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Wall Street Lower After CPI Data; Yellen Speech Awaited

U.S. stocks fell in late morning trading on Friday, retreating from recent record highs, as investors await Federal Reserve Chair Janet Yellen's economic outlook for clues on the timing of a rate hike after new data showed a rise...

Suicide Bomber Strikes Saudi Shi’ite Mosque, Many Dead Or Wounded

A suicide bomber blew himself up at a Shi'ite mosque in eastern Saudi Arabia during Friday prayers, residents said, killing around 20 people and wounding more than 50, local residents and a hospital officials said. No one immediately claimed responsibility...

Exclusive: Altice Seeks Financing For Time Warner Cable Bid: Sources

French telecommunications group Altice SA is talking to several banks about raising debt for a potential bid for Time Warner Cable Inc, the second-largest U.S. cable operator, according to people familiar with the matter. The talks are an important step...

China Says U.S. Actions In South China Sea ‘Irresponsible, Dangerous’

China said on Friday it was "strongly dissatisfied" after a U.S. military plane flew over part of the South China Sea near where China is building artificial islands, and called on the United States to stop such action or...

Figo: Sepp Blatter’s Rival Pulls Out Of Fifa Election

Luis Figo has joined Michael van Praag in withdrawing from the Fifa presidential election on 29 May. Ex-Portugal midfielder Figo, 42, pulled out on the same day as Van Praag, 67, to leave Prince Ali Bin Al-Hussein of Jordan as...

OPINION: DEMONISING TINUBU AND THE LIMIT OF LIES

Except, perhaps, the President Elect, Muhammadu Buhari, there is no other Nigerian politician whose person has been cruelly maligned as the National Leader of the  All Progressives Congress, APC, Asiwaju Bola Ahmed Tinubu. There is no other politician in...

OPINION: WHY OKONJO IWEALA IS DIFFERENT FROM DIEZANI  ALISON-MADUEKE

Isn’t it amazing that whenever some people call for the probe of Mrs Diezani Alison-Madueke by General Muhammadu Buhari, they always find a way to drag the name of Dr Ngozi Okonjo-Iweala into the mix? This is really unacceptable considering...

OPINION: ELECTORAL VICTORY NOT MILITARY CONQUEST

I am constrained to speak on this issue as PDP government of President Jonathan prepares to hand over power to the incoming APC government on May 29,2015. There is an urgent need for enlightenment about what electoral victory really means...

OPINION: STILL ON IEDPU’S INFAMOUS ADVERTORIAL FOR BUKOLA SARAKI

At the end of time, it is said that several unbelievable things would be happening such as people openly rebelling against God and giving recognition to overtly satanic, shameful and immoral cause in desperate bid to satisfy human greed...

OPINION: WHERE NIGERIA’S POWER ROADMAP MISSED ROAD

Despite investing over $30 billion in the sector in the past 15 years, Nigeria’s epileptic power supply has taken a turn for the worse in recent months. Today, the total electricity supply is less than 2,100 megawatts (MW) for...

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