5 October 2010   The co-founder of social networking site Twitter is standing down as its chief executive.Evan Williams, who has headed the company since 2008, is being replaced to allow him to focus on ways of making Twitter more profitable.   Announcing the decision on Twitter’s blog, Mr Williams […]

  By Nike Popoola Tuesday, 5 Oct 2010 Following allegations that the Nigerian National Petroleum Corporation paid over $368.8m in excess premium to its insurers, the Federal Government has said that it will henceforth impose tougher rules on insurance companies that wish to do business with the national oil company. The […]

  By Leika Kihara and Rie Ishiguro TOKYO (Reuters) – The Bank of Japan on Tuesday effectively reverted to zero interest rates on growing signs the strong yen is hurting a fragile economy, surprising markets and preceding the Federal Reserve in stepping up its expansionary monetary policy. The central bank […]