Business
U.S. Economy Contracts In First Quarter; Dollar Hits Corporate Profits
The U.S. economy contracted in the first quarter as it buckled under the weight of unusually heavy snowfalls, a resurgent dollar and disruptions at...
U.S. Funds Raise Equity Allocation, Cut Euro Zone Assets: Reuters Poll
U.S. fund managers recommended increasing equity exposure in a model portfolio in May, a Reuters poll showed, raising allocations in mainly North American and...
Intel Nears $15 Billion Deal To Buy Altera: NY Post
Intel Corp (INTC.O) is close to a deal to buy smaller chip maker Altera Corp (ALTR.O) for about $15 billion, the New York Post...
Nigeria’s Adesina Elected President, African Development Bank
SAN FRANCISCO, May 28, (THEWILL) – Nigeria’s outgoing Minister of Agriculture and Rural Development, Akinwunmi Adesina was Thursday elected the 8th President of the...
FirstBank’s Onasanya Retires As GMD
…Highly reputed as architect of the modern FirstBank
BEVERLY HILLS, May 27, (THEWILL) – Mr. Bisi Onasanya is set to retire at a high point...
‘Fear Of The Unknown’ Caused Recent Fuel Scarcity – Diezani
BEVERLY HILLS, May 27, (THEWILL) – The Petroleum Affairs Minister, Mrs. Diezani Alison-Madueke, has lamented the recent nationwide fuel scarcity in the country, saying...
Dollar Retreats After Its Best Day In Two Years
A string of reversals from sharp moves the previous day marked global financial market trading on Wednesday, with stocks and oil gaining ground and...
G7 Finance Chiefs Meet With Growth Problem To Fix
Little more than a gentlemen's club in recent years, G7 finance ministers and central bankers have their work cut out this week to revive...
Altice Owner Drahi Says Wasn’t Ready For Time Warner Cable Buy
Patrick Drahi, the billionaire owner of European telecoms group Altice (ATCE.AS), said he put an end to talks to buy Time Warner Cable (TWC.N)...
NNPC Clarifies Reported French Court Award Of N95bn Judgement Against It
... Says No Cause for Alarm, Matter Already Resolved
BEVERLY HILLS, May 25, (THEWILL) – The Management of the Nigerian National Petroleum Corporation, NNPC has...