Nigerian Banks Adequately Capitalised – CBN, Says FX Policy Largely Successful

BEVERLY HILLS, November 24, (THEWILL) – The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, said on Tuesday that all Nigerian banks were adequately...

Stock Futures Tick Up, S&P On Track To Extend Record

U.S. stock index futures edged up on Wednesday, with technicals in focus and scant key items on the U.S. economic calendar, following yet another...

PPPRA Blames Fuel Scarcity On Naira Devaluation

BEVERLY HILLS, March 03, (THEWILL) – The fuel scarcity currently being experienced by several states in Nigeria has been blamed on the devaluation of...

Investment Corp Of Dubai Eyes More Business With Dangote

Investment Corporation of Dubai (ICD) is exploring further investment opportunities with African conglomerate Dangote Group, the chief executive of the emirate’s fund said on...

Barclays Shares Fall 7% On Results And Restructuring

Barclays shares closed down 7% after reporting a drop in full-year profits, a dividend cut and a restructuring including reducing its stake in Africa. Underlying...

GM Gets 57 More Claims For Faulty Ignition Switch Compensation

General Motors Co (GM.N) received another 57 claims for compensation for ignition switch defects in its cars in the past week, bringing the total...

Neimeth Starts Construction Of N5bn Pharmaceuticals Complex In Anambra

Neimeth International Pharmaceuticals Plc has officially kicked off the construction of its N5billion new WHO/cGMP complaint Pharma Complex situated in Anambra State. Peter Obi, the...

Alibaba’s Latest Mobile Messaging Effort: social Networking For Businesses

China's Alibaba Group Holding Ltd (BABA.N), the world's biggest e-commerce company, is piloting a mobile messaging app aimed at marrying social networking with business,...

Wall St. Jumps On Strong Earnings Report

Wall Street rose sharply on Thursday, with the Nasdaq composite touching a three-week high, as bellwether companies such as Citigroup (C.N), eBay (EBAY.O) and...

Exclusive: Samsung Talks To BlackBerry About $7.5 Billion Buyout: Source

Samsung Electronics recently offered to buy BlackBerry Ltd (BBRY.O) (BB.TO) for as much as $7.5 billion, seeking its valuable patents as it battles Apple...