Business

BEVERLY HILLS, March 08, (THEWILL) - The U.S. Secretary of State Rex Tillerson said on Thursday that African countries should be careful not to forfeit their sovereignty when they accept loans from China, the continent’s biggest trading partner. Tillerson is...

SAN FRANCISCO, March 06, (THEWILL) - Africa’s richest man, Alhaji Aliko Dangote, on Tuesday, described Lagos as the most convenient and peaceful state for doing business. He made this known in a terse remark at the Lagos Means Business forum which...

BEVERLY HILLS, March 02, (THEWILL) - The Minister of Agriculture and Rural Development, Mr Audu Ogbeh says Thailand has accused Nigeria of being responsible for the collapse of its seven rice mills following the drastic fall in rice importation...

BEVERLY HILLS, March 01, (THEWILL) - United Bank for Africa (UBA) Plc, a pan-African banking group and China Development Bank (CDB), the world’s largest development finance institution, on February 27, 2018 announced the signing of a letter of intent for...

BEVERLY HILLS, March 01, (THEWILL) - The National Bureau of Statistics (NBS) has stated that the total amount of foreign capital attracted by the Nigerian economy in 2017 stood at $12.2 billion. This was contained in report released by the agency on...

Jolted by the global investment craze over bitcoin and other cryptocurrencies, U.S. lawmakers are moving to consider new rules that could impose stricter federal oversight on the emerging asset class, several top lawmakers told Reuters. Bipartisan momentum is growing in...

World stocks were set for a sixth session of gains on Monday, extending a recovery from a selloff sparked by fears of creeping inflation and higher borrowing costs. Gains were marginal, however, and scored largely in Asian markets, with Japan’s...

The head of the U.S. Consulate in Nigeria’s capital says U.S. support for Nigeria’s economy will continue given the African country’s demographics. United States Consul General F. John Bray spoke with The Associated Press on Monday after participating in the...

BEVERLY HILLS, January 24, (THEWILL) -Oil prices were firm on Wednesday, receiving ongoing support from healthy economic growth as well as from supply restrictions led by a group of producers around the Organisation of the Petroleum Exporting Countries (OPEC)...

The U.S. Federal Trade Commission is set to make a second request for information on chipmaker Broadcom Ltd’s (AVGO.O) $103 billion hostile bid for Qualcomm Inc (QCOM.O), people familiar with the matter said on Friday, indicating heightened antitrust scrutiny. The...