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  • Schneider Electric off-grid, on-profit solutions to create social change in African rural communitie

    BiztechAfrica News updates
    30 Oct 2014 | 9:39 am
    Schneider Electric South Africa has set itself a target to create access to energy for 20,000 Africans by the end of this year. 
  • PDP Asks Tambuwal To Resign

    Essenceclue | Nigeria #1 Online Blog
    28 Oct 2014 | 6:41 pm
    The national leadership of the Peoples Democratic Party is pushing for the resignation of the Speaker of the House of Representatives, Mallam Aminu Tambuwal, who defected to the All Progressives Congress on Tuesday. Tambuwal had during plenary told his colleagues   that he heeded the calls of members of his constituency to dump the PDP. He also claimed that certain developments in the Sokoto State chapter of the PDP suggested that he could no longer continue to be a PDP member. The Speaker said, “Based on the provision of the 1999 Constitution, and having regard to the development of the…
  • Hub International to acquire assets of Laurus Strategies

    :: Research News Today
    Research News Today
    30 Oct 2014 | 9:42 pm
    Hub International announced that its Chicago-area region Hub International Midwest has entered into a definitive agreement to acquire the assets of Laurus Strategies from CSIG Holding Company.   Laurus is an employee benefits, human resources, and human resource information system (HRIS) global benefits consulting business. Terms of the acquisition were not disclosed. Closing of the acquisition is conditioned upon customary closing conditions, including the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, and is expected…
  • Obama urges progress in Myanmar ahead of rare roundtable (reuters)

    synopsis.TODAY™
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    30 Oct 2014 | 9:26 pm
    Share With Friends: | | Top News – World News Stories, News Feeds and News via Feedzilla. Read more here: World News Last Updated 30th October, 2014, 9:26 PM
  • Inferno looming: secrets of IS prisoner

    Bain Daily
    admin
    30 Oct 2014 | 9:37 pm
    Centuries-old ritual: A Shiite Muslim man flagellates himself during an Ashura procession to the Shrine of Imam Musa al-Kadhim in Baghdad’s northern suburb of Kadhimiya on Thursday. Photo: Kate Geraghty It came late. But in a brutal, chaotic country, the interrogation of Abu Hajjar was an intelligence success – of sorts. After weeks of torture, the prisoner spat out two crucial pieces of information. First, he revealed that within days, the northern city of Mosul, the country’s second largest, was to “become an inferno”; and second, he disclosed the location of a…
 
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    Essenceclue | Nigeria #1 Online Blog

  • PDP Asks Tambuwal To Resign

    28 Oct 2014 | 6:41 pm
    The national leadership of the Peoples Democratic Party is pushing for the resignation of the Speaker of the House of Representatives, Mallam Aminu Tambuwal, who defected to the All Progressives Congress on Tuesday. Tambuwal had during plenary told his colleagues   that he heeded the calls of members of his constituency to dump the PDP. He also claimed that certain developments in the Sokoto State chapter of the PDP suggested that he could no longer continue to be a PDP member. The Speaker said, “Based on the provision of the 1999 Constitution, and having regard to the development of the…
  • Akinjide Sold Ladoja To Patience Jonathan

    28 Oct 2014 | 6:37 pm
    A political group in support of the return of a former governor of Oyo State, Adebayo Alao-Akala, in 2015 on Tuesday alleged that the Minister of State for Federal Capital Territory, Jumoke Akinjide, was behind the move to ensure that another former governor, Rashidi Ladoja, emerged as the Peoples Democratic Party candidate. Ladoja is the National Leader of the Accord Party and the party’s governorship candidate. The PUNCH reported on Monday that Patience Jonathan had reportedly tried to persuade a PDP leader in Oyo State, Yekini Adeojo, as well as some governorship aspirants, including…
  • Kwankwaso Declares Says Jonathan Is Incompetent

    28 Oct 2014 | 6:26 pm
    The Kano State Governor, Rabiu Kwankwaso, on Tuesday formally declared his interest in vying for the Presidential ticket of the All Progressives Congress. At a rally held at the Old Parade Ground, in Abuja, the Presidential aspirant during the occasion, cast aspersions on the President Goodluck Jonathan-led Peoples Democratic Party administration, describing it as incompetent. He observed that Nigerians were today exposed to unimaginable hardship which, he said, was due to the failure of leadership at the highest levels. Kwankwaso noted that the looting of public funds had gone on unabated…
  • Court Jails Provost Five Years For Fraud

    28 Oct 2014 | 6:22 pm
    A Zamfara State High Court in Gusau has sentenced the Acting Provost of the College of Education (Technical), Gusau, Zamfara State, Dr. Bello Ahmed, to five years in jail for collecting illegal allowance from the institution. The Independent Corrupt Practices and Other Related Offences Commission had arraigned Ahmed for collecting double Duty Tour Allowance from the college for an official trip to attend a board meeting of the Joint Admissions and Matriculation Board, while also collecting an equal amount as DTA from JAMB, including sitting allowances, all totalling N385,000.00. This was…
  • Aminu Tambuwal Formally Defects From PDP To APC

    28 Oct 2014 | 6:11 pm
    The Speaker of Nigeria's House of Representatives, Aminu Tambuwal, has formally defected from the People's Democratic Party, PDP, to the All Progressive Party, APC. The speaker made the announcement at exactly 12.24pm today October 28th during the plenary session of the House. In a short speech, the speaker said his defection was born out of the yearning of his people in Sokoto state. There are speculations that he's planning to contest for governor of Sokoto State. The House has adjourned seating till December 3rd.
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    :: Research News Today

  • Hub International to acquire assets of Laurus Strategies

    Research News Today
    30 Oct 2014 | 9:42 pm
    Hub International announced that its Chicago-area region Hub International Midwest has entered into a definitive agreement to acquire the assets of Laurus Strategies from CSIG Holding Company.   Laurus is an employee benefits, human resources, and human resource information system (HRIS) global benefits consulting business. Terms of the acquisition were not disclosed. Closing of the acquisition is conditioned upon customary closing conditions, including the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, and is expected…
  • Rupee weakens on Fed decision

    Research News Today
    30 Oct 2014 | 9:41 pm
    Weakness in the rupee on Thursday was seen as temporary by the Street. It expects the currency to remain stable in the near term, on improving macro economic parameters.Experts see capital flows continuing in India due to higher growth, lower inflation and control over the fiscal and current account deficit (CAD).On Thursday, the rupee ended at 61.45 to the dollar as compared to the previous close of 61.36. This was sparked by concern on slower fund flows to emerging markets as the US Federal Reserve (Fed) moves closer to raising interest rates after putting an end to its bond-buying…
  • Increase in provisions pulls down IDFC’s net profit by 14% in Q2

    Research News Today
    30 Oct 2014 | 9:39 pm
    IDFC, the private sector infrastructure finance company, has posted a 14 per cent drop in net profit to Rs 421 crore for the second quarter of the current financial year, due to a sharp increase in provisioning and operating expenses. Compared to the same period a year before, provisioning, including that for bad loans, went up 459 per cent to Rs 281 crore. Operating expenses went up 43 per cent to Rs 197 crore.The net profit was marginally below Street estimates by four per cent, as a Bloomberg consensus estimate for the bank’s consolidated net profit was Rs 438.8 crore.Operating income…
  • Vijaya Bank raises Rs 500 cr via bonds

    Research News Today
    30 Oct 2014 | 9:37 pm
    Vijaya Bank has augmented its Tier-II capital by raising Rs 500 crore through an issue of unsecured redeemable non-convertible Basel-III compliant Tier-II bonds with a coupon rate of 9.15% per annum. The issue was fully subscribed and allotment was made today. The bank’s scrip closed 0.85% higher at Rs 47.25 per share on BSE. The bank has shareholders nod to raise additional equity capital of Rs 600 crore from the markets. Source: http://www.business-standard.com/article/finance/vijaya-bank-raises-rs-500-cr-via-bonds-114103001424_1.html
  • Andrew Sheng & Xiao Geng: American-made financial repression

    Research News Today
    30 Oct 2014 | 9:35 pm
    A generation of development economists owe Ronald McKinnon, who died earlier this month, a huge intellectual debt for his insight – introduced in his 1973 book Money and Capital in Economic Development - that governments that engage in financial repression (channelling funds toward themselves to reduce their debt) hamper financial development. Indeed McKinnon provided the key to understanding why emerging economies’ financial sectors were underdeveloped. At the end of his life, McKinnon was working on a related – also potentially groundbreaking – concept: a…
 
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    Bain Daily

  • Inferno looming: secrets of IS prisoner

    admin
    30 Oct 2014 | 9:37 pm
    Centuries-old ritual: A Shiite Muslim man flagellates himself during an Ashura procession to the Shrine of Imam Musa al-Kadhim in Baghdad’s northern suburb of Kadhimiya on Thursday. Photo: Kate Geraghty It came late. But in a brutal, chaotic country, the interrogation of Abu Hajjar was an intelligence success – of sorts. After weeks of torture, the prisoner spat out two crucial pieces of information. First, he revealed that within days, the northern city of Mosul, the country’s second largest, was to “become an inferno”; and second, he disclosed the location of a…
  • Could Lennox’s new album be her last?

    admin
    30 Oct 2014 | 9:34 pm
    Who’s that girl?: Annie Lennox has spent four decades in the public eye, but could her new album be her last? Photo: Robert Sebree Annie Lennox seemed nervous but talkative as she introduced her new album in a former London cinema at the rather fashionable end of Kensington. Slim, sleek and free of flashiness in dark pants and top, she confessed her songwriting had had little impetus since her 2012 marriage to gynaecologist Mitch Besser. “I’ve stopped writing because I’m too happy,” she said. Retirement seemed imminent (“I was thinking maybe it’s…
  • Police hunt armed robbers

    admin
    30 Oct 2014 | 9:26 pm
    Click to play video Video will begin in 5 seconds. More video Recommended Replay video Police hunt for suspected bank robbers RAW VISION: Police are urging Fairfield residents in Sydney’s west to stay indoors as they search for suspected bank robbers believed to be in the area. PT0M42S http://www.smh.com.au/action/externalEmbeddedPlayer?id=d-3jbjz 620 349 October 31, 2014 – 2:40PM Police are hunting for four armed robbers on the loose in Fairfield East in Sydney’s west following armed hold-ups at a golf club and a bank in neighbouring suburbs on Friday morning. Heavily armed…
  • How criminals can beat spy laws

    admin
    30 Oct 2014 | 9:25 pm
    Metadata reveals your digital footprint. Illustration: Michael Mucci The Abbott government introduced legislation for a mandatory data retention scheme into Parliament on Thursday requiring telecommunications companies to keep metadata logs pertaining to your email, internet, mobile and landline use. If the bill passes into law, the data will be held by telcos for up to two years, available for law-enforcement and intelligence agencies to access. What does it mean to the average law-abiding citizen? Who you called, who called you, both party’s location and the duration of…
  • Australian authorities confiscate $9.6 million worth of bitcoins from Silk Road drug dealer

    admin
    30 Oct 2014 | 9:18 pm
    Australian authorities could be sitting on a bitcoin gold mine. Photo: Reuters Authorities may soon reap millions of dollars by selling more than 24,500 bitcoins confiscated from a Melbourne drug dealer. This was the first time the state of Victoria had seized electronic currency from criminals.   But the currency’s value has tumbled since three bitcoin “wallets” were confiscated from the man in September 2013. At the time of his arrest in late 2012, the coins were worth about $700,000. Due to a rapid increase in value, the bitcoins would have been worth about $32…
 
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