Business

Nigeria’s Crude Not Sold At Cheaper Rate, Says NNPC

...Denies ripping FG of $6. 8bn with Swiss firms SAN FRANCISCO, February 25, (THEWILL) - The Nigerian National Petroleum Corporation (NNPC) Tuesday faulted a Switzerland-based organisation, Bernie Declaration,  saying it did not sell crude at lower price. The Bernie Declaration had...

Dangote Slashes Cement Price At Kaduna Fair As President Commends Group

BEVERLY HILLS, February 25, (THEWILL) - The Dangote Cement has slashed cement price in an ongoing promo at the Kaduna 35th International Trade Fair. Customers will have the opportunity of buying the discounted product at the company’s pavilion, Cement Regional...

Stocks Scale Peaks, Yuan Drops Most In Three Years

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World shares were at a 6-year high on Tuesday following a record peak on Wall Street, while moves by China to stamp out easy betting on the yuan triggered the currency's biggest drop in over three years. The upbeat mood...

Exclusive: Google Sets Roadblocks To Stop Distracted Driver Legislation

Google is lobbying officials in at least three U.S. states to stop proposed restrictions on driving with headsets such as Google Glass, marking some of the first clashes over the nascent wearable technology. Some eight U.S. states are considering regulation...

India To Block U.S. Trade Probes, Ready For Fight At WTO

INDIAN PRIME MINISTER MANMOHAN SINGH (L) SPEAKS AS U.S. PRESIDENT BARACK OBAMA LOOKS ON, DURING THEIR MEETING IN THE OVAL OFFICE OF THE WHITE HOUSE IN WASHINGTON India has decided to block investigations by the United States into its trade...

China’s $12 Trillion Corporate Debt Pushes Up Refunding Costs, Drives Mergers

China's corporate debt has hit record levels and is likely to accelerate a wave of domestic restructuring and trigger more defaults, as credit repayment problems rise. Chinese non-financial companies held total outstanding bank borrowing and bond debt of about $12...

Bank Of England’s McCafferty Would Fear Further Sterling Rise

Further sterling strength would be a worry and could potentially make the Bank of England delay raising interest rates, BoE policymaker Ian McCafferty said in some of the central bank's most forceful recent comments on the pound's rise. Boosted by...

UBA Partners Parolz.com On Payment Card Loyalty Scheme

BEVERLY HILLS, February 24, (THEWILL) - United Bank for Africa (UBA) Plc has entered into a partnership deal with Parolz.com, an online platform which offers exclusive discounts and benefits from top outlets in Nigeria. The offers range from Dinning...

Europe Stocks, Euro Gain After German Morale Jump

European shares and the euro got a boost on Monday after German business morale unexpectedly rose in February, lifting investors out of a funk caused by a fall in Chinese home prices. In Ukraine, where Moscow-backed Viktor Yanukovich was ousted...

Euro Zone Inflation Shows Biggest Monthly Fall In January

Euro zone consumer prices fell in January at their fastest ever pace on a monthly basis, dragged down by a slump in the cost of non-energy industrial goods, keeping annual inflation well below the European Central Bank's target. Inflation rate...
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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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