Business

World Bank Projects 4.6% Economy Growth For Nigeria In 2016

SAN FRANCISCO, January 12, (THEWILL) – The January 2016 Global Economic Prospects released by the World Bank has forecast that Nigeria’s economic growth index...

Naira Closes N282 After CBN Stops FX Sales To BDCs

BEVERLY HILLS, January 11, (THEWILL) – The Naira on Monday depreciated significantly against the Dollar after the Central Bank of Nigeria (CBN) stopped foreign...

After Dreadful Week, Stocks Look For Reason To Bounce

Investors who were bloodied in the year-opening stock rout will be hard pressed to find any salve next week. With prospects dimming for a strong...

Pfizer Hikes U.S. Prices For Over 100 Drugs On January 1

Pfizer Inc (PFE.N), which plans a $160-billion merger with Ireland-based Allergan Plc (AGN.N) to slash its U.S. tax bill, on Jan. 1 raised U.S....

GM Europe Operations Still Loss-Making In 2015: CEO In Magazine

The European division of General Motors (GM.N) was still loss-making in 2015, but hopes to return to profit this year, the division's chief executive...

Exclusive: With Luxury Acura Makeover, Honda Aims For Brand Survival, China Revival

As part of a broader makeover, and even the survival, of its stalled luxury Acura brand, Japan's Honda Motor Co (7267.T) will launch a...

Facing U.S. Storm, VW Set For Easier Ride In Europe On Emissions Scandal

Volkswagen (VOWG_p.DE) is unlikely to face U.S.-style fines in Europe over its emissions scandal because of a softer regulatory regime and its home country...

FirstBank Expands, Moves To Senegal

BEVERLY HILLS, January 08, (THEWILL) – First Bank of Nigeria Limited, a subsidiary of FBN Holdings plc, has unveiled a major expansion, FBNBank Senegal,...

Analysts Predict Stability In FGN Bond Prices

BEVERLY HILLS, January 08, (THEWILL) – Analysts at Cowry Asset Management Limited have predicted a stability in Federal Government Bond (FGN bond) prices in...

Chelsea’s Wage Bill Highest In Premier League

Chelsea Football Club's wage bill shot up £25m in the year to 30 June 2015, its latest Companies House filing shows. It means Chelsea's wage...
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