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A first group of Iraqi Kurdish peshmerga fighters entered the besieged Syrian town of Kobani on Thursday to help push back Islamic State militants who have defied U.S. air strikes and threatened to massacre its Kurdish defenders. Kobani, on the...

ConocoPhillips, the largest U.S. independent oil company, on Thursday reported a higher third-quarter profit as results were lifted by the sale of its Nigerian business. Profit was $2.7 billion, or $2.17 per share, compared with $2.5 billion, or $2.00 per...

U.S.-listed shares of major European banks were among the biggest movers of the premarket session on Thursday, continuing to see weakness ever since the results of the European Central Bank's stress tests were published over the weekend. The Euro STOXX...

Samsung Electronics Co Ltd (005930.KS) on Thursday said it would revamp its smartphone line-up to take on competitors in the rapidly growing mid-to-low range segment, after third-quarter earnings set it on course for its worst year since 2011. The global...

The dollar surged to a three-week high, bond yields rose and gold fell on Thursday after the U.S. Federal Reserve ended its six-year quantitative easing bond-buying program. The decision was widely expected, but a relatively hawkish tone to the accompanying...

A robust pace of business spending likely buoyed U.S. economic growth in the third quarter, a sign corporate chieftains have confidence in the sustainability of the recovery. Gross domestic product likely grew at a 3.0 percent annual pace, according to...

With the recent declaration of President Jonathan to run for a second term, the political atmosphere of Nigeria is now fully charged. While the major opposition party continues the foot dragging on who to present against the president come...

Late last week (Thursday, October 16, 2014), the All Progressives Congress (APC) startled decent Nigerians when its national chairman, Mr. John Odigie-Oyegun, announced that the party put the cost of its expression of interest and nomination forms at the...

If you want to truly understand something, try to change it. – Kurt Lewin The announcement made by retired General Muhammed Buhari that he’s running for the presidency spread through Nigeria and the Nigerian community on social media faster than...

Many authors have written several articles on the impact of politics on business in Nigeria. Some are of the opinion that politics (i.e government) impact on business is overrated while another School of Thought believes that politics has a...