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The data leak will increase pressure to clamp down on tax avoidance. THIS week was uncomfortable for a host of well-heeled figures. In the frame were U2’s Bono, America’s commerce secretary, Wilbur Ross, and Britain’s Queen Elizabeth, as well as some of the world’s most valuable companies, including Apple and Nike. All these, and many... Continue Reading →
The biggest diamond ever sold at auction has been snapped up for £25million, disappointing experts would thought the 163-carat whopper might go for twelve million more. The 163.41-carat diamond, suspended from an emerald and diamond necklace called The Art of Grisogono, sold tonight to an anonymous telephone bidder at the Christie's autumn jewel auction in... Continue Reading →
Scarcity: Why Having Too Little Means So Much. By Sendhil Mullainathan and EldarShafir. Times Books; 288 pages; $28. Allen Lane; £20. Buy from Amazon.com. THE authors of this book both study people for a living—often people who lack money. They may be vegetable sellers in Chennai, India, who borrow money at dawn and repay with... Continue Reading →
Naira Remains Strong as CBN Pumps in $195m ABUJA – The Central Bank of Nigeria has continued its sustenance of FOREX liquidity by injecting another $195 million into the inter-bank Foreign Exchange Market, even as the Naira maintains its strength. The $195 million intervention was made on Monday, November 13, 2017. Figures released by the... Continue Reading →
One of the reasons why heists capture popular imagination is the modus operandi. In a recent heist at a bank, the inspiration appears to be a movie — Shawshank Redemption. Staffers of the Bank of Baroda's Juinagar branch in Navi Mumbai were in for a shock on Monday after they realised robbers decamped with valuables from 27... Continue Reading →
His Excellency, the Governor of Nasarawa State, Umaru Tanko Al-makura, in continuation of Nasarawa state Government's policy to ensure payment of pensioners and their entitlements, has approved the 5th in the series of the payment of retirement benefits to retired State Civil Servants. Thus, the following beneficiaries are to report to Nasarawa state pension Bureau... Continue Reading →
Professor Umar Danbatta, executive vice chairman of the Nigerian Communications Commission (NCC), said that the broadband agenda remains top priority on its developmental agenda for the nation’s ICT sector.The EVC said that optimal deployment of broadband infrastructures through the Infraco model in the face of existing broadband infrastructure challenges is critical to driving broadband... Continue Reading →
The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele says the dogged implementation of the Bank’s policy, which restricts importers of certain items access to foreign exchange from the Nigerian Forex market, has led to improvements in the domestic production of those items and a reduction in Nigeria’s import bill. Delivering the 2017 Annual... Continue Reading →
Mr. President, on behalf of my colleagues, Distinguished Senators of the Federal Republic of Nigeria and Honourable Members of the House of Representatives, I welcome you and members of your Executive team to this joint session of the National Assembly.What a delight it is to see you looking so well and rejuvenated, Mr. President. We... Continue Reading →
Following the directive of the Hon. The Chief Justice of Nigeria and Chairman of the National Judicial Council, Hon. Mr. Justice W. S. N. Onnoghen, GCON, to the Heads of Court to compile and submit a compendium of all corruption cases being handled by their various jurisdictions. 1, 124 (One Thousand, One Hundred and Twenty-nine)... Continue Reading →
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