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Do Not Charge Double-Digit Interest Rate On Intervention Funds – CBN Tells Banks

BEVERLY HILLS, December 08, (THEWILL) - The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has urged Participating Financial Institutions (PFIs) in the country to desist from charging double-digit interest rate on intervention funds guaranteed by the...

No Show: Senate Moves Magu’s Confirmation Session To December 15

BEVERLY HILLS, December 08, (THEWILL) - The screening and confirmation of the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, was on Thursday, rescheduled to December 15 by the Senate. The Deputy Leader of the Senate,...

Eid-el-Maulud: FG Declares Monday, December 12 Public Holiday

BEVERLY HILLS, December 08, (THEWILL) - The Federal Government has declared Monday, Dec 12, as public holiday to mark the Eid-El-Maulud celebration.‎ ‎The Minister of Interior, Lt.- Gen. Abdulrahman Dambazau (rtd), made the declaration on behalf of the Federal Government...

Rivers Re-run: We Will Bend It A Bit – Amaechi

BEVERLY HILLS, December 08, (THEWILL) - The Minister of Transport, Rotimi Amaechi, has described legislative rerun poll in Rivers state as “the election of our lives”, charging the people to turn out en masse for the election scheduled for...

Exclusive: Risking Beijing’s Ire, Vietnam Begins Dredging On South China Sea Reef

Vietnam has begun dredging work on a disputed reef in the South China Sea, satellite imagery shows, the latest move by the Communist state to bolster its claims in the strategic waterway. Activity visible on Ladd Reef in the Spratly...

Luis Suarez To Be Offered New Contract, Says Barcelona President

Barcelona's prolific striker Luis Suarez will be offered a new contract with the Spanish champions until 2022, president Josep Maria Bartomeu has confirmed. The 29-year-old Uruguayan collected the European Golden Shoe last season for the top scorer in domestic football...

Barcelona Broke Their Own Champions League Passing Record Against Borussia Monchengladbach

Barcelona broke their own Champions League passing record in their 4-0 thrashing of Borussia Monchengladbach on Tuesday. Luis Enrique's men attempted a staggering total of 991 passes at the Nou Camp, the most in the competition since Opta started taking...

Ericsson Says Swedish Staff Cuts Running Ahead Of Plan

Struggling telecom equipment maker Ericsson (ERICb.ST) said on Thursday sweeping staff cuts in its Swedish home market were running ahead of schedule, resulting in higher restructuring costs this year. The company said in October it was cutting about a fifth...

U.S. Jobless Claims Drop From Five-Month High

The number of Americans filing for unemployment benefits fell from a five-month high last week, pointing to labor strength that underscores the economy's sustained momentum. A tight labor market together with signs of a strengthening economy and steadily rising inflation...

EU Takes Legal Action Against Germany, UK Over Volkswagen Scandal

The European Union started legal action on Thursday against seven countries including Germany and Britain for failing to police emissions test cheating by carmakers after the Volkswagen (VOWG_p.DE) scandal. Amid mounting frustration in Brussels over what it sees as governments...

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