The leader of the Islamic State militant group that controls tracts of Syria and Iraq has accepted a pledge of allegiance from Nigerian Islamists Boko Haram, his spokesman said, calling on supporters to fight in Africa.
Boko Haram, which has...
Queen Elizabeth joined army top brass and relatives of British soldiers who died in Afghanistan at a commemoration service at St Paul's Cathedral in London on Friday, marking the end of 13 years of British military operations in the...
When Sri Lanka's President Maithripala Sirisena received India's Prime Minister Narendra Modi at an ocean-front colonial building on Friday, the two looked out over a $1.4 billion Chinese real estate project halted days ago after criticism from New Delhi.
The...
Oil fell below $57 a barrel on Friday after the International Energy Agency said a global oil glut was building and U.S. oil production showed no signs of slowing yet.
The IEA, which advises industrialized countries, said in its monthly...
UniCredit is in discussions with U.S. authorities investigating the Italian bank for possible violations of sanctions on Iran, its chief said after news Commerzbank had agreed to a settlement in a related probe.
Commerzbank will pay U.S. authorities $1.45 billion...
From cut-price apple pies to free iPads, companies in China are transforming Sunday's dreaded consumer rights day into a shopping frenzy, to blunt the impact of being named and shamed in state broadcaster CCTV's annual expose.
McDonald's Corp is discounting...
The global oil glut has posed both economic and fiscal threats to exporting countries. Specifically, it has left in its trail job losses, currency devaluation, depleted foreign reserves, etc. Nigeria has had her fair share of this. Within this...
The suit to stop the Independent National Electoral Commission (INEC) from using the electronic smart card readers for accreditation during the rescheduled general elections in the country has suffered a setback.
One of the four political parties, which instituted the...
It shouldn't be any surprise, but the presidential election is shaping up as a case study in how to manipulate the democratic process. That President Jonathan and the Peoples Democratic Party (PDP) are hell bent to rig the March...