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Samsung’s Lower First-Quarter Estimate Highlights Smartphone Challenges

Samsung Electronics Co Ltd on Tuesday said it is on track to post its second straight quarter of profit decline, as slowing smartphone sales growth continued to weigh on earnings. The South Korean tech giant estimated that its January-March operating...

U.S. Jury Orders Takeda To Pay $6 Billion Over Actos Claims

A U.S. jury ordered Takeda Pharmaceutical Co Ltd to pay $6 billion in damages over claims that it concealed cancer risks associated with its Actos diabetes drug, the plaintiffs' lawyer said on Tuesday. The massive award was met with "stunned...

GM To Invest $450 Million In Two Michigan Plants: Detroit News

General Motors Co (GM.N) is expected to announce on Tuesday a $450 million investment plan in two of its Michigan plants to bolster its electric car research and production capabilities, the Detroit News reported, citing people familiar with the...

Lawmaker Cautions Against Call for Probe of Crude Oil Swaps

Chairman of the House of Representatives Committee on Finance, Hon. Abdulmumin Jibrin, has cautioned the All Progressives Congress (APC) against its call on the National Assembly to probe the crude oil-for-petroleum-products barter programme and particularly beam its searchlight on...

OPINION: THE STRANGE DREAM OF A MUSLIM/MUSLIM TICKET (PART 1)

''The last notable Christian-Christian ticket was Awolowo-Umeadi in 1979 and the last notable Muslim-Muslim ticket was Abiola-Kingibe in 1993. You can figure out the rest. But let the optimists know that reality always trounces wishful hope in political contests....

OPINION: WHO KILLED PROFESSOR IYAYI?

There is a general climate of lawlessness, anarchy and apprehension in Nigeria. These negative but frightening feelings among the majority of Nigerians are occasioned by the seemingly unrelenting regime of impunity and the apparent failure of law enforcement mechanisms. This...

OPINION: SO GOVERNMENT GAVE N11BN TO AUTO CABAL AND TOOK N1BN FROM UNEMPLOYED YOUTH

I am trying very hard to understand this… perhaps I am a bit slow. I read and re-read the media release from the Mr Aminu Jalal, the Director-general of NAC (National Automotive Council), looking for where he mentioned that...

OPINION: DAVID MARK: THE ENIGMA AT 66

It could pass for another yearly ritual- the birthday of David Mark- which comes up on Tuesday, April 8.  But, somehow, the ritual has not lost its quintessence.  It has continued to reinforce its profound meaning in the context...

Oronsaye Report: FG To Scrap NAPEP, Merge NAMA, NCAA, NIMET

PRESIDENT GOODLUCK JONATHAN (L), RECEIVING THE REPORT OF THE STEVE ORONSAYE LED PRESIDENTIAL COMMITTEE ON RATIONALISATION AND RESTRUCTURING OF FEDERAL GOVERNMENT PARASTATALS, COMMISSIONS AND AGENCIES IN ABUJA The Federal Government has released the white paper on the report of the...

Apo Killings Unlawful, Says NHRC

...Asks FG to Pay N135m Compensation To Victims' Relatives BEVERLY HILLS, CA, April 07, (THEWILL) – The National Human Rights Commission (NHRC) Monday faulted the action of the men of the Department of State Security (DSS) as it declared the killing...

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