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Asia Stocks In Hesitant Mood; Euro Holds Gains

Asian share markets were in hesitant mood on Wednesday as investors keep a wary eye on interest rates in China, though the euro left the dollar in its dust after soft U.S. economic data argued for the Federal Reserve...

Vodafone Details Share Proceeds From Verizon Deal

Vodafone (VOD.L) said on Wednesday shareholders would receive 0.026 shares in Verizon Communications (VZ.N) for each Vodafone share they own as part of their payout for the $130 billion sale of the group's stake in Verizon Wireless. The British company...

Standard Chartered Considers HK Consumer Finance Unit Sale: Sources

Standard Chartered Plc (STAN.L) is seeking buyers for a Hong Kong consumer finance business worth $500 million to $700 million, according to people familiar with the matter, as the Asia-focused lender sells off peripheral businesses. A sale would come after...

China Aims For 100 Percent Bank Liquidity Coverage Ratio By 2018

China's banks will have to increase their liquidity coverage ratio (LCR) to 100 percent by 2018 under new rules to take effect from March 1, the banking regulator said on Wednesday. The China Banking Regulatory Commission (CBRC) also reaffirmed its...

OPINION: BESIEGED BY THE POLICE

President Goodluck Jonathan is notorious for moving at slower than the speed of a snail when called upon to address issues that rather demand alacrity. Yet, Nigerians are besieged by a terrible plague that Mr. Jonathan can—and should—address immediately....

Ekiti Government To Reopen Murder Case Against Fayose, Others – Source

BEVERLY HILLS, February 18, (THEWILL) - Barring any last minute change of plans, the Ekiti State government will any moment from now reopen the case instituted against former governor of the State, Mr. Ayodele Fayose, Chief Dayo Okondo and...

OPINION: THE ANTI-CHINA QUESTION:

Defining New Terms of Engagement in the China – Africa Relations In Africa, exports are booming and export markets have become more diversified. Foreign direct investments have increased by a factor of six over the past decade. Private entrepreneurs have...

OPINION: NIGERIA’S POLITICAL HIGI HAGA AND…

The smell of stockfish being cooked is one of the most powerful and recognizable aromas that mankind has ever encountered. Max Siollun Last week I heard this dream of a great Nigeria, the dream that Nigeria could be great, but...

OPINION: A VOICE FROM THE DIASPORA: SANUSI: THE REIGN OF THE UNSURE BANKER

Mallam Sanusi Lamido Sanusi, would go down in history as the most controversial Governor of the Central Bank of Nigeria (CBN). From his actions and words these past five years since his appointment as the boss of the apex...

NNPC Explains Why Kerosene Is Sold Beyond Official Price

… Implores Consumers to Switch to Cooking Gas … Reassures adequate Supply of PMS in Lagos, Environs SAN FRANCISCO, February 18, (THEWILL) - The Management of the Nigerian National Petroleum Corporation, NNPC, has said that diversion of kerosene to neighbouring countries, industrial...

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