Business

BEVERLY HILLS, CA, June 29, (THEWILL) - The House of Representatives Public Accounts Committee (PAC) has summoned the Executive Secretary of National Human Rights Commission, Prof. Bem Angwe, to appear before it on Monday. The Executive Secretary is to explain...

Nestle USA is recalling 10,000 packages of chocolate peanut butter ice cream that were incorrectly labeled as another flavor, putting consumers with peanut allergies at risk, the company said. A customer complaint resulted in the recall of packages mislabeled as...

The African Union (AU) has proposed 522.12-million-dollar budget for 2015, the News Agency of Nigeria (NAN) reports. According to documents made available to NAN in Malabo on Friday, the draft budget is expected to be adopted at the 23rd Ordinary...

Internet giant Yahoo has put in a bid of around $250 million to buy Fullscreen, a company which creates content for YouTube channels, Britain’s Sky News reported on Thursday. Yahoo is looking to expand its reach to young consumers through...

Facebook is fighting a US court order in which it was forced to hand over data belonging to almost 400 people involved in a benefit fraud trial. The social media site said the request was "by far the largest" it...

A joint venture of General Motors Co (GM.N) in China will recall 194,107 locally made Buick vehicles due to Chinese consumer complaints about the cars' headlights, the country's quality watchdog said on Friday. Shanghai General Motors Co Ltd, the joint...

Stock futures fell on Friday, with major indexes largely on track to close out a week of modest losses as investors grew cautious over the state of economic growth. * While the S&P 500 remains 0.3 percent away from a...

CBA.AX), with the bank accused of covering up misconduct that left thousands of its customers without their savings. The inquiry, which may take the form of a royal commission or independent judicial inquiry, is likely to pave the way for...

The federal government of Nigeria through the Attorney General of the Federation and Minister of Justice, Mr. Mohammed Adoke, Thursday responded to criticisms from global anti-graft agency, Transparency International, over its withdrawal of charges bordering on theft of millions of dollars...

SAN FRANCISCO, June 26, (THEWILL) – The House of Representatives Thursday directed the Central Bank of Nigeria (CBN) to suspend the upward review of minimum capital base for operators of Bureau De Change (BDC) from N10 million to N35 million. The...