Head Of VW’s Audi Arrested In Germany Over Diesel Scandal

Volkswagen’s (VOWG_p.DE) supervisory suspended crisis talks to find a stand-in boss for its Audi brand which were convened after German authorities arrested current Audi...

Google To Invest $550 Million In China E-Commerce Giant JD.Com

Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant’s efforts to expand its presence in fast-growing Asian...

BDC Wants Yuan For Customers

The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the CBN to approve Renminbi (Yuan) disbursements to its members to deepen...

Fidelity Bank: We Will Catalyse Opportunities To Deliver Better Returns, Okonkwo Assures Shareholders

SAN FRANCISCO, June 15, (THEWILL) - Fidelity Bank CEO, Mr. Nnamdi Okonkwo says the bank will catalyze growing opportunities in the Nigerian economy, to...

Nigeria: Inflation Falls Again To 11.61%

Nigeria’s inflation index for May dropped to 11.61% from 12.48% recorded in April, marking the 16thconsecutive decline and suggesting sustained traction of economic recovery,...

Oil Rises As U.S. Inventories Fall On Strong Demand

Oil prices turned positive on Wednesday after a bigger-than-expected decline in U.S. crude inventories along with surprise drawdowns in gasoline and distillates indicated strong...

Nigeria’s Central Bank To Start Auctioning Chinese Yuan

Nigeria’s central bank will start to auction the Chinese yuan within the next month at an exchange rate to be set via book building,...

CBN Vindicated For Resisting Pressure To Float Naira – Spokesman

SAN FRANCISCO, May 31, (THEWILL) – Isaac Okoroafor, the acting Director, Corporate Communications, Central Bank of Nigeria (CBN) has revealed that the apex bank resisted...

Keystone Bank Declares Strong Q1 Financial Result

SAN FRANCISCO, May 28, (THEWILL) - After many years in the doldrums and following its most recent acquisition by Sigma Golf - Riverbank consortium, the...

Crude Oil Nears $100 As Tighter US Market Outweighs OPEC Supply

SAN FRANCISCO, May 23, (THEWILL) - Managers of Nigeria’s economy have every reason to smile, as Brent crude oil rose above 80 dollars a barrel...