Business

NSE Moves To Slash Transaction Costs

...Investors to pay N4.00 flat fee BEVERLY HILLS, CA, March 17, (THEWILL) - Good times are underway for capital market investors in the country as the Nigerian Stock Exchange (NSE) has commenced the reduction of the cost of its Trade Alert...

Shares Hit As Crimea Vote To Spur Sanctions Against Moscow

Asian shares hovered around one-month lows on Monday as Western countries issued fresh warnings of more sanctions on Moscow after Crimea voted overwhelmingly to break from Ukraine to join Russia, as expected. Japan's Nikkei led losses with a fall of...

Fuel Shortage: NNPC Releases Another 956 million Litres Of Petrol

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BEVERLY HILLS, CA, March 17, (THEWILL) - The Nigerian National Petroleum Corporation, NNPC, over the weekend said it has pumped additional 956, 501,315 million litres of premium motor spirit, petrol, to the market as part of efforts to restore...

Twitter CEO Costolo To Make First China Visit

Twitter Inc CEO Dick Costolo will meet Shanghai government officials, academics and students in his first visit to China, signaling Twitter's interest in cracking a lucrative but thorny market with 600 million Internet users. Twitter, which has been blocked by...

Vodafone To Buy Spain’s Ono For $10.03 Billion: Source

Britain's Vodafone has agreed to buy Spanish cable operator Ono for 7.2 billion euros ($10.03 billion) in a deal that is set to be announced on Monday, a person familiar with the matter told Reuters. The purchase of private equity-backed...

Toyota Suspends India Production As Pay Dispute Drags

Toyota Motor Corp's (7203.T) Indian unit has temporarily closed its two plants where some workers had stopped production lines to protest a delay in salary hikes after 10 months of negotiations. The factories near Bangalore are Toyota Motor's only vehicle...

Sanusi Responds To Allegations Of Financial Recklessness

The suspended governor of Nigeria’s apex bank, Lamido Sanusi on Sunday responded to allegations of financial recklessness levelled against him by the Financial Reporting Council of Nigeria and the Federal Government. In a lengthy statement, Sanusi stressed on the achievements...

US Regulator Sues 16 Banks For Alleged Libor Rigging

A US regulator has sued 16 banks for allegedly manipulating the London interbank offered rate (Libor). The Libor rate is used to set trillions of dollars of financial contracts, including mortgages and financial transactions around the world. The regulator said the...

Mark Zuckerberg Calls Obama To Complain About NSA

Facebook founder Mark Zuckerberg called President Obama on Wednesday night to express frustration about the government's spying and hacking programs. "When our engineers work tirelessly to improve security, we imagine we're protecting you against criminals, not our own government," Zuckerberg...

Exclusive: Why Communications Minister Fired NigComSat Boss, Ahmed-Rufai

…  Petition By Staffers Leaked Details Of Over N2 billion In Contracts Handed To Proxies Within 3yrs BEVERLY HILLS, March 13, (THEWILL) – The Minister of Communications Technology, Mrs. Omobola Johnson ordered the removal of the Managing Director of the Nigerian...