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Nigeria’s Apex Bank Releases New Forex Policy Action

BEVERLY HILLS, February 20, (THEWILL) - The Central Bank of Nigeria, CBN, on Monday unveiled new foriegn exchange, forex, policy, and directing “all banks to open FX retail outlets at major airports as soon as logistics permit”. A statement by...

Turkish Soldiers Accused Of Erdogan Assassination Attempt Go On Trial

Prosecutors called for life sentences for more than 40 Turkish soldiers on Monday at the start of their trial for attempting to assassinate President Tayyip Erdogan during last year's failed coup, according to the indictment obtained by Reuters. Under tight...

Trump’s Defense Chief, In Iraq, Says: We’re Not Here For Your Oil

The U.S. military is not in Iraq "to seize anybody's oil", Defense Secretary Jim Mattis said, distancing himself from remarks by President Donald Trump at the start of a visit to Iraq on Monday. Mattis, on his first trip to...

China Wields Stick With North Korea, But Is Still Pushing For Talks

With the suspension of all North Korean coal imports, China has wielded a big stick against its reclusive neighbor, but there is no sign it will cut off all critical links and Beijing is still promoting talks to solve...

Amazon To Open Its Fifth Logistics Center In Poland

U.S. online retailer Amazon.com Inc (AMZN.O) will open its fifth logistics center in Poland this year, it said on Monday, seeking to benefit from the country's relatively low wages and proximity to the large German market. The decision adds to...

Telcos, Banks Lift European Shares, Dollar Dips

European stocks rose on Monday, with gains in telecoms and banks offsetting a big fall in Unilever, while the dollar dipped as uncertainty over politics and the timing of a U.S. interest rate rise kept investors nervous. U.S. markets were...

Kraft Backs Out Of Unilever Bid After Hostile Reception

Kraft Heinz Co's (KHC.O) rapid retreat from its surprise $143 billion bid for Unilever (ULVR.L) (UNc.AS) in the face of stiff resistance knocked the Anglo-Dutch company's shares on Monday as investors assessed the impact of the failed approach. Kraft, which...

Late Ibru’s Sixteen Children In Property, Paternity Battle

BEVERLY HILLS, February 20, (THEWILL) - Sixteen of the children of frontline businessman, the late Chief Olorogun Michael Ibru, are embroiled in a legal tussle over their paternity and his multi-billion naira assets. This is as Oboden Ibru has approached...

OPINION:  THE 2017 BUDGET PROCESS: CHANGE IN THE RIGHT DIRECTION

Without doubt, the 2017 Appropriation Process has so far been without the several controversies that trailed the 2016 Process. This can be attributed to no less than the better rapport between the Presidency led by President Buhari and the...

OPINION: BUHARI’S PADDED HEALTH AND NEW SPOKESPERSONS

Like in the days of Yar’dua presidency and his ill-health drama when all groups of conspirators including the clergy came under the same banner to execute lies, we are now replaying a strategic yaradualisation of PMB’s health. The present...

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