Recent Posts

AfDB President, Others Task Nigerians in Diaspora on National Development

Dr Akinwumi Adesina, President of the African Development Bank (AfDB) and some notable Nigerians have urged their compatriots in the Diaspora to key into government efforts for national development. Some of the notable Nigerians include Mr Innocent Chukwuma, CEO of Innoson Group, and Nigeria’s High Commissioner to Canada, Amb. Adeyinka …

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Mali Transition President Ndaw Sworn in

Mali’s interim president, Bah Ndaw (right picture), chosen to head a transitional government following a coup last month, was sworn in during ceremonies in the capital Bamako on Friday, AFP journalists witnessed.  A committee appointed by the junta which seized power on August 18, toppling president Ibrahim Boubacar Keita, selected …

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Govts Lose $500bn to ‘Profit-Shifting’ Enterprises Annually — UN

Profit-shifting enterprises cost governments about $500 billion (N190 trillion) in losses annually, according to a United Nations panel of experts. Profit shifting is a corporate tax planning strategy used by multinationals to move profits from higher-tax jurisdictions to lower-tax jurisdictions thus reducing their tax burdens in the higher-tax jurisdictions. The estimate came …

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