A record number of Americans are renouncing their citizenship as they seek to remove the burden of filing complicated and costly tax returns simply for living in another country. According to Bloomberg News, just over 1,000 Americans gave up their nationality in the three months from January to March. That’s a significant increase from the 670 who did so in the same time span last year, and it’s already one third of the way to matching the total number of Americans who renounced their citizenship in 2013.
Updated 5 Years ago

Twitter announced that it's introducing a "muting" feature, which lets users "edit" their Twitter experience and hide certain users and their tweets from view. Now might be the time to improve your tweeting skills.--Twitter
Updated 5 Years ago

Not long ago, a business major asked me to recommend business books that had changed my life. I can name plenty of great books, but books that changed my life? Those had to make a lasting impact on how I think and act, which makes the list much shorter. Each of the following books meets that standard. In certain situations, I immediately flash back to a particular book and think, "I know exactly what to do."
Updated 5 Years ago

A major manufacturer of cement in the country, Dangote Cement Plc, has explained that the recent increase in the price of the commodity is due to low production of the commodity is as a result of turnaround maintenance of some plants and gas shortage. However, the company said it had released nine million tonnes of cement into the market in a bid to prevent the commodity’s price from soaring.
Updated 5 Years ago

Microsoft, United States (US) based software firm is setting its sights on $50 billion affordable device market after only recently completing its acquisition of the Nokia Devices and Services business. The technology company intends to the deliver the first mobile experience to the next billion people while introducing Microsoft services to new customers around the world. The acquisition has however been approved by Nokia shareholders and by governmental regulatory agencies around the world. The completion of the acquisition marks the first step in bringing these two organisations together as one team. “Today we welcome the Nokia Devices and Services business to our family. The mobile capabilities and assets they bring will advance our transformation,” said Microsoft chief executive officer, Satya Nadella.
Updated 5 Years ago

Abuja— Four weeks after the Nyanya bomb blast that claimed 74 lives and injured many others, the identities of the masterminds of the blast were made public by the Department of State Services, DSS, yesterday. Parading the suspects at its headquarters in Abuja, DSS Deputy Director of Public Relations, Marilyn Ogar, announced that the bombing was masterminded by one Rufai Abubakar Tsiga, described as a Boko Haram leader and assisted by one Aminu Sadiq Ogwuche, an army deserter and son of a retired Nigerian Army officer.
Updated 5 Years ago

The President of Dangote Group of Companies, Alhaji Aliko Dangote, has expressed his desire to step down as President of the Council of the Nigerian Stock Exchange (NSE), THISDAY has learnt. Confirming this in a phone interview, Dangote said he informed the council of the NSE yesterday of his desire to step down, adding that his decision was informed by the need for him to focus on his company’s expansion drive in Africa, as this would free him to properly position his varied interests on the continent.
Updated 5 Years ago

Senate President, David Mark, Monday urged operators in the banking sector to be lenient with the small and medium scale enterprises (SMEs) by scaling down the stringent conditions required to access finance in commercial banks. Stressing that the small and medium scale enterprises form the backbone of many developing nations which had made great strides in the world, he said the harsh and unbearable terms which are normally handed down by banks to small businesses seeking support needs to be addressed.
Updated 5 Years ago

Senate President, Senator David Mark, Monday said in Beijing, China, that Nigeria would spare no resources at its disposal in the fight against insurgency in the country. According to the The News Agency of Nigeria (NAN), Mark stated this at an interactive forum with members of the Nigerian community in Beijing.
Updated 5 Years ago

According to IFAD, Nigeria will pay service charge for unutilised funds returned at the expiration of IFAD-assisted Community Based Natural Resource Management Programme (CBNRMP) next year. IFAD Country Programme Officer in Nigeria, Dr Ben Odemena, disclosed this at the weekend, urging regulators of the sector to ensure they put the funds to judicious use. The CBNRMP projects, which are co-sponsored by federal government and Niger Delta Development Commission (NDDC), are operational in Abia, Akwa Ibom, Bayelsa, Cross River, Delta, Edo, Imo, Ondo and Rivers.
Updated 5 Years ago