Trump’s Big Wealth Tax

April 10, 2025 Dean Baker Photograph by Nathaniel St. Clair Many progressives have long pushed for a wealth tax to lessen some of the huge fortunes that have been built as a result of the rise in inequality over the last half-century. Regardless of the merits of a wealth tax, to many of us it…

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Wike’s political ambition in Rivers ‘dangerous and provocative’ —Ex-gov Ada George

Former Governor of Rivers State and elder statesman, Chief Rufus Ada George, has accused the Minister of the Federal Capital Territory, Nyesom Wike, of orchestrating the political unrest currently gripping the state. He warned that the minister’s alleged interference, particularly in the appointment of unelected administrators across the state’s 23 local government councils, poses a…

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NDIC to pay first tranche of liquidation dividends to Heritage Bank depositors in April

The Nigeria Deposit Insurance Corporation (NDIC) has announced plans to commence the payment of the first tranche of liquidation dividends to depositors of Heritage Bank starting this April. This follows the revocation of Heritage Bank’s operating licence by the Central Bank of Nigeria (CBN) on June 3, 2024. Managing Director of NDIC, Mr Bello Hassan,…

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