Business

SAN FRANCISCO, August 10, (THEWILL) – Pan-African Financial Services group, United Bank for Africa (UBA) Plc was last Saturday honoured with an award as Nigeria's biggest lender to agriculture. The award was conferred on the bank by the Lagos...

Google Inc (GOOGL.O) announced a major shake-up of its operating structure on Monday, creating a holding company called Alphabet which will contain subsidiaries to separate its core web advertising business from newer ventures like driverless cars. The move appeared to...

A deepening slowdown in demand in China took center-stage on Monday, boosting some stock markets on hopes of more policy stimulus even as it knocked commodity prices. China's stock markets bucked broad cautiousness in Asian equities with major indices up...

Nokia NOK1V.HE is hiring software experts, testing new products and seeking sales partners as it plots its return to the mobile phone and consumer tech arena it abandoned with the sale of its handset business. Once the world's biggest maker...

BEVERLY HILLS, August 09, (THEWILL) – Nigeria’s central bank Sunday said it would fulfill all eligible and legitimate requests for foreign exchange such as remittances for school fees, student maintenance allowances, Business Travel Allowance (BTA), Personal Travel Allowance (PTA),...

… Standard Chartered Bank Too, Others To Follow Customers of Guaranty Trust Bank Plc, one of Nigeria’s leading banks, will only be eligible to charge $300 per day for international point of sale (POS) and internet purchases on their naira...

Maritime stocks have broadly fallen this year as weak demand for some commodities and goods in Asia and oversupply of ships have hurt much of the industry, with one notable exception: Oil tankers have been doing a booming business...

Coca-Cola Co (KO.N) is nearing a deal to buy a minority stake in U.S. organic juice company Suja Life LLC, people familiar with the matter said on Friday, as the soft drink giant tries to identify the next big...

Nigeria plans to double the value-added tax rate to 10 percent this year to help shore up government revenue eroded by the declining price of oil, the country’s main export, the Federal Inland Revenue Service said. “The plan is to...

Investors moved to the sidelines on Friday, with the dollar and world stocks markets barely budging, before U.S. jobs data that are considered a key to convincing the Federal Reserve to raise interest rates for the first time in...