDE

    General Background
    The School of Business Studies took off with the Departments of Accountancy and Secretarial Studies with less than 100 students. The number of departments has now increased to seven, as listed below:

    • Accountancy
    • Banking and Finance
    • Business Administration and Management
    • Marketing
    • Office Technology and Management
    • General Studies
    • Purchasing and Supply

    SBS HOLDS HER 10TH ANNUAL INTERNATIONAL CONFERENCE TAGGED:

    ANTICIPATED CHANGE(S) IN NIGERIA ROLES OF TERTIARY INSTITUTIONS

     CLICK ON THE IMAGE FOR DETAILS OF THE CONFERENCE

    The departments admit and graduate students in their respective disciplines, with the exception of the General Studies Department, which services all departments in the Institution. Each department offers programmes leading to the award of National Diploma and Higher National Diploma.

    Objectives
    The National Diploma programme is aimed at producing diplomates with sound theoretical and practical skills necessary to carry out a number of activities in the business world effectively. At the Higher National Diploma level, the programme is designed to produce middle/high level business management personnel for both public and private business enterprises. At the end of the programme, the diplomats should be able to function:

    • as middle-level managers and captains of industries;
    • in government organizations and parastatals in order to enhance the economic growth of the country;
    • as private entrepreneurs, setting up their own business and managing them effectively;
    • as top management personnel in small and medium-sized organizations.


    Entry Requirements for National Diploma
    The minimum entry requirement into the National Diploma (ND) Programme in the School of Business Studies is five credit passes in the Senior School Certificate Examination (SSCE) or National Examination Council (NECO) at not more than two sittings. The subjects must include English Language (Literature-in-English and Oral English are not accepted in place of English Language), Mathematics and three other subjects from Economics, Business Methods, Principles of Accounts, Literature-in-English, Commerce, History, Statistics, Geography, Government, Agric. Science/Biology. However, a candidate may be admitted into the Office Technology and Management
    Department if he has:

    • Grade II Teachers Certificate with five (5) Credits including English Language and Mathematics at not more than two sittings; or
    • an RSA/WAEC Business Studies Certificate Stage II in Shorthand, Typewriting, English Language, Mathematics and one other subjects at not more than two sittings; or
    • five credit passes in the relevant subjects in the National Business and Technical Examinations Board (NABTEB).

    Entry Requirements for Higher National Diploma
    The minimum entry requirements into the HND programme in the School of Business Studies include:

    • all the requirements for admission into the ND programme in Business Studies;
    • a minimum of Lower Credit Pass (CGPA of 2.50) in ND Business Studies or related programme; and
    • a minimum of one year post-ND cognate work experience in Internship.

    In exceptional cases, ND diplomats with a Pass (CGPA of 2.00 – 2.49) in the ND examination, with two or more years of work experience in the specific field may be considered for admission into the HND programme.