Business
Naira Closes N305/$ As Investors Await Devaluation At MPC Tuesday
SAN FRANCISCO, January 25, (THEWILL) – The naira dipped further against the dollar across segments of the foreign exchange (FX) market on monday, due...
Oil Falls 3 Percent On Swelling Oversupply
Oil prices fell 3 percent on Monday as Iraq announced record-high oil production feeding into a heavily oversupplied market, wiping out much of the...
Exxon Sees A World With Less Carbon But Higher-Cost Emissions
Exxon Mobil Corp on Monday said efficiencies and increased use of renewable fuels will cut by half the carbon intensity of the world's economy...
Mcdonald’s Sales Beat As All-Day Breakfast A Hit
McDonald's Corp (MCD.N) reported better-than-expected quarterly same-restaurant sales as the launch of all-day breakfasts proved to be a hit with diners in the United...
Alibaba Revenue Growth Seen Slowest On Record; To Intensify Fight With JD.Com
Chinese e-commerce giant Alibaba Group Holding Ltd is expected to post its weakest quarterly revenue growth on record, Thomson Reuters data shows, a slowdown...
Calmness In FX Market As CBN Refunds N35m MCD to BDCs
SAN FRANCISCO, January 24, (THEWILL) – The Foreign Exchange (FX) market, specifically the Bureau De Change (BDC) segment, is expected to enjoy some level...
Google To Pay $185 Million UK Back Taxes, Critics Want More
Google has agreed to pay 130 million pounds ($185 million) in back taxes to Britain, prompting criticism from opposition lawmakers and campaigners who said...
IMF’s Lagarde Says Markets Need Clarity On China Currency
Financial markets need more clarity on how Chinese authorities are managing their currency, particularly the relationship of the yuan to the U.S. dollar, IMF...
Apple’s Zadesky, Head Of Electric Car Project, To Leave Company: WSJ
Apple Inc's (AAPL.O) Steve Zadesky, who has been overseeing the company's electric car project for the last two years, has said he is leaving...
Toshiba To Sell Part Of Its Chip Operations: Sources
Japan's Toshiba Corp plans to sell part of its chip business as it aims to recover from a $1.3 billion accounting scandal, three people...
