There was disquiet on Monday at the headquarters of the Securities and Exchange Commission in Abuja over the new promotion and internal posting policy introduced by the management headed by the Director-General, Ms Arunma Oteh. The workers’ union in SEC had vowed to oppose the management decision to subject those […]
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Investors cash-in on land deals as U.S. housing picks up
From the outskirts of Las Vegas to the coast of California, stretches of undeveloped land in some of the most depressed housing markets in the U.S. are in high demand. Money managers such as BlackRock Inc, hedge fund Angelo Gordon & Co and real estate investment firm Starwood Capital, are […]
Japan Cuts Growth Estimate for Second Quarter to 0.7% From 1.4%
Japan‘s economy expanded in the second quarter at half the pace the government initially estimated, underscoring the risk of a contraction as Europe’s debt crisis caps exports. Gross domestic product grew an annualized 0.7 percent in the three months through June, the Cabinet Office said in Tokyo today, less than […]
