Business

Brent oil bounced back from a three-month low to around $57 a barrel on Wednesday after an industry report showed a larger-than-forecast drop in U.S. crude stocks and Iran nuclear talks failed to produce a deal. Oil had come under...

British bank Barclays has ousted Chief Executive Antony Jenkins after three years in the post, saying on Wednesday it had decided new blood would help accelerate strategic change and boost shareholder returns. Shares in the bank were up 3.2 percent...

BEVERLY HILLS, July 07, (THEWILL) – BitX, a leading international Bitcoin company, has strengthened its position as the leading Bitcoin player in Africa by launching in Nigeria, Africa’s largest consumer market. In a statement issued on Tuesday, BitX CEO, Marcus...

SAN FRANCISCO, July 07, (THEWILL)  – The Presidency Tuesday said it has not included funds in the Excess Crude Account (ECA) in the bailout package approved by President Muhammadu Buhari for states to pay wages as reported in the...

U.S. stocks fell more than 1 percent on Tuesday, with the S&P 500 index trading below a key technical mark, as concerns of a slowdown in China weighed on commodity prices and investors fretted over aid talks for Greece...

South Korean tech giant Samsung Electronics Co Ltd (005930.KS) on Tuesday guided for weaker-than-expected second-quarter earnings, as a supply shortage plagued its latest smartphone launch and tepid demand from key markets likely undercut sales. The guidance suggests that Samsung, while...

BEVERLY HILLS, July 06, (THEWILL) -  The naira Monday hit an all time low against the United States dollar trading at N235 - $1 at the parallel market, currency dealers said. The naira traded at N230 - $1 on Friday. Traders...

BEVERLY HILLS, July 06, (THEWILL) – Honda Motor Corporation says it has started building cars in Nigeria by retooling part of its factory that previously made motorcycles. The firm’s new chief executive, Takahiro Hachigo, disclosed this on Monday in Tokyo...

BEVERLY HILLS, July 06, (THEWILL) – As the nation's economy comes under pressure due to the paucity of funds occasioned by the fall in the price of crude oil in the international market, President of Dangote Group, Alhaji Aliko...

Shares fell, the euro stumbled and yields on weaker euro zone economies' bonds rose after Greece overwhelmingly voted against conditions for a rescue package, but there was no rout and contagion was limited. Investors sought low-risk assets including Bunds, but...