Finance

Ford set to fire CEO Mark Fields as shares founder: source

Ford Motor Co is expected to announce the departure of Chief Executive Mark Fields in a broad management shake-up, a…

A decade after debt forgiveness, Africa still hooked on dollars

When rich countries wrote off billions of dollars of African debt in 2005, they hoped governments would think twice about…

Insurers get a new global accounting regime

Comparing like with like Insurers get a new global accounting regime The rules will change how profits are reported, giving…

European Union to fine Facebook 110m euro for deceit

European Union (EU) antitrust regulators on Thursday said they would fine Facebook 110 million euros (122.4 million dollars) for providing…

CBN tasks other financial institutions on proper rendition of returns

The Central Bank of Nigeria (CBN) has tasked other financial institutions (OFIs) on proper and prompt rendition of returns for…