The House of Representatives has directed the Bureau for Public Enterprise (BPE) to account for about N10 billion expended on the failed subsidiaries of the Nigeria Postal Service (NIPOST). Bamidele Salam, Chairman, House Committee on Public Accounts, made the call on Monday in Abuja at the resumed investigative hearing of the committee.“No reasonable Nigerian will … Read more
Zenith Bank reported roughly twice the net profit it earned in the first half of last year in the same period this year, its audited financial records show, helped by sharp increases in lending rate introduced by the country’s central bank earlier in the year in its push to slow down inflation. Interest and similar … Read more
A Denver judge this week dismissed several claims made by Douglas County against the State Board of Equalization over what the county alleged was an illegal move to block it from providing tax relief to thousands of homeowners this year. Denver District Judge Martin Egelhoff on Tuesday dismissed three of Douglas County’s four claims, saying … Read more
The Colorado Senate gaveled in Thursday morning and quickly gave final approval to a much-heralded property tax deal, ending a special session aimed at stopping a pair of ballot initiatives that would enact deeper cuts. The legislation now goes to Gov. Jared Polis for his signature — and is expected to prompt the conservative and … Read more
Meta CEO Mark Zuckerberg says senior Biden administration officials pressured Facebook to “censor” some COVID-19 content during the pandemic and vowed the social media giant would push back if it faced such demands again. In a letter to Rep. Jim Jordan, the Republican chair of the judiciary committee of the House of Representatives, Zuckerberg alleges … Read more
Canada’s ambassador to the U.S. said Tuesday the country will work well with whomever wins the November presidential election, saying the government’s “Team Canada” approach of continually meeting with a bipartisan group of American federal, state and local officials has prepared Canada for any eventuality. Speaking to reporters at the Liberal cabinet retreat in Halifax after … Read more
Canada and other countries that are laggards when it comes to military spending should hit the NATO-imposed target of spending two per cent of GDP “as rapidly as humanly possible,” U.S. President Joe Biden’s national security adviser told reporters on the sidelines of the Liberal cabinet retreat in Halifax on Sunday. Asked by CBC News if he’s … Read more
Colorado Attorney General Phil Weiser is joining a Justice Department antitrust lawsuit against real estate software company RealPage Inc., accusing it of an illegal scheme that allows landlords to coordinate to hike rental prices in Colorado and elsewhere. The lawsuit, filed Friday alongside seven other attorneys general in states including North Carolina and California, alleges the … Read more
Broadcaster Charles Adler says he’s asked for a face-to-face meeting with the Assembly of Manitoba Chiefs and its grand chief after the assembly called for Adler’s recent Senate appointment to be rescinded over what it called “grossly offensive” comments he made about Indigenous communities 25 years ago. “I am accountable for what I say and … Read more
Minnesota Gov. Tim Walz joked about his “interesting” first week as Kamala Harris’ running mate on the Democratic presidential ticket and criticized Donald Trump’s background on Wednesday during a Denver fundraiser that collected $3 million for the campaign. “This week has been interesting,” Walz told roughly 150 attendees in the backyard of the 33,000-square-foot Phipps … Read more
