Google Sued Over Sex Discrimination

Three women who used to work at Google have filed a lawsuit against the technology giant, alleging it pays women less than men for comparable work. The suit says Google is aware of the situation, but has not moved to fix it. It comes as companies in Silicon Valley face growing scrutiny over gender relations. Google is also under investigation by the US Department of Labour over its pay practices. “It is time to stop ignoring these issues in tech,” said Kelly Ellis, a former software engineer at Google and…

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“I Am Not Interested In Politics, People Should Stop Dropping My Name For 2019 Presidency” – Dangote

Aliko Dangote has reacted to a report that a Peoples Democratic Party (PDP) think tank set up by former president Goodluck Jonathan has contacted him to contest in the 2019 presidential election under its platform Tthe President/Chief Executive Officer (CEO), Dangote Group said: “I am an entrepreneur. My passion is to create jobs for Nigerians and not otherwise.” “I am not interested in politics and this is authoritative. No member of any think tank committee has contacted me. People should stop dropping my name for the 2019 presidency. This whole thing is an attempt by people who do…

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4 Best-Kept Secrets Of Business Success

Business success typically requires hard-work, commitment and dedication. However, there are a couple of secrets, the knowledge of which can help significantly drive business success. Jumia Travel, the leading online travel agency, shares 4 best-kept secrets of business success. Have a Worst-to-Best Scale The best way to avoid bad business decisions is to first recognize them, and one of the best ways to do this is by evaluating your business on a worst-to-best scale. Once you are able to recognize bad business decisions, it will be easier to eschew them,…

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Wealthy Tax Evaders Must Declare Assets In 90 Days – Osinbajo

It won’t be business as usual for tax evading wealthy Nigerians as the Federal Government Monday said it had given tax evading wealthy Nigerians and corporate bodies 90 days to declare their taxable income and pay appropriate taxes or face the full wrath of the law. The ultimatum came through Vice-President Yemi Osinbajo during the 57th Annual Conference of the Nigerian Bar Association (NBA) in Lagos, where the state Governor, Mr. Mr. Akinwunmi Ambode, called for a review of the country’s revenue allocation formula. Osinbajo had in June 2017 signed…

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Naira Loses Against Dollar At Parallel Market

The naira on Thursday continued to fall against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports. The Nigerian currency lost one point to exchange at N368, weaker than N367 posted on Wednesday, while the Pound Sterling and the Euro closed at N478 and N432. At the Bureau De Change (BDC) window, the naira was sold at N363 to the dollar, while the Pound Sterling and the Euro closed at N478 and N432. However, the naira appreciated at the investors’ window, exchanging at N361.17 stronger than…

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Egypt Begins Bitcoin Trading

 Egypt’s first bitcoin exchange will go live later this month, the founders of Bitcoin Egypt said. The founders linked the Middle East’s most populous country with a cryptocurrency that has surged in value in recent months. Many governments around the world are still mulling how to regulate and classify bitcoin, a volatile digital currency that has captured the interest of speculative investors worldwide. Its value has soared,roughly quadrupling since the start of 2017 and trading at around 4,400 dollars on Thursday. Egypt, most of whose 93 million people have no…

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Dangote To Invest $450m To Agric Business In Niger

President of Dangote Group, Alhaji Aliko Dangote, on Monday said the company would invest $450 million in agriculture in Niger State over the next three years Dangote, who made this known during the 2017 Niger State Investment Summit in Minna, said the funds would be used to establish a large scale rice processing mill to process over 200, 000 metric tonnes of paddy rice. He said that a state-of-the-art fully integrated sugar refining industry would also be established. “Our company is also establishing a state of the art fully integrated…

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NSE Market Capitalisation Hits N13trn Mark

The Nigerian Stock Exchange (NSE) market capitalisation on Tuesday hit the N13 trillion mark, barely three weeks it crossed N12 trillion market, amid Nestle gain. Market capitalisation appreciated by N164 billion or 1.27 per cent to close at N13.097 trillion against N12.933 trillion achieved on Monday. Similarly, the All-Share Index improved by 474.12 points or 1.26 per cent to close at 37,999.50 compared with 37,525.38 points posted on Monday. Nestle topped the gainers’ table with a gain of N94.93 to close at N1,154. 93, following investors reactions to its half…

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Ngozi Okonjo-Iweala Receives 2017 Aspen Institute Madeleine Albright Award

Former Minister of Finance Ngozi Okonjo Iweala was awarded the 2017 Aspen Institute Madeleine Albright award on Friday. Iweala, who is the co-chairperson of the Global Commission for the Economy and Climate, made the announcement on her Twitter. She shared photos of the event, where she spoke about how technology is enabling development. See photos below:  

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Naira Sustains Momentum As CBN Pumps In $195m Into Forex Market

The stability of the Naira in the foreign exchange market continued Monday as Central Bank of Nigeria (CBN) intervened in the market with a total of $195 million. A breakdown of this showed that while it offered $100 million in wholesale auction at the interbank foreign exchange market, it also intervened in the Small and Medium Enterprises (SMEs) and invisible segments, with the sum of $50 million and $45 million, respectively. Confirming the figures, the CBN Acting Director, Corporate Communications, Mr. Isaac Okorafor, reiterated that the bank’s intervention was in…

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