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Asian Shares Struggle; Yen Firms As BOJ Stays Upbeat

Asian shares struggled on Wednesday, while the yen strengthened to session highs after the Bank of Japan's latest upbeat economic projections suggested no additional stimulus was on the near-term horizon. Overall, caution reigned ahead of the outcome of the Federal...

Alstom To Review GE Offer For Energy Business

France's Alstom said on Wednesday it would review a binding offer from General Electric for its energy business by the end of May but left the door open for a competing bid from Germany's Siemens. The decision to give Siemens...

Twitter Disappoints Again On User Growth And Views; Shares Drop

Twitter Inc reported lackluster user and usage growth for the second consecutive quarter on Tuesday, deepening investor concerns about its struggle to gain a mass following. Twitter's stock fell more than 10 percent after hours to $38.05, below its post-initial...

OPINION: THE TIME OF THE GROSS DOMESTIC PRODUCERS

That Nigeria has passed South Africa as Africa’s largest economy when calculated by Gross Domestic Product is almost old news. The coverage of that feat afforded Nigeria’s image a rare shining moment in the foreign media. As Uri Friedman...

OPINION: AS CORRUPTION AND INSECURITY STIFLE AFRICA’S GROWTH

At exactly 6am on Monday morning, I was rudely awoken by the sad breaking news of a bomb explosion in Nyanya, a suburb of the Federal Capital Territory which reportedly resulted in scores of fatalities made up mostly of...

OPINION: THE MONSTROUS CENTRE

Nigeria operates a federal system of government or so we are made to believe. What has been masquerading as a federal system is no more different from the unitary system of government practiced by the military. It is not...

OPINION: UMANA AND THE CULTURE OF FALSEHOOD IN AKWA IBOM

It's with great apathy, that I read the utter balderdash written by Mmekabasi Akpabio, whom I have chosen to excuse, not because of his low level of knowledge of the imperatives of town hall meetings in a democracy, but...

Ex-PHCN Workers Sack Benin Electricity Distribution Company’s Offices In Delta Over Non-payment Of Severance Benefits

SAN FRANCISCO, April 29, (THEWILL) – Former employees of the defunct Power Holding Company of Nigeria (PHCN) Tuesday sacked the Warri, Ughelli and other offices of the Benin Electricity Distribution Company's (BEDC) in Delta State over the non-payment of...

NBA Bans Clippers Owner For Life Over Racist Comments

The National Basketball Association on Tuesday banned Los Angeles Clippers owner Donald Sterling from the game for life and fined him $2.5 million for racist comments that outraged everyone from players, to fans, coaches and the U.S. president. Sterling, the...

Abducted School Girls: House Summons Service Chiefs

...Parents Accuse FG Of Insensitivity BEVERLY HILLS, CA, April 29, (THEWILL) – The House of Representatives Tuesday summoned all the Service Chiefs over the abduction of 236 abducted girls from Government Secondary School, Chibok, Borno State, by Boko Haram insurgents. The...

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