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Delta Air Lines Approves $5 Billion Buyback Plan, Hikes Dividend

Delta Air Lines Inc (DAL.N) announced a new $5 billion share buyback program and raised its quarterly dividend, aimed at returning more than $6 billion to shareholders through 2017. Delta shares rose 2.6 percent to $47.30 in trading before the...

Burundi Army Officer Says Dismisses President Nkurunziza

A senior Burundi army officer said on Wednesday he was dismissing Pierre Nkurunziza as president because his bid for a third term violated the constitution, and soldiers surrounded the state broadcaster building in the capital. The presidential office quickly rubbished...

Nissan Sees Profit Gains On Vehicle Sales Growth, Cost Cuts

Nissan Motor Co (7201.T), Japan's second-biggest automaker, said it expects operating profit to climb 15 percent this financial year, forecasting vehicle sales growth in most regions and promising large cost cuts. That follows robust earnings in the year just ended...

China Economy Loses More Steam In April, Further Stimulus On The Cards

China's money supply grew at its slowest pace on record and investment growth sank to its lowest in nearly 15 years as April data showed the world's second-largest economy was still losing momentum despite a concentrated burst of policy...

OPINION: NIGERIA’S HEADACHE: BUHARI’S PANADOL 

FACT: No Magician has ever contested for the post of the Nigerian President, Buhari is not a Magician. We voted for him because He told us that He is serious and ready to take Panadol for our collective headache for...

OPINION: HOW FAYEMI LOST TOUCH WITH THE GRASSROOTS: IGBEMO-EKITI AS A CASE STUDY

The main reason Kayode Fayemi and the APC lost woefully to Ayodele Fayose in the June 21, 2014 governorship elections in Ekiti State and subsequent elections in 2015, according to pundits, is that he lost touch with the grassroots. ...

OPINION: PDP RESURRECTION OR EXTINCTION IN 2019

As the Peoples’ Democratic Party (PDP) faces death penalty for its uncountable crimes against Nigerians since sixteen years ago, the remnant of its membership are consoling themselves with the hallucination of an acquittal under an Igbo President in 2019....

OPINION: ANY REASON FOR DISRESPECT OF COURT?

Michael Nzekwe and Mrs. Juliet Ibekaku are two Nigerian citizens who are currently before the National Industrial Court Abuja to challenge what they individually regarded as illegal termination of their lawful employment with the Economic and Financial Crimes Commission....

OPINION: PDP’s ANALYSES OF APC’s STRATEGY

The result of the Nigerian 2015 presidential election shows how elections are won and lost on the altar of strategies. The opposition All Progressives Congress (APC) did the impossible by unseating the ruling Peoples Democratic Party in the March...

CBN Fines Five Nigerian Banks Over Infractions

BEVERLY HILLS, May 12, (THEWILL) – The Central Bank of Nigeria (CBN) has fined five commercial banks for contravening the Banks and Other Financial Institutions Act in 2014. GT Bank, Zenith Bank, First City Monument Bank (FCMB), Access Bank and...

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