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Nigeria
Concerns Over Development Bank Bill (1)
Many people who hear that the National Development Bank of Nigeria (NDBN) is to be set up to provide low-cost loans to SMEs scratch or shake their heads, wondering what has happened. Although, some Development Finance Institutions are said to be in the red and are non-performing, some stakeholders go ...
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Nigeria
NUT Posts N85.62m Benefit In Niger
Nigeria Union of Teachers, Niger State Social Security Scheme, Endwell Micro Finance bank has posted N85.62 million profit with three years, climbing the ladder of the most formidable Micro finance bank in Nigeria. Addressing a news conference Preceding the Annual General meeting in Minna, the chairman of the board of ...
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Nigeria
92 CSOs Threaten To Shut Down NASS Over SGF
92 Civil Society Organisations (CSOs) have threatened to besiege the National Assembly should the Senate fail to tender an unreserved apology to the Secretary to the Federal Government (SGF), Babachir Lawal, within 48 hours adding that they will not allow the image of “iconic leaders to be dragged to the ...
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Finance news you need to know today
ABU Dhabi’s Etihad Airways, citing “an increasingly competitive landscape,” says it is making an unspecified number of lay-offs.
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Israele
Israel's largest bank plans shake up in medium-sized business lending
Business in Brief | Menora, Altshuler Shaham mulling merger of mutual funds businesses; Bino cuts Paz stake to 11% in 700-million-shekel share sale; Tel Aviv shares end higher, led by biomed.
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Thailandia Indonesia Singapore Vietnam Filippine
Understanding the challenges in developing future leaders
Thai business is at a crossroads. The rapidity of information, the advancement of communication and technology, the great diversity in the workforce and thriving Asean markets all reinforce the dramatic change that holds great promise but also poses major challenges. Meeting these challenges requires proactive learning and adaptation as well ...
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USA Giappone
Explosions, fires point to need for e-cigarette recall, senator says
U.S. Sen. Charles Schumer is increasing the heat on the federal government to consider recalling e-cigarette batteries and devices that explode and catch fire, injuring users. Schumer, a New York Democrat, has called e-cigarettes “ticking time bombs” and said they continue to cause injuries including severe burns. At a press ...
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Giappone
Yahoo seen cutting cost corners with security tech discredited long before massive hack
In the summer of 2013, Yahoo Inc. launched a project to better secure the passwords of its customers, abandoning the use of a discredited technology for encrypting data known as MD5. It was too late. In August of that year, hackers got hold of more than a billion Yahoo accounts, ...
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Giappone
Huge 2013 North Dakota oil spill still not cleaned up despite round-the-clock effort
Three years and three months later, a massive oil spill in North Dakota still isn’t fully cleaned up. The company responsible hasn’t even set a date for completion. Though crews have been working around the clock to deal with the Tesoro Corp. pipeline break, which happened in a wheat field ...
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Giappone
IranAir pares Airbus order, including 12 superjumbo A380s
IranAir has trimmed its planned order from Europe’s Airbus to 100 planes, partly by dropping superjumbo A380s, the flag carrier’s head said on Sunday, confirming an adjustment first reported by Reuters. “Although the nominal value of the contract for 118 Airbus planes had been announced at $25 billion, the A380 ...