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Union Bank Plc drags Business Hallmark Newspapers to Court

Union Bank of Nigeria Plc led by Funke Osibodu has dragged Business Hallmark (BH) and its editorial chiefs to Court for publishing stories on the Bank  Already, BH lawyer, Barrister Ayo Olarewanju has assembled a team of lawyers to defend BH.  In a Suit No. LD/1760/2011 filed before Honourable Justice […]

Greece rules out fresh austerity

ATHENS, Greece (AP) — Greece predicted Friday that its budget deficit will fall sharply next year and insisted that no fresh austerity measures will be needed to plug a hole in this year’s finances. Submitting the 2012 budget, Finance Minister Evangelos Venizelos said the deficit will shrink from an expected […]

Africa’s richest revealed

American magazine Forbes is famous for its Rich Lists, profiling the world’s wealthiest individuals. Now it’s finally wised up to the fact that some Africans have serious bucks too. By REBECCA DAVIS. This week Forbes brought out its first-ever list of the 40 Richest People in Africa, justifying it as […]