Wednesday, October 20, 2021

Economy

October 20, 2021

Global investment flows reach $852 billion in 2021

After a big drop in 2021 caused by the COVID-19 pandemic, global foreign direct investment reached an estimated $852 billion in the first half of 2021.

October 19, 2021

Facebook to settle U.S. employment discrimination claims with $14.25 million

Facebook is accused of refusing to hire U.S. workers for jobs that were reserved for temporary visa holders.

October 19, 2021

Google faces fine of 20% of Russian annual turnover

Google is currently fighting a court ruling demanding it unblocks the YouTube account of a Russian businessman.

Google Hq
October 19, 2021

Chinese yuan weakens to 6.4307 against U.S. dollar

The yuan is allowed to rise or fall by two per cent from the central parity rate each trading day.

October 19, 2021

N22 Billion Fraud: Imagine Global owners Ajetunmobis buy Antigua and Barbuda citizenship

The documents showed that the couple had planned their disappearance months in advance to avoid suspicion amongst investors.

Bamise and Elizabeth Ajetunmobi
October 18, 2021

NGX opens week with N153 billion loss on MTNN, Nestle loses

The market breadth closed negative with 21 losers as against 19 gainers.

October 18, 2021

Amazon begins hiring for 23,000 seasonal jobs in California

The hiring is part of the company’s ongoing countrywide mass job drive to employ 150,000 people.

October 18, 2021

Trader nabbed with 23 sacks of adulterated grains in Jigawa

The suspect was arrested with 17 sacks of adulterated millet and six sacks of adulterated beans in the market.

October 18, 2021

I have paid N30 billion of Bauchi’s existing loan: Gov. Mohammed

The governor did not give details on the state’s debt portfolio, except that repayment was done at the ratio of N1.2 billion monthly.

Bala Mohammed
October 18, 2021

Investors in tears as Nigerian couple flees with N22 billion from Imagine Global Ltd

Several victims on social media detailed how they lost between low five figures to as high as N500 million.

Elizabeth Ajetunmobi and Bamise Ajetunmobi