Author: Omoruyi Godstime

2020 cost of living city ranking

2020 cost of living city ranking

Spot the odd one out in this list of global cities: Hong Kong, Zurich, Singapore and… Ashgabat? The Turkmenistan capital might not spring to mind when listing deep-pocket destinations, but Ashgabat is now the world’s second most expensive city for overseas workers, according to Mercer’s newly released Cost of Living Survey. While it’s rubbing shoulders with the likes of Tok... »

BP has announced plans to cut 10,000 jobs following a global slump in demand for oil because of the coronavirus crisis.

BP has announced plans to cut 10,000 jobs following a global slump in demand for oil because of the coronavirus crisis.

BP has announced plans to cut 10,000 jobs following a global slump in demand for oil because of the coronavirus crisis. The oil giant had paused redundancies during the peak of the pandemic but told staff on Monday that around 15% will leave by the end of the year. BP has not said how many jobs will be lost in the UK but it is thought the figure could be close to 2,000. Chief executive Bernard Loo... »

The Minneapolis ex-policeman accused of killing unarmed black man George Floyd has made his first court appearance, where his bail was set at $1.25m (£1m).

The Minneapolis ex-policeman accused of killing unarmed black man George Floyd has made his first court appearance, where his bail was set at $1.25m (£1m).

Prosecutors cited the “severity of the charges” and public outrage as the reason for upping his bail from $1m. Derek Chauvin faces charges of second-degree murder and manslaughter. Three other arresting officers are charged with aiding and abetting murder. Mr Floyd’s death in May led to global protests and calls for police reform. Mr Chauvin, who is white, knelt on Mr Floyd’... »

President Buhari’s speech underestimate Sani Abacha’s $5 billion loot

President Buhari’s speech underestimate Sani Abacha’s $5 billion loot

Alliance for Surviv­ing COVID-19 and Beyond, (ASCAB), a group led by prominent Nigerian human rights lawyer, Femi Falana has said that President Mu­hammadu Buhari’s claim that late dictator, Sani Abacha, stole $1 billion con­tradicts the figures earlier released by his own officials. The group described as inconsistent the President’s statement contained in an ar­ticle he wrote for the interna­tio... »