Business and Economy
Bullets from my FINANCIAL LITERACY class
The Financial Literacy Class has been on for almost two months and it has been eye opening. I mean, we are taught at school how to become good at our jobs or specialtys but no one is taught finacial matters and it is what levels everyone of us; whether rich, poor, politician, beggar, scientist, doctor. [...]
Finally Islamic banking or Interest-free banking begins
culled from Nigeria revolt After months of controversy generated by the introduction of the non-interest banking in the country, also known as Islamic banking, Jaiz Bank Plc quietly opened its doors for business on Friday, January 6, 2011 in Abuja, the Federal Capital Territory (FCT). The bank, which has its head office in [...]
NEVER AGAIN! Press statement from SAVE NIGERIA GROUP-SNG
TEXT OF A PRESS CONFERENCE BY SNG AND ALLIES ON THE CITIZENS ACTION AGAINST CORRUPTION AND BAD GOVERNANCE TUESDAY 17TH JANUARY, 2012 AT THE SNG SECRETARIAT. Gentlemen of the Press, Distinguished Ladies and Gentlemen, (1 minute silence in honour of all our fallen heroes, past and present) The general strike and citizens action which followed [...]
How Okonjo-Iweala Misled Jonathan with Figures…?
by Bayo Onanuga On the eve of Nigeria’s general strike to protest the removal of petrol subsidy in the country by the Goodluck Jonathan administration, I have been researching the archives, using the Freedom of Information law as cover, to find out how President Jonathan reached his present anti-people policy. It all started on 6 [...]
This really stinks – NIGERIA SENATOR’S SALARY PACKAGE!!!
Check out this email I received detailing the outrageous figures paid to a Nigeria Senator. Little wonder why everyone in Nigeria has political ambitions and will do whatever it takes to get there. Basic Salary (BS) – N2,484,245.50 Hardship Allowance @ 50% of Basic Salary – N1,242,122.70 (I love this kind of hardship) Constituency allowance [...]
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