The Central Bank of Nigeria on Thursday said that the low purchasing power of the coin as opposed to other currency denominations was a major reason for its limited circulation. The acting Governor, CBN, Dr. Sarah Alade, stated this on Thursday during a school mentoring programme on financial literacy for […]
Author: InvestAdvocate
Facebook CEO Zuckerberg phoned Obama to complain about spying
Facebook Inc Chief Executive Mark Zuckerberg blasted the U.S. government’s electronic surveillance practices on Thursday, saying he’d personally called President Barack Obama to voice his displeasure. “When our engineers work tirelessly to improve security, we imagine we’re protecting you against criminals, not our own government,” Zuckerberg said in a post […]
Bank of America back in court over $2.1 billion fraud penalties
A U.S. judge wrestled on Thursday with a U.S. Justice Department request that Bank of America Corp pay $2.1 billion in penalties after being found liable for fraud over defective mortgages sold by its Countrywide unit. In a second hearing on the penalties to be imposed on the bank, U.S. […]
