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NNPC Confirms Cancellation Of Crude Swap, OPA Contracts, Approves 7 Firms For Fresh Bids

SAN FRANCISCO, August 26, (THEWILL) – The Nigerian National Petroleum Corporation (NNPC) Wednesday confirmed the cancellation of crude oil swap contracts as well as Offshore Processing Agreement Contracts (OPA), which the corporation entered with traders under the previous administration...

Reporter, Cameraman Killed On Air; Suspect In Hospital

A TV reporter and cameraman were shot to death on live television Wednesday by a man described as a disgruntled station employee. The man recorded himself carrying out the killings and posted the video on social media as he...

NEMA Offers Relief Materials To Over 5,000 Liberated From Dikwa

SAN FRANCISCO, August 26, (THEWILL) – The National Emergency Management Agency (NEMA), Wednesday, said it had provided a truck-load of food and other relief materials to over 5,000 starved persons recently liberated from communities in Dikwa local government area...

3 Die As Suicide Bombers Rock Maiduguri

BEVERLY HILLS, August 26, (THEWILL) – Just as the nation was in grief over the twin explosions which killed no fewer than six persons in Damaturu, the Yobe State capital, Tuesday, two suicide bombers, same day, rocked the airport...

Emefiele Goes Malaysia Way In Bid To Keep Dollar Peg

Nigeria’s Central Bank (CBN) Governor Godwin Emefiele’s unorthodox policies aimed at maintaining the naira’s peg to the dollar, amid a global commodity rout and analysts calls for a devaluation mimics Malaysia’s response to the Asian financial crises of 1997. Malaysia’s...

Hoping For Domestic Reform, Iranian Activists Back Nuclear Deal

Iranian pro-democracy activists, lawyers and artists have thrown their weight behind last month's nuclear deal with world powers, hoping it will lead to a promised political opening that President Hassan Rouhani has so far failed to deliver. Dozens of prominent...

China Sacks Work Safety Chief After Tianjin Blasts

China has sacked the head of its work safety regulator for suspected corruption, state news agency Xinhua said on Wednesday, following blasts that killed more than 100 people in the port city of Tianjin this month. The ruling Communist Party's...

Oil Catches Breath Near Six-And-A-Half-Year Lows After Falls

Oil stabilized on Wednesday after China's central bank moved to support the country's economy, but prices stayed near 6-1/2-year lows as a heavy supply glut kept the market outlook bearish. "Oil is catching its breath a bit and seeing if...

World Shares Sag As China Jitters Persist

World shares sagged on Wednesday as investors feared fresh rate cuts in China may not be enough to stabilize its slowing economy or halt a stocks collapse that is wreaking havoc in global markets. Europe's main stock markets <0#.INDEXE>, which...

Amazon Expands Prime Now, Offers U.S. Alcohol For First Time

Amazon.com Inc (AMZN.O) said on Tuesday it will begin delivering wine, beer and spirits to U.S. customers for the first time as part of its speedy delivery service, Prime Now. The online retailer is expanding Prime Now, its one- and...

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