Business

CIBN Accredits Keystone Bank Training Academy

BEVERLY HILLS, October 04, (THEWILL) - The Chartered Institute of Bankers of Nigeria (CIBN) has certified and granted full accreditation status to the Keystone Bank Limited Training Academy in Lagos, in recognition of its compliance with regulatory standards and best...

EU Orders Amazon To Repay $295 Million In Luxembourg Back Taxes

Amazon (AMZN.O) was told on Wednesday to pay about 250 million euros ($295 million) in back taxes to Luxembourg, the latest U.S. tech company to be caught up in a European Union crackdown on unfair tax deals. The fine was...

Stocks Inch Higher, Dollar Pares Losses On Data

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An index of global stocks edged up to a fresh intra-day high on Wednesday, helped by signs of strong economic growth worldwide, while the dollar pared losses on data showing the U.S. service sector accelerated in September to its...

French Retailer Leclerc Approached By Amazon Over Logistics Partnership

Privately-held French supermarket operator Leclerc has been approached by U.S. technology group Amazon (AMZN.O) over possible logistics partnerships, as speculation intensifies over Amazon’s intentions in the supermarket sector. “Yes, we have been approached by Amazon,” Michel-Edouard Leclerc, who heads the...

Yahoo Says All Three Billion Accounts Hacked In 2013 Data Theft

Yahoo on Tuesday said that all 3 billion of its accounts were hacked in a 2013 data theft, tripling its earlier estimate of the size of the largest breach in history, in a disclosure that attorneys said sharply increased...

UK’s SFO To Charge Afren Ex-CEO, COO Over Nigeria Deals

Britain’s Serious Fraud Office said on Tuesday it will bring charges against two former executives of collapsed oil company Afren this week over alleged fraud relating to business deals in Nigeria. The SFO said it would bring the charges on...

Nigeria’s NPDC Says To Raise Output To 300,000 Bpd By 2018

The main subsidiary of Nigeria’s state oil company said on Monday it planned to increase production from fields in which it owns stakes to 300,000 barrels per day by 2018 from the current level of 180,000 bpd. Nigerian Petroleum Development...

UBA Disrupts Market, Delights Customers With Callback Technology

SAN FRANCISCO, September 25, (THEWILL) - It would appear that the United Bank for Africa Plc has carved a niche for itself and gone way above its peers with its deployment of Al-powered Callback Technology. The Al-Powered Callback Technology is...

Walt Disney Threatens To Pull ESPN, ABC From Optimum

Walt Disney Co (DIS.N) has threatened to pull its programming from the fourth largest U.S. cable distributor, Altice USA, if the two parties cannot reach a deal before the end of the month, the cable company said on Sunday. New...

Apologizing To London, Uber CEO Offers Change To Keep License

Uber’s new boss Dara Khosrowshahi apologized to Londoners for the taxi app’s mistakes and pledged to make changes as the Silicon Valley firm tries to overturn a decision to strip it of its license in one of its...