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Asian markets were mostly restrained on Friday as investors fret over the outlook for U.S. policy stimulus, but Japanese stocks forged ahead as the yen slid to a five-year trough on the dollar. The U.S. currency romped up to 103.925...

Seriously, one would have taken General Obasanjo’s letter to President Jonathan seriously but for the last paragraph of the 18-page letter. Please hear General Obasanjo out “I crave your indulgence to share the contents of this letter, in the first...

Hon Victor Afam Ogene is the present member and the Deputy Chairman on Public affairs Committee of the Federal House of Representatives representing Ogbaru Federal Constituency of Anambra State. He is also the publisher of the popular community newspaper...

Airbus parent EADS (EAD.PA) will not chase growth at any cost and will avoid investing in areas where growth looks shaky or inaccessible, the company's strategy chief said on Thursday. The company, which is in the process of selling its...

French carmaker PSA Peugeot Citroen (PEUP.PA) unveiled a 1.1 billion euro ($1.52 billion) writedown at its ailing overseas operations and won General Motors (GM.N) backing for a tie-up with China's Dongfeng. Peugeot and GM also lowered savings goals for their...

Global equities slipped to a one-month low on Thursday after a provisional budget deal in Washington prompted speculation the Federal Reserve policymakers will start trimming its stimulus as early as next week. "The chances of them doing something next week...

State-controlled Finnish utility Fortum has agreed to sell its local power distribution grid to a consortium of institutional investors led by First State Investments and Borealis Infrastructure for 2.55 billion euros ($3.5 billion). The deal is the latest in a...

God fatherism has seldom worked in Nigeria even thought it has been tried for a very long time in Nigeria’s history. Current efforts by many Nigerian leaders to create their successors will fail like the ones before them. The...

"The whole world step aside for the man that knows where he is going"—Johnnie Walker Quality is never ubiquitous. It is always for the discerning. The event was not particularly grandiose. Even the organiser doesn’t pretend it was meant to...

In 2011  Jude Agbaso, a young man  was made deputy governor of Imo state via the political connection of  his  elder brother Martin Agbaso . Jude had no idea about governance. He knew nothing about  politics . He had...