Business
MTN N1.04trn Fine Slashed To N674bn As Company’s CEO, Ikpoki, Resigns
BEVERLY HILLS, December 03 (THEWILL) – The Nigerian Communications Commission, NCC, has reduced to N674bn the N1.04trn fine earlier imposed on the MTN Group...
CBN Threatens To Sanction Banks Involved In Money Laundering
BEVERLY HILLS, December 02 (THEWILL) – The Central Bank of Nigeria, CBN, Wednesday threatened to blacklist commercial banks used for money laundering, even as...
U.S. Debt Limit Threat Defanged On Wall Street
Wall Street trembled when Republicans first began threatening to force the United States into default by not raising the federal debt limit, but after...
Facebook’s CEO And Wife To Give 99 Percent Of Shares To Their New Foundation
Mark Zuckerberg will put 99 percent of his Facebook Inc (FB.O) shares, currently worth about $45 billion, into a new philanthropy project focusing on...
Wall Street Pares Gains After Weak Manufacturing Data
Wall Street kicked off the last month of the year on a positive note but pared early gains after data showed the U.S. manufacturing...
Amazon Gadget Sales More Than Triple Over Thanksgiving Weekend
Amazon.com Inc said sales of its electronic gadgets more than tripled over the Thanksgiving weekend from last year, with the Fire tablet the top-selling...
Volvo Car Group Sales Hit Record High In November
Chinese-owned Volvo Car Group's sales rose 26 percent in November from the same month last year to reach a record high, helped by strong...
Chinese Banks Miss Out On The Party As Asian M&As Pass $1 Trillion Mark
A surge in Chinese cross-border technology and telecoms deals has helped mergers and acquisitions in Asia Pacific cross $1 trillion for the first time...
Senate Shoots Up N465.3bn Supplementary Budget To N521bn
BEVERLY HILLS, December 01 (THEWILL) – The Ministries of Petroleum Resources, Budget and National Planning and Finance have been directed by the Senate to reconcile...
Nigeria’s External Reserves Has Dropped To $30.04bn – CBN
SAN FRANCISCO, November 30, (THEWILL) – The Central Bank of Nigeria (CBN) said that the nation's foreign reserves fell to 30.04 billion dollars as...
