business-news

By benim
In Egypt
Feb 14th, 2011
0 Comments
55 Views
Cairo – Switzerland has frozen whatever assets Hosni Mubarak and his associates may have there, and anti-corruption campaigners are demanding the same of other countries. But experts say hunting for the deposed Egyptian leader’s purported hidden wealth – let alone recovering it R...
By benim
In Europe
Jan 13th, 2011
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52 Views
Unlike Julian Assange’s first appearance in a British court, the judges have now lifted the tweet ban. Court reporting in its full 140 character flower is being permitted to bloom. And boy did they tweet. It was a grey morning outside the court. Tweetpics show reporters rugged up and looking mi...
By benim
In Sci/Technology
Dec 20th, 2010
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43 Views
Google TV is apparently encountering a bit of static that has resulted in a programming change. A host of TV manufacturers has been expected to unveil new Internet-ready TVs at the Consumer Electronics Show in Las Vegas next month. But Google has asked them to delay their plans so it can overhaul the...
By benim
In Business
Dec 13th, 2010
1 Comment
34 Views
AS the controversy surrounding the statement made by the governor of Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, about the budget of the National Assembly rages on, the CBN governor has declared that politicians in the country, particularly those who participated in the second and the...
By benim
In Uncategorized
Dec 2nd, 2010
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41 Views
* “Local mania” driving Internet powerhouses * Amazon invests in LivingSocial, EBay buys Milo.com * Google-Groupon deal in the works SAN FRANCISCO, Dec 2 (Reuters) – Amazon.com and eBay Inc are investing in local Internet services, jumping aboard the increasingly popular and lucrati...
By benim
In News
Nov 25th, 2010
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99 Views
Nigerian President Goodluck Jonathan will send a bill to parliament more than doubling the minimum wage, meeting union demands after a nationwide strike this month, a senior advisory council said on Thursday. The main labour unions in Africa’s most populous nation launched a brief warning strik...
By benim
In Crime & Corruption
Nov 25th, 2010
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95 Views
The motion by six top management staff of Intercontinental Bank, urging a Federal High Court in Lagos, to strike out the 23-count amended charge against them, was yesterday opposed by the Economic and Financial Crimes Commission (EFCC). The officials, together with some companies linked with the form...
By benim
In Analysis
Nov 8th, 2010
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42 Views
Is there money to be made in Africa? You bet. Just ask Walmart, which is offering more than $4 billion to buy a South African retail chain as its foothold into the fast-growing African market. And Coca-Cola has announced it will spend $12 billion over the next 10 years to improve its production and s...
By benim
In News
Nov 8th, 2010
0 Comments
337 Views
Nigeria’s two main labour unions called a three-day nationwide strike from Wednesday and threatened an indefinite stoppage over what they say is the government’s failure to adopt a $120 monthly minimum wage. The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) said the gov...