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House Seeks End To Fuel Shortage, Mediates In IPMAN Crisis

BEVERLY HILLS, CA, April 02, (THEWILL) – Apparently worried about the effects of fuel scarcity on Nigerians, the House of Representatives Thursday directed its joint committees on Petroleum Resources (Downstream) and Labour to meet with the two factions of...

Lebanon Marks ‘Devastating’ Milestone With Millionth Refugee

The number of Syrian refugees who have fled to Lebanon officially topped 1 million on Thursday, highlighting the growing humanitarian catastrophe caused by Syria's civil war and the huge burden placed on its poorly prepared neighbors. The United Nations refugee...

Libya Sees ‘Good Intentions’ At Talks With Rebels, Ports Might Reopen Within Days

Libya sees "good intentions" at ongoing talks with eastern rebels which might lead to the lifting of their blockage of major oil ports within days, acting oil minister Omar Shakmak said on Thursday. "There are good intentions," he told reporters...

Chad To Withdraw Troops From AU Mission In Central African Republic

Chad said on Thursday it would withdraw its troops from an African Union peacekeeping mission in Central African Republic, a setback to efforts to build a large international force to stem religious conflict in the impoverished country. Chadian soldiers have...

Chile Hit By Powerful Quake Aftershock, No Major Damage

A powerful 7.6-magnitude earthquake struck off northern Chile late on Wednesday but there were no reports of damage and a precautionary tsunami alert along the coast and in neighboring Peru was called off. It was the strongest of several aftershocks...

Court Tells FG To Tender Public Apology To Sanusi

The Federal High Court sitting in Lagos, on Thursday, declared the seizure of suspended Central Bank of Nigeria (CBN) Governor, Mr Lamido Sanusi’s passport unlawful. The court asked the Federal Government to return the document and tender a public apology...

Taleveras Clears Air On Crude Oil Swaps

Taleveras Group said the Nigeria Extractive Industries Transparency Initiative (NEITI) in its audit report listed 52,308,878.00 USD value against it in the crude oil swap arrangement, and not 152,308, 878 litres as grossly misinterpreted. NEITI in its audit report submitted...

Wall Street To Open Flat After Claims Data; ISM On Tap

U.S. stocks were poised to open little changed on Thursday, after the S&P 500 set a record for a second day and data showed jobless claims rose more than expected in the latest week. Initial weekly claims for state unemployment...

Despite Hurdles, Delphi’s Liability In GM Recall Could Be Tested

Delphi Automotive's name does not appear on the outside of the 2.6 million vehicles recalled by General Motors Co since February, but the company is getting drawn into a mounting wave of litigation for its role in producing the...

Trade Deficit Widens As Exports Fall

The U.S. trade deficit unexpectedly widened in February as exports fell to their lowest level in five months, further signs economic growth slowed in the first quarter. The Commerce Department said on Thursday the trade gap increased 7.7 percent to...

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