Just recently Sammy Krane was arrested in the united States for credit card fraud, here is another Nigeria Babalola Falemi, also know as Sauce Kid and Sinzu in the music industry. Sauce kid was sentenced to two years in federal prison after stealing USD15,388 during a visit last summer to […]
Skechers, a global lifestyle and performance footwear brand, has announced that in two separate rulings the United States District Court for the District of Oregon denied adidas’ motion for a preliminary injunction seeking to prevent Skechers from selling its Mega-Blade series of children’s shoes, and dismissed adidas’ claim against Skechers […]
In the data released by the Central Bank, Egypt’s inflation rate fell to 29.7% in May from 31.5% recorded in April, which is the first decline since the currency was devalued seven months ago. The data also revealed that year-on-year core inflation declined to 30.5% in May, down from 32.1% […]
Many a times, we read articles on stockbroker and news on stock and the investment they have made. The question however tallies in various people minds about who a stockbroker really is. Stockbrokers or Investment Advisors are professional occupation under the Finance Sector. Just like banking, a Stockbroker is a […]
Delta Property Fund Limited said Mr Caswell Rampheri, BA Law, LLB, Higher Diploma in Tax Law, has been appointed as independent non-executive director of the company. The companys said the appointment of Mr. Caswell Rampheri will take from 1 June 2017. Caswell Rampheri is the chief executive officer of Buna […]
GM South Africa said it will be cutting 600 jobs out of its total 1,500 staffers at its plant in the country. The company has finalized a deal that will see the company selling off its asset to exit South Africa. As quoted by Reuters news Agency, the National Union […]
Mr. George Tentee started his career as an Accountant with Agralind Nigeria Limited, an agro-allied company Ogun State where he was in charge of the company’s financial records, budget and cost analyses for about three years. He moved to join Donald Agu & Co. Chartered Accountants as an auditor and […]
French’s Total SA has just reopened its Carling Saint Avold petrochemical complex The expansive facility located in eastern France was closed for three years to undergo a transformation works. It would be recalled that in September 2013, Total announced that it would adapt the Carling site, investing close to €200 […]
Mobile payments company Fortumo says it is expanding its carrier billing services to three new African markets namely Ghana, Algeria, and Tanzania. All three markets where Fortumo has launched have extremely low credit card penetration: Algeria has about 6%, Ghana at 0.9% and Tanzania at 0.7%. This means while people […]
Cabela’s, a retailer and direct marketer of hunting, fishing, camping, and related outdoor merchandise said it recorded a total income decreased 16.7% to USD19.1 million compared to USD22.9 million in the year ago quarter. For the quarter, a total revenue decreased 3.4% to USD834.9 million, revenue from retail store sales decreased 3.9% […]