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Forex: BVN Requirement Triggers Naira Free Fall At Parallel Market

SAN FRANCISCO, November 06, (THEWILL) – The Naira on Friday depreciated further at the parallel market as buyers of forex boycotted Bureau de Change...

Nigeria Kidnap Case Helped To Trigger Fine On South Africa’s MTN

When Nigeria failed to trace owners of SIM cards used by kidnappers of a prominent politician in September, it was the final straw for...

New York Investigating Exxon Over Climate Statements: Source

The New York attorney general has launched an investigation into whether Exxon Mobil Corp (XOM.N) misled the public and shareholders about the risks of...

Dollar At Three-Month High As Payrolls Paralysis Sets In

The dollar was at three-month high on Friday and world shares headed for their fifth of six weeks of gains, ahead of U.S. jobs...

Exclusive: Toshiba Tries To Sell Down $7 Billion U.S. Gas Commitment

Japan's Toshiba, struggling with a major accounting scandal, is trying to sell down a $7.4 billion commitment to U.S. liquefied natural gas (LNG), which...

Economy Slowdown, Investment Apathy Take Toll On Trading At NSE Branch Offices

BEVERLY HILLS, November 05, (THEWILL) – On account of economic slowdown and investment apathy towards stock market investing, trading volumes and value slumped at...

Dollar Jumps As Markets Fix On December Rate Expectations

The dollar surged to a three-month high and European and Asian stock markets dipped on Thursday as expectations hardened of the first rise in...

Adidas To Intensify Marketing Drive As U.S. Sales Rebound

German sportswear company Adidas (ADSGn.DE), trying to muscle into Nike's (NKE.N) home territory, plans to increase spending on marketing again after high-profile sponsorship deals...

Cabin Crew Union Says Lufthansa Strikes Unavoidable

The head of Lufthansa's (LHAG.DE) main cabin crew union said strikes at the carrier are now "unavoidable", after the union reviewed the latest proposals...

Oando Energy Resources Splashes $91m To Upgrade RBL Facility, Repays $100m Afrexim Subordinated Loan

SAN FRANCISCO, November 05, (THEWILL) – Oando Energy Resources Inc., a company focused on oil and gas exploration and production in Nigeria, Wednesday announce...
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