Buhari Signs 2018 Budget

President Muhammadu Buhari has signed the 2018 appropriation bill containing the year’s federal spending details as approved by the National Assembly. Mr Buhari signed the budget at about 12 noon on Wednesday inside his office at the presidential villa Abuja.   Read More…
Read more
No Comments

Arbitrade chooses Bermuda for Headquarters

Coin and cryptocurrency exchange Arbitrade is bringing its world headquarters to Bermuda. The company, which is also in the process of buying solid gold casts of Nelson Mandela’s hands, palm and fist for $10 million, held “strategic meetings with several major countries” in January and February before deciding where to domicile. It chose Bermuda after
Read more
No Comments

How to Spot the Secretive Activities of Rogue Fishing Boats

For years it’s been impossible to see illegal acts happening at sea, from overfishing to human rights abuses. Now that’s changing, says Jacqueline Savitz. http://www.bbc.com/future/story/20180607-how-to-spot-the-secretive-activities-of-rogue-fishing-boats  
Read more
No Comments

Blockchain used in marine insurance sector

The first blockchain transaction for marine insurance has been delivered, according to Willis Towers Watson. The global advisory, broking and solutions company was involved in the breakthrough, together with partiers XL Catlin, EY, MS Amlin, A.P. Møller-Maersk, ACORD and Microsoft. It is expected that the blockchain technology will be used in other insurance sectors in
Read more
No Comments

Security firm picks Bermuda to play key role

An international firm that specialises in complex security and public safety management has chosen Bermuda to play a key role in its high-tech operations. The Conceptium Group, which is based in Washington, DC, is an international consortium of innovators, technologists and operational experts and describes itself as “an action organisation”. The group offers services ranging
Read more
No Comments