Home Topics Swiss Bank
The Swiss bank, Credit Suisse, has stated in its Global Wealth Report 2019 that, for the first time, the number of rich Chinese people has surpassed that of wealthy Americans as both countries continue to produce millionaires at fast rates.
Oil prices fell on Wednesday on weak economic data from China and Europe and a rise in U.S. crude inventories, almost erasing the previous session’s sharp gains after the U.S. said it would delay tariffs on some Chinese products.
Some civil society organisations have called on President Muhammadu Buhari to find a replacement for Abubakar Malami, the attorney-general of the federation (AGF), over the payment of $15 million to lawyers he engaged for the repatriation of $321 million Abacha Loot.
Some concerned Civil Society Groups (CSOs) have urged President Muhammadu Buhari to live up to the expectations in the agreement reached with the Swiss Bank on the sharing of recovered asset of $321 million linked to the late Gen. Sani Abacha military junta.
A former Swiss bank manager pleaded guilty in a US court on Wednesday for his role in a $1.2 billion money laundering scheme involving Venezuelan state oil company PDVSA, the Justice Department announced.
Nigeria is the biggest loser of the $50 billion dollars illicit financial flows out of Africa annually, Minister of Finance, Mrs Kemi Adeosun, has said.
Oil prices rose on Wednesday on tightening supply and strong global demand although some analysts warned of a downward correction after a more than 13 per cent price rise in a month.
A trial exposing rampant corruption in the business of world football ended a day of testimony Wednesday with a defendant accused of making throat-slashing gestures to intimidate a key witness.
Manchester City’s appeal against their two-year ban from European competitions, could see them implicate Liverpool over allegations that the Reds hacked into their scouting database.
Mikel Arteta admitted Pierre-Emerick Aubameyang has erased any doubts about his commitment after Arsenal’s captain led by example with a double in their 3-2 win against Everton on Sunday.
Lagos Health Facility Monitoring and Accreditation Agency has shut down 20 health facilities in the month of January for non-compliance with regulatory standards.
Nigeria mourned on Sunday the 'untimely death' of footballer Kazeem Tiyamiyu locally known as Kaka after he was knocked down and killed by a car in an apparent hit-and-run.
A “bomb attack” on a rally in support of Ethiopian Prime Minister Abiy Ahmed injured nearly 30 people Sunday, a police official said, in the latest sign of instability ahead of elections in August.
The Bronze Bomber did not show up for his press conference after being taken to a local facility to be checked over.
The Federal Ministry of Health (FMoH), has promised to build the capacity of nurses and midwives in the country in order to ensure delivery of quality health care to Nigerians.
President Muhammadu Buhari has approved the enlargement of the Interim Management Committee (IMC) of the Niger Delta Development Commission (NDDC) from three to five.
The company is also reportedly working on allowing third-party music services like Spotify to run directly on its HomePod smart speaker, bypassing the need to stream them from an Apple device over AirPlay. Although the plans are thought to be in their early stages, Bloomberg says that the changes could arrive later this year in iOS 14 and in an update to the HomePod’s firmware.
Mr Adeyemi Olutoye, Founder of an online pharmaceutical shop, Drugstore .ng, says establishment of online pharmacies will address the shortage of drugs supply in Nigeria.