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SAN FRANCISCO, March 25, (THEWILL) – The Central Bank of Nigeria (CBN) Lagos Office is on fire. The fire reportedly started at about 6pm local time. Fire fighters have arrived the scene and battling the inferno which reportedly started on the...

SAN FRANCISCO, March 25, (THEWILL) – The Presidency on Tuesday said President Goodluck Jonathan never confirmed withholding of $10bn from the Federation Account as reported in some newspapers. "Reports in some domestic media today which quoted President Goodluck Jonathan as...

BEVERLY HILLS, CA, March 25, (THEWILL) – A fresh Boko Haram attack in Maiduguri, the Borno State capital, Tuesday morning, killed 10 persons, including five policemen. The incident happened on the outskirts of Maiduguri near Dalori Housing Estate. Eye witness account...

Google has teamed up with Ray-Ban maker Luxottica in a bid to turn its Internet-connected Glass spectacles into a widely-available, stylish consumer product. In a statement late on Monday, Luxottica, the world's biggest eyewear maker, said it had agreed to...

Russia and the West sought to draw a provisional line under the Ukraine crisis on Tuesday after major industrialised nations warned Moscow of tougher economic sanctions if it goes beyond the seizure of Crimea. After initially scoffing at a decision...

For a country aspiring to be a modern military power in a volatile region, a sequence of fatal accidents aboard its submarines has demonstrated why India's next government needs to straighten out its defence priorities. The resignation of the naval...

Warning of "enormous" dangers, Kuwait urged Arab leaders on Tuesday to resolve a lengthening list of disputes complicating crises such as Syria's war and political strife in the biggest Arab state, Egypt. The annual summit of the 22-member Arab League...

… As Council Opens Probe Into CBN, Controversial Acquisition Of Intercontinental Bank Plc By Access Bank BEVERLY HILLS, CA, March 24, (THEWILL) – The Financial Reporting Council of Nigeria has invited the suspended Governor of the Central Bank of Nigeria...

Shares were in a defensive mode on Tuesday on uncertainty over Ukraine and the global economy, though still-vague hopes of stimulus measures from China may be supporting investor sentiment. Short-dated U.S. Treasuries prices wobbled, taking short-term U.S. bond yields to...

U.S. prosecutors are considering using the legal theory behind a $1.2 billion penalty imposed on Toyota to go after misconduct in industries ranging from auto and airplane makers to mining, a Justice Department official told Reuters. The charges of wire...