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JPmorgan Buys More Mortgages From Other Lenders As Market Shrinks

JPMorgan Chase & Co, looking to stem falling revenue in its mortgage business as fewer Americans refinance, is increasingly buying loans from smaller lenders, a practice that competitors including Bank of America view as risky. In the first half of...

Rising Oil Powers Broader Market Rally

A recovery in oil prices spread to stock markets and emerging market currencies on Wednesday, with the prospect of more support from the world's central banks offsetting more disappointing economic data. After a dismal summer, which saw the worst quarter...

Vodafone Goes Back To Basics After Failed Liberty Deal

With a $120 billion merger with Liberty Global (LBTYA.O) off the table, Vodafone (VOD.L) boss Vittorio Colao needs his strategy of higher network investments and acquisitions of European cable companies to start paying off, quickly. The world's second-largest mobile operator...

Renault-Nissan Discuss New Structure To Counter French Control: Nikkei

Renault SA (RENA.PA) and Nissan Motor Co (7201.T) have entered discussions to reorganize their capital alliance structure in a bid to water down Paris's control of the French automaker, the Nikkei business daily reported on Wednesday. The paper said a...

Nokia’s Bosses To Dominate Leadership Team After Alcatel Deal

Finnish network equipment maker Nokia said on Wednesday its executives would dominate the new leadership team once it completes its proposed acquisition of Alcatel-Lucent. Chief Financial Officer Timo Ihamuotila will stay in his job and altogether 10 out of a...

Press Statement: Military Kills Over 100 Invading Boko Haram Fighters in Yobe

SAN FRANCISCO, October 07, (THEWILL) – The fleeing Boko Haram terrorists in a great sign of desperation and to create an impression that they remain relevant, at the early hours of today (Wednesday) made a futile attempt on 120...

Update: Multiple Blasts Rock Damaturu

SAN FRANCISCO, October 07, (THEWILL) – Multiple explosions have been reported inside and around a residential community, Buhari Housing Estate, in Damaturu, Yobe State. The blasts, which occurred on Wednesday morning left at least a dozen people dead and several...

OPINION: PROF. ITSE SAGAY, HAVE YOU HEARD OF “NIGERIANTITIS”?  

The National Association of Nigerian Students recently named the troubled Senator, Buruji Kashamu, as the ‘Golden Man of the Year’, an award that many Nigerians see as troubling given the controversial image of the Senator, nationally and internationally. Prof Sagay in your  capacity...

OPINION: I DON’T ENVY PRESIDENT BUHARI’S MINISTERS

I do not envy President Buhari's ministers at all. I rather pity them, especially those who came on board with the same rickety mindset as we had here before May 29. I really spare a thought on those that want...

OPINION: A CONSTRUCTIVE FACET TO FIGHTING CORRUPTION

There is this wave of euphoria washing over the nation as Nigerians, true to their nature and penchant for celebrating the downfall of the once powerful, jubilate over the travails of former public officials who have been indicted for...

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