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Tension Between FG, Buhari Transition Committees As Jonathan Warns Against Running Parallel Govt.

SAN FRANCISCO, April 29, (THEWILL) – The transition committees of the Federal government and President-elect, General Muhammadu Buhari have clashed over what the Federal Executive Council (FEC) described as over the board terms of reference being bandied by members...

Mastercard Profit Rises On Lower Tax Expense

MasterCard Inc (MA.N), the world's No. 2 debit and credit card company, reported a 17 percent rise in quarterly profit as people spent more using its cards and the company paid lower taxes. MasterCard shares were up about 2 percent...

Barclays Takes Extra $1.2 Billion Hit For Potential Forex Settlements

Barclays (BARC.L) set aside another 800 million pounds ($1.2 billion) on Wednesday to cover potential settlements for alleged foreign exchange manipulation, hitting profits and reflecting its struggle to put past problems behind it. Barclays said it had now set aside...

Exclusive: Japan Considering Joint U.S. Air Patrols In South China Sea – Sources

Japan's military is considering joining the United States in maritime air patrols in the South China Sea in response to China's increasingly assertive pursuit of territorial claims, a Japanese and a U.S. source familiar with the discussions said. News of...

China Agrees $2-Billion Infrastructure Deal With Equatorial Guinea

China's biggest lender by assets, Industrial and Commercial Bank of China, said on Wednesday it had signed an infrastructure pact worth $2 billion with the oil-rich west African nation of Equatorial Guinea. The agreement was signed on Tuesday following a...

Indonesia Executes Drug Traffickers, Sparks Anger From Australia, Brazil

An Indonesian firing squad executed eight drug traffickers, including seven foreigners, in the early hours of Wednesday, sparking condemnation from Australia and Brazil who had made final, desperate pleas to save their nationals. The mass execution cements the hard line...

Alibaba’s Ma Says Freezing Hiring After Growing ‘Too Quickly’: Report

Chinese e-commerce giant Alibaba Group Holding Ltd is freezing hiring for the rest of the year because it has grown "too quickly", Executive Chairman Jack Ma told staff. "Alibaba has really developed too quickly ... this year our entire group...

Britain Issues Burundi Travel Warning After Protests In Capital

Britain warned its citizens on Wednesday to avoid "all but essential travel" to Burundi, where protesters have taken to the streets of the capital for four straight days to protest at President Pierre Nkurunziza seeking a third term. Since Sunday,...

OPINION: ANOTHER APPROACH TO THE SOUTH AFRICAN ATTACKS

The destructive attacks in South Africa on Nigerians and other sub-Saharan Africans are tragic and mindlessly wrong. The assaults sorely bruise the objective of inter-African harmony. They also put an eraser to the idyll of progress and domestic tranquility...

OPINION: OPEN LETTER TO APC

From the innermost chambers of my heart I want to celebrate all the leaders of APC, from the commonest members to the President-Elect, General Muhammadu Buhari. I appreciate all of you for taking the Bull by the horns to...

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