Business

SAN FRANCISCO, June 26, (THEWILL) – The House of Representatives Thursday directed the Central Bank of Nigeria (CBN) to suspend the upward review of minimum capital base for operators of Bureau De Change (BDC) from N10 million to N35 million. The...

Stock markets in Europe and Asia looked past gains by Iraqi militants and poor first-quarter growth in the United States on Thursday, with some investors raising their forecasts for a U.S. economic bounce in coming months. A Sunni insurgency in...

The New York State's attorney general has filed a securities fraud lawsuit against Barclays BARC.L, accusing the British bank of giving an unfair edge in the United States to high-frequency trading clients even as it claimed to be protecting...

Chinese gold processing firms have since 2012 used falsified gold transactions to borrow 94.4 billion yuan ($15.2 billion) from banks, the country's chief auditor said. Commodities such as copper, rubber, soybeans and bullion have commonly been used in China for...

BEVERLY HILLS, CA, June 25, (THEWILL) - A major haulage and storage crisis at the Warri Refining and Petrochemical Company Limited, (WRPC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), is affecting the operations of the refinery, leading to...

SAN FRANCISCO, June 24, (THEWILL) – The embattled General Superintendent of the Assemblies of God Church, Rev Professor Paul Emeka has alleged that over N150 million naira has been looted by the Rev Chidi Okoroafor led executive of the church...

L-R: THE GROUP MANAGING DIRECTOR OF THE NNPC - ENGR. ANDREW LAAH YAKUBU, IN HAND SHAKE WITH THE MINISTER OF LABOUR AND PRODUCTIVITY - CHIEF EMEKA WOGU AND THE PRESIDENT OF PENGASSAN - COMRADE BABATUNDE OGUN, DURING THE 4TH...

Thousands of miners at South Africa's biggest platinum mining firms have returned to work, a day after unions signed a wage deal to end a five-month strike. Employees at Anglo America Platinum, Impala Platinum and Lonmin will have to undergo...

European Union antitrust regulators will decide by July 30 whether to clear Apple Inc's $3 billion bid for music streaming and audio equipment company Beats, the European Commission said on Wednesday. IPhone maker Apple unveiled the deal last month, which...

Japan's government and top carmakers, including Toyota Motor Corp, are joining forces to bet big that they can speed up the arrival of the fuel cell era: a still costly and complex technology that uses hydrogen as fuel and...