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South Korean stocks fell nearly 2 percent Thursday to snap a three-day winning streak as foreign investors sold off larg

LOS ANGELES -- Hyundai's Tucson SUV and Kia's Forte compact car were the bright spots in terms of US sales for the two S

Sesan Olufowobi with agency report Governor Akinwunmi Ambode of Lagos State has said his administration is committed to making Lagos the third largest economy in Africa. The governor spoke on Wednesday on Victoria Island, Lagos, at the public presentation of a book titled, ‘Making Africa Work.’ The book was co-authored ...

Maureen Ihua-Maduenyi About $175m in ticket sales by foreign airlines is still trapped in Nigeria, the International Air Transport Association has said. The Area Manager, South West Africa, IATA, Mr. Samson Fatokun, said in Lagos on Wednesday that this was due to scarcity of foreign exchange, adding that the situation ...

Russia’s foreign ministry said Wednesday that new US sanctions, signed into law by President Donald Trump, amount to “dangerous” and “short-sighted” policy. In a statement, the ministry said the sanctions against Russia had put global stability at risk, a matter Moscow said it and the United States bear particular responsibility ...

Two albums by Linkin Park re-entered the top 10 on the US sales chart Tuesday as fans mourned the suicide of frontman Chester Bennington. “One More Light,” the California rockers’ final album, which hit number one when it came out in May, jumped back to number four on the Billboard ...

Mossack Fonseca, the law firm linked to the Panama Papers scandal, has had to close most of its international offices due to a slump in business, company officials said Wednesday. Jürgen Mossack, one of its founders, told a briefing that the firm had been forced to close 39 of its ...

’Femi Asu The International Monetary Fund has predicted that the Nigerian economy will be out of recession this year with growth of 0.8 per cent though it says risks to the recovery remain high. It, however, said the growth would not be sufficient to reduce unemployment and poverty in the ...

John Ameh, Abuja Members of the House of Representatives on Wednesday queried a $350m World Bank loan plan by the Ogun State Government on the grounds that the state did not need foreign loans. The House Committee on Loans/Aids/Debt Management had met with the officials of some states seeking foreign ...