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Nigeria Tightens Rules For Retail Bureaux De Change, Naira Falls

Nigeria's central bank on Friday revised the rules for operating retail bureaux de change in a bid to tighten regulation to curb speculation after...

CBN To Stop Banks’ CRR Funds

BEVERLY HILLS, December 10, (THEWILL) – Mr. Godwin Emefiele, the Governor of CBN, says the apex bank may not release funds due to banks...

Wal-Mart Enters Mobile Payment With Launch Of Walmart Pay

Wal-Mart Stores Inc (WMT.N) said it would launch 'Walmart Pay,' to become the first U.S. retailer to offer its own payment feature to expand...

Japanese And German Automakers Dominate Safest Car List In U.S.

A U.S. safety group said Japanese and German automakers dominated the list of the safest vehicles on American roads, in part by adding advanced...

Asia Slips As Weak Oil Widens Growth Worries, Euro Bullish

Asian stocks slipped on Thursday as weak oil prices continued to feed global growth worries, while the euro held solid gains after a policymaker...

In Australia, Banks Disrupt Apple With Mobile Payments Power

Apple Inc is struggling to persuade Australia's big banks to sign up for its Apple Pay mobile payment system, people familiar with the matter...

GFI Ranks Nigeria As 10th Biggest Exporter Of Illicit Money

BEVERLY HILLS, December 09, (THEWILL) – Out of 20 emerging and developed economies in the world, Nigeria has been ranked as the 10th biggest...

Yahoo Shelves Plan To Spin Off Alibaba Stake

Yahoo Inc said it shelved a plan to spin off its stake in Alibaba Group Holding Ltd, citing tax concerns, and instead will create...

Futures Little Changed As Commodity Prices Stabilize

U.S. stock index futures were little changed on Wednesday after China's consumer inflation rose slightly but remained under the government's 3 percent target for...

Adidas Expects Big Rise In Cost Of Sourcing Products By 2020

German sportwear firm Adidas (ADSGn.DE) expects a significant rise in the cost of sourcing products by 2020 due to increasing labor and material costs,...