THEWILL_

Senate To Pass Petroleum Industry Bill In Tranches

BEVERLY HILLS, December 07, (THEWILL) - The President of the Senate, Dr Bukola Saraki, says the Senate will pass the Petroleum Industry Governance Bill in tranches as a way out of its non-passage for the past eight years. Saraki made...

Buhari Swears In New INEC Commissioners

BEVERLY HILLS, December 07, (THEWILL) - President Muhammadu Buhari on Wednesday swore in the six newly appointed Commissioners of the Independent National Electoral Commission, INEC, charging the new officers to ensure that all elections must be credible. The President administered...

British Parliament Set To Back PM May’s Brexit Timetable

The British parliament was set to back Prime Minister Theresa May's Brexit timetable on Wednesday after she headed off a rebellion in her Conservative Party over a lack of insight into the government's strategy to leave the European Union. May...

Kremlin Says Exit Deal For Aleppo Rebels Still On Agenda

The Kremlin said on Wednesday that a potential U.S.-Russia deal to allow Syrian rebels to safely leave Aleppo was still on the agenda, but that no talks were planned between the two countries for now. Kremlin spokesman Dmitry Peskov told...

Monte Dei Paschi Bolsters European Stocks, ECB Looms

European shares followed Asian stocks higher on Wednesday, buoyed by reports Italy would step in to rescue troubled bank Monte dei Paschi and expectations the European Central Bank would extend its bond-buying stimulus scheme this week. Italian government bond yields...

Staples To Sell Controlling Stake In European Unit To Cerberus

Office supplies retailer Staples Inc (SPLS.O) said on Wednesday it would sell its controlling stake in its European business to an affiliate of private equity firm Cerberus Capital Management LP to focus on its North American operations. Staples' European unit...

Exclusive: UK’s Lower House Would Back Triggering EU Divorce Talks – Reuters Research

While the British government tries to prevent parliament voting on its plan to trigger the country's exit from the European Union, Reuters research indicates the lower house would in fact support its move, based on lawmakers' recent statements. Prime Minister...

Britain Fines Pfizer Record $107 Million For Huge Drug Price Hike

Britain's competition watchdog has fined Pfizer (PFE.N) a record 84.2 million pounds ($107 million) for its role in ramping up the cost of an epilepsy drug by as much as 2,600 percent. The Competition and Markets Authority (CMA) also fined...

Sony To Release Six Smartphone Games To Accelerate Mobile Drive

Japan's Sony Corp (6758.T) will release as many as six smartphone games in the next financial year, hoping that its own gaming franchises can replicate the success of console rival Nintendo Co's (7974.T) Pokemon GO. The upcoming titles will free...

Nigeria Must Resolve Forex Policy To Get Out Of Recession – AfDB President, Adesina

BEVERLY HILLS, December 07, (THEWILL) - The President of the African Development Bank, AfDB, Mr. Akinwumi Adesina has noted that there were still problems in Nigeria’s foreign exchange, forex market, which must be sorted out, stressing that this must...

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