Business

Africa Investors Looking Beyond Negative Headlines -World Bank

Investors in Africa are increasingly able to see beyond negative headlines of violence in nations like South Sudan, Nigeria and Kenya, but they also seek more protection against risk for their business ventures, a senior World Bank official said. “There...

Stock Futures Advance Ahead Of Release Of Fed Minutes

Stock index futures advanced on Wednesday, putting the S&P 500 on track to rebound from a broad selloff in the prior session ahead of the release of minutes from the most recent meeting of the U.S. Federal Reserve. The Fed...

Barclays Denies Has Decided To End Premier League Backing

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Barclays (BARC.L) dismissed reports that it had would drop its sponsorship of the English Premier League as premature, the bank noting that the 120 million pound ($202 million) contract has another two years to run. Speculation that Barclays would end...

Netflix To Launch In Six European Countries This Year

Netflix Inc will launch its online movie and TV subscription service later this year in France, Germany and four other European countries, in a major push into new markets. The other new countries Netflix will enter in late 2014 are...

Exclusive: Facebook To Expand Video Ads To Seven Countries Outside U.S.

Facebook Inc is expanding its new video advertising service, allowing marketers to show the television-like spots to users of the social network in Britain, Brazil and five other countries, the company told Reuters. The move marks a significant ramping up...

Warri: Petrol Marketers Embrace Peace As Uduaghan Reconciles Warring Factions

BEVERLY HILLS, CA, May 20, (THEWILL) – The warring factions of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Warri Depot Tuesday resolved to work together in the interest of peace in the Warri axis and progress of the...

$16bn Gas City Project: Uduaghan Inaugurates 21-Man Peace Committee

GOVERNOR EMMANUEL UDUAGHAN OF DELTA STATE (R) CONGRATULATING AS NEW CHAIRMAN OF THE COMMITTEE ON OGBORODO GAS EPZ PROJECT - BARR. AUSTIN OBOROEGBEYI (L) SHORTLY AFTER THE INAUGURATION BY THE GOVERNOR HELD IN GOVERNMENT HOUSE, ASABA … As Ugborodo Peace...

AstraZeneca Shareholder Urges Board Back Into Talks With Pfizer

AstraZeneca's (AZN.L) twelfth largest shareholder Schroders has joined a chorus of investor disapproval over its rejection of a takeover offer by Pfizer (PFE.N) and urged it back into talks. In a statement on Tuesday, the British fund manager, which holds...

Euro Shares, Periphery’s Bonds Make A Steady Start

European shares and southern European bonds made tentative progress on Tuesday, as expectations the European Central Bank will provide fresh support in coming weeks helped counter uncertainty over European Union elections. The region's main bourses .FTEU3 inched up 0.15 percent...

China Denounces US Cyber-Theft Charges

China has denounced US charges against five of its army officers accused of economic cyber-espionage. Beijing says the US is also guilty of spying on other countries, including China, and accuses the US of hypocrisy and "double standards". China has summoned...
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Tinubu Doesn’t Live Large — NRS Boss Fires Back At Critics, Says President Walks To Work, Eats Once Daily, Debunks $279m Fraud Allegation

Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
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