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Revealed! Okowa Displeased Over Igbuya’s Plot To Become Acting Governor

SAN FRANCISCO, September 16, (THEWILL) – Indications have emerged that the speaker of the Delta State House of Assembly, Hon. Monday Igbuya, may have begun plotting to become the state acting governor in case the election petition tribunal declares a...

Nigeria’s President Says Currency Should Not Be Devalued

Nigeria's currency should not be devalued further, President Muhammadu Buhari said on Wednesday, despite the central bank's growing struggles to keep the naira at current levels. Africa's top oil producer has been hit hard by the fall of global crude...

Saraki Debunks Allegations Of False Declaration Of Assets, Says Charges Externally Influenced

BEVERLY HILLS, September 16, (THEWILL) – Senate President, Bukola Saraki has responded to charges bordering on false declaration of assets brought against him by the federal government. The 13-count charge was filed by the Office of the Attorney General at...

DESOPADEC: MD, Board Chairman Tango Over Redeployment Exercise

BEVERLY HILLS, September 16, (THEWILL) –  A clash of interest is currently brewing in the newly-constituted Delta State Oil Producing Areas Development Commission (DESOPADEC) as the Chairman of the Board, Mr. Godwin Ebosa and Managing Director of the oil...

Migrants Seek New Ways To EU After Hungary Shuts Main Route

Riot police fired water cannon and tear gas at migrants demanding to be let through Hungary's newly shut EU frontier on Wednesday, while refugees at other Balkan borders clambered through cornfields in search of new routes. Hungary's decision to shut...

U.S.-Led Coalition’s Progress Against Islamic State ‘Very Modest’: Russia

The Russian Foreign Ministry said on Wednesday that the U.S.-led coalition against the Islamic state has little to show for itself, a year after its establishment. "A legitimate question arises - what results have we got from sending into the...

Citigroup CFO Expects 5 Percent Decline In Third-Quarter Markets Revenue

Citigroup Inc (C.N) expects its third-quarter markets revenue to fall by about 5 percent from a year earlier, Chief Financial Officer John Gerspach said on Wednesday. The decline largely stems from a strong comparable performance in September 2014 in its...

Fedex Profit Misses Expectations, Lowers Earnings Forecast

Package delivery company FedEx Corp (FDX.N) posted a higher quarterly profit on Wednesday, but missed Wall Street expectations due to weak global economic conditions and the strong U.S. dollar. The Memphis-based company also lowered its full-year earnings forecast, citing modest...

Wall St. Opens Little Changed As Fed Uncertainty Reigns

Wall Street was little changed on Wednesday as investors held fire ahead of the Federal Reserve's decision on an interest rate hike. The Fed will announce its decision on Thursday after a two-day meeting. Speculation about when the Fed will end...

HP To Cut Up To 33,300 Jobs Over Next Three Years

Hewlett-Packard Co (HPQ.N), which plans to split into two listed companies this year, said it expected to cut about 33,300 jobs over three years as the tech pioneer adjusts to falling demand. The latest cuts, on top of 55,000 layoffs...

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