Finance Industry

Finance: KIA Motors records 200% year-on-year increase – New Articles

news In 2017, KIA Motors Nigeria reported an increase in sales with over 200 percent year-on-year sales from 2016. Kia Motors Nigeria is the sole distributor of the Korean brand in Nigeria and although they have achieved 200% increase in year-on-year sales in 2017 they hope to triple their sales in 2018. The distributors increase in sales is following Nigeria’s economic recovery from the recession that had gone on to stagnate all the sectors of the economy particularly, car sales…

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Former UNA professor accused of sexually assaulting student files financial claim against university, seeking millions

FLORENCE, Ala. – A former University of North Alabama professor named in a civil lawsuit which claims he sexually assaulted a student, is now filing a claim against the university. David Dickerson David Dickerson is claiming the university denied his due process and slandered him in local and national media. His claim has been filed outside of the traditional courts; the Alabama Board of Adjustment will handle the filing by Dickerson, which is asking for upwards of $7 million. In…

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2017 audit shows city in good financial shape – News – Monroe News – Monroe, Michigan

Danielle Portteus Monroe News staff reporter DPortteusMNews The City of Monroe ended its 2017 fiscal year in good shape according to the latest audit. William Brickey and Rumzei Abdallah of Plante Moran presented the audit during a work session Monday. The city’s revenue finished at $19.144 million, up from $18.41 million in fiscal year 2016. The city did receive less in property taxes during the fiscal year, Abdallah pointed out. The city received $13.674 million down from $14.1 million the…

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AAB Youth Financial Literacy Group – “Out Of the Mouths of ‘Babes’”

Here’s a guy who punctuates the term, “Put up or shut up,” Back in September of 2004, finance titan, Ryan Mack walked away from a cushy situation on Wall Street to start his own company, Optimum Capital Management, a thriving personal finance development consulting firm in New York City .  In 2005 the community-at-large started to feel the clench of the submerging economy.  Unemployment and prices began to rise and people began to lose confidence. Critics and complainers surfaced in…

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Exchange Of Letters On Cooperation In The Area Of Audit Oversight With The Ministry Of Finance Of People’s Republic Of China

1.Today, State Minister of Cabinet Office, Takao Ochi, and Vice Minister of MOF of PRC, Shi Yaobin, had meeting  in Beijing, and exchanged the Letters on ooperation in the area of audit oversight between Japan and China.   2.This exchange of Letters enables the authorities to exchange information to the extent permitted by their respective laws and regulations in the area of audit oversight on the basis of reciprocity etc.   3.Also, this exchange of Letters is expected to contribute to…

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Simsbury Finance Director Appointed Town Manager in Cheshire

Simsbury’s finance director and acting town manager was appointed Wednesday as Cheshire’s next town manager. Sean Kimball was unanimously appointed by the Cheshire town council and will replace Michael Milone, who retires in June. Kimball will start May 1. Kimball, who lives in Cheshire, was one of 57 applicants for the position and was selected from a pool of four finalists. He will be paid an annual salary of $142,500 and will also receive a $5,000 car allowance. Kimball has…

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Ukraine finance minister wars with chief prosecutor over PrivatBank

KIEV, Dec 21 (Reuters) – Ukrainian Finance Minister Oleksandr Danylyuk called on the general prosecutor to be sacked on Thursday as wrangling over the nationalisation of the country’s largest bank spilled out into the open. Danylyuk said General Prosecutor Yuriy Lutsenko had discredited himself and sabotaged the state’s efforts to claw back money from the former owners of PrivatBank by opening cases against the finance ministry, PrivatBank and the central bank. A spokesman for the General Prosecutor’s office declined comment…

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Hartlepool schools set to lose £1.5million in funding – leaving them ‘facing financial cliff edge’

Hartlepool council chiefs are to lobby the Government as cash-strapped town schools are set to lose out £1.5m in funding. Councillors unanimously supported a motion to write to Education Secretary Justine Greening over the impact funding arrangements will have on Hartlepool schools in the next two financial years. Education Secretary Justine Greening MP. School budget increases under the National Funding Formula for Schools have been described as “minimal” by Councillor Alan Clark, who is the chair of Hartlepool council’s Children’s…

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Bajaj Finance Ltd.: Buy Bajaj Finance, target Rs 1,825: Manas Jaiswal

Manas Jaiswal of has a buy call on Bajaj Finance with a target price of Rs 1,825. The current market price of Bajaj Finance is Rs 1,772.75. Time period given by the analyst is intraday when Bajaj Finance price can reach defined target. Manas Jaiswal recommended to keep a stop loss at Rs 1,765. Bajaj Finance, incorporated in the year 1987, is a Large Cap company (having a market cap of Rs 1,01,253.73 Crore) operating in Finance sector. The…

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Utah has reached 74 percent of its debt limit, Division of Finance says

SALT LAKE CITY – The State of Utah’s Division of Finance completed its Comprehensive Annual Financial Report (CAFR) for fiscal year 2017. In addition to releasing its audit opinion in the CAFR, the division also released its annual Statement of Long-Term Liabilities and Commitments for the State of Utah.   According to the statement, the state’s debt limit as of June 30 of this year was $5.22 billion. “As of June 30, 2017, long-term liabilities for the State’s governmental activities was $3.87…

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HK firm Convoy sues 28 officials for financial losses

HONG KONG, Dec 19 (Reuters) – A Hong Kong company identified as part of a network of penny-stock firms whose share prices crashed massively in June said on Tuesday it had initiated legal action against 28 defendants for causing the firm substantial financial loss and damage. The writ by Convoy Global Holdings Ltd was filed in Hong Kong’s High Court more than a week after Convoy appointed new senior officials to the company following the arrest by the anti-graft agency…

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FINANCE VIDEO: Fredson Yamba, Secretary to the Treasury of the Republic of Zambia, Speaks with Tim Mckinnon

loading……… London, Dec 19, 2017 AEST (ABN Newswire) – FINANCE VIDEO: Fredson Yamba, Secretary to the Treasury of the Republic of Zambia Speaks with Tim Mckinnon at Mines and Money 2017 in London. The mission of the Zambian Government is to create an awareness of the mineral wealth and opportunity for Miners and Explorers in Zambia. The visit by the Secretary has one major objective, to sell Zambia as the best investment destination. Due to a number of reasons: 1.…

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BANKING & FINANCE JOB | Nigeria Inter-Bank Settlement System Plc Latest Job Recruitment

Nigeria Inter-Bank Settlement System Plc (NIBSS) provides the infrastructure for automated processing, settlement of payments and fund transfer instructions between Banks and Card Companies in Nigeria.NIBSS is owned equally by all licensed banks in Nigeria, and the Central Bank of Nigeria. We are recruiting to fill the following positions below in Lagos State: CLICK HERE TO VIEW JOB DETAILS AND APPLY Source link

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Euro 100 Million for Supporting Cotton in Cameroon by the International Islamic Trade Finance Corporation (ITFC) – Finance Industry Today

The International Islamic Trade Finance Corporation (ITFC) (, a member of the Islamic Development Bank (IDB) Group (, signed a EUR 100 million syndicated agreement with the Government of Cameroon and Sodecoton as the Executing Agency for the export of cotton and the import of agricultural inputs. The Agreement was signed by HE Louis Paul Motaze, Minister of Economy, Planning and Regional Development, and IDB Group Governor for Cameroon, which took place at Yaoundé, Cameroon. The financing is in line…

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Ivanka Trump, Jared Kushner sued over financial disclosures

A lawyer contends that Ivanka Trump and Jared Kushner failed to identify the assets owned by 30 investment funds the couple had stakes in. | AP Photo First daughter and presidential adviser Ivanka Trump and her husband and fellow White House adviser Jared Kushner were hit with a lawsuit Sunday alleging illegal omissions on their public financial disclosure forms. Washington lawyer Jeffrey Lovitky contends that Trump and Kushner failed to identify the assets owned by 30 investment funds the couple…

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