ABUJA – Nigerian interbank lending rate spiked 7.75 percentage points on Wednesday to 18 percent for overnight placement ahead of the Central Bank of Nigeria’s (CBN)...
WASHINGTON – President Barack Obama’s healthcare law will reduce American workforce participation by the equivalent of 2 million full-time jobs in 2017, the Congressional Budget Office...
LONDON – Upbeat economic data helped European shares break a three-day run of losses on Wednesday, offsetting some unconvincing company earnings and jitters about emerging markets....
GENEVA – IOM has revised its emergency funding appeal for the South Sudan crisis, reflecting expanded needs as the number of displaced civilians in the country...
BRUSSELS – Google has offered further concessions to address regulatory concerns about its search technology, the European Commission said on Wednesday, effectively settling a three-year investigation...
TOKYO – Sony Corp is in talks to sell its poorly performing personal computer business to investment fund Japan Industrial Partners for up to 50 billion...
NEW YORK – As Facebook celebrated 10 years on Tuesday, the headquarters in Menlo Park was quiet, but founder Mark Zuckerberg posted a long letter on...
LAGOS – Naira yesterday eased against the US dollar losing 0.2 percent or N0.30k at the Nigerian Interbank Foreign Exchange (NIFEX) market, defying the Central Bank...
NEW YORK – Microsoft Corp is betting a mix of old and young blood will revive the aging technology pioneer, but new Chief Executive Officer Satya...
NEW YORK – Apple Inc urged a federal appeals court on Tuesday to put a court-appointed antitrust monitor on hold, arguing that his efforts were harming...
