Home / BUSINESS / Finance

Category Archives: Finance

Feed Subscription

If 15 ex-govs, 40 others stole N1.34tn in eight years –FG How how many are in Jail?

If 15 ex-govs, 40 others stole N1.34tn in eight years –FG How how many are in Jail?

NEWSZENTS: The Federal Government has alleged that 55 former government functionaries and top businessmen stole N1.34tn from public treasury in eight years. Minister of Information and Culture, Alhaji Lai Mohammed, made the allegation at a press conference to announce a ...

Read More »

China: Former Shanghai vice mayor expelled from office, Party

NEWSZENTS: FORMER vice mayor of Shanghai Ai Baojun was expelled from the Communist Party of China (CPC) and removed from office for “serious discipline offenses,” authorities said Tuesday. The decision was approved by the CPC Central Committee and the State ...

Read More »

Iranian government’s tax incomes to rise 14%

Iranian government’s tax incomes to rise 14%

Iranian President Hassan Rouhani’s economic strategy is to significantly reduce the government’s dependency on oil and instead collect tax more systematically, Ali Kardor, the deputy managing director of the National Iranian Oil Company said on October 2015. “For the first ...

Read More »

Iran: Inflation hits almost 14%

Iran: Inflation hits almost 14%

The inflation rate for the 12-month period ended on the last day of the seventh Iranian calendar month of Mehr (October 22) was 13.3 percent, IRNA reported on Thursday. That was while the Statistical Center of Iran had put the ...

Read More »

NIGERIA: Finance Minister Adeosun meets W/Bank, AfDB, IMF country directors

NIGERIA: Finance Minister Adeosun meets W/Bank, AfDB, IMF country directors

The Minister of Finance, Mrs. Kemi Adeosun, has met the Country Directors of the World Bank, Rachid Benmessaoud ;  IMF, Gene Leone; and the African Development Bank(AfDB) Dr. Dore Ousmane with a view to maximizing the working relationship between the ...

Read More »

EFCC : Ibrahim Magu replaces Lamorde as Chairman.

EFCC : Ibrahim  Magu replaces Lamorde as Chairman.

Ibrahim Magu a staff of EFCC is now the new boss of EFCC. The former Chairman Lamorde has been removed. Lamorde had a great time with EFCC as deputy of Nuhu Ribadu and eventually became the face of the organization ...

Read More »

Senator Marco Rubio who could not manage his Credit Card Payment wants to manage $40 trillion economy

Senator Marco Rubio who could not manage his Credit Card Payment wants to manage $40 trillion economy

NewsZents.com NY. Senator Marco Rubio who could not manage his Credit Card Payment wants to manage $40 trillion economy, this is a big question for the GOP candidate. Surging Republican presidential candidate Marco Rubio sought to tamp down an escalating ...

Read More »

UK bank to axe 15,000 jobs, seeks US$5.1b

Source: AFP | November 4, 2015, Wednesday | PRINT EDITION ASIA-FOCUSED British bank Standard Chartered said yesterday that it would axe 15,000 jobs and raise US$5.1 billion in capital after posting a “disappointing” third-quarter loss as it struggles to return ...

Read More »

JPMorgan to Remove Nigeria From Emerging-Market Bond Indexes

JPMorgan to Remove Nigeria From Emerging-Market Bond Indexes

PMorgan Chase & Co. has excluded Nigeria from its local-currency emerging-market bond indexes tracked by more than $200 billion of funds, after restrictions on foreign-exchange transactions prompted investor concerns about a shortage of liquidity. The first phase of removing Africa’s ...

Read More »
Scroll To Top