Nigeria: Bichi Commends IFAD, UNIDO Over Micro-Finance Project
The minister of state, commerce and industry, Ahmed Garba Bichi, has commended the International Fund for Agricultural Development (IFAD) and the United Nations Industrial Development Organization (UNIDO) in supporting a micro-finance project in Nigeria.
$588,000 bill for illegal charges hits finance firm
Finance company Geneva Finance has frozen investor repayments, shut down its branches, fired staff, and has now had to reverse $588,114 in illegal charges after a Commerce Commission investigation.
Gersten Savage Chairs, Sets Themes for Islamic Finance Conference
Understanding and communications are fundamental themes that will drive Islamic commerce worldwide, according to Eric Roper, a senior partner and chairman of the hedge fund practice at law firm Gersten Savage LLP, in his introduction to a recent conference in New York that focused on Islamic finance.
Read More at PR Newswire via Yahoo! Finance…
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watch out on the exploding Chinese multinationals, entrepreneurs, banks, stock market, oil and hightech players. Is China Inc. going to dominate world finance, commerce, trade, politics, labor map? What is the next? Get huge ideas from leading strategist George Zhibin Gu.
Mr Krishna Kumar would be in charge of Finance, Commerce and Industries, Urban Development, Energy, Public Works among others while Former RAW official P K R Tharakan would take care of Home, Transport, Law, Justice and Human Rights, Parliamentary Affairs and Legislation, Youth Services…
Prepare for stronger Re: Commerce ministry
Even as record foreign fund flows lifted the rupee to 39.43 against the US dollar today, the highest since 1999, the commerce ministry has started telling exporters to prepare for the rupee rising even further to 38 against the US dollar by December. The strong rupee is already hurting India’s exporters, with companies cutting jobs and scaling back expansion. A further appreciation may have even …
biggest Chinese multinationals, entrepreneurship, banks, stock market, oil and hightech
Why is China moving ahead fast? Will China produce the biggest multinationals, entrepreneurs, banks, oil, manufacturing and hightech players? What is the next in world commerce, finance, jobs, politics, leadership, and international relations?
Geneva Finance refunds customers
Geneva Finance Limited has refunded $588,114 to over 900 customers, following an out-of-court settlement with the Commerce Commission.
Another blow for Geneva Finance
Troubled finance company Geneva Finance Ltd has been done for overcharging customers and has paid $588,114 back to them.
Read More at The New Zealand Herald…
Settlement Reached With Commerce Commission
Geneva Finance Ltd has reached a settlement with the Commerce Commission in relation to interest and fees charged to some clients who were not meeting their commitments under their loan from Geneva and had had security sold.
