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Two Russian intelligence agents and two “criminal hackers” were indicted Wednesday over the theft of 500 million Yahoo accounts in one of the largest cyberattacks in history. The indictment unveiled in Washington by the U.S. Justice Department links Russia’s top spy agency, the FSB, to the massive data breach at ...

The Federal Reserve has raised its benchmark interest rate for the second time in three months and signaled that further hikes this year will be gradual. The move reflects a consistently solid U.S. economy and will likely mean higher rates on some consumer and business loans. The Fed’s key short-term ...

President Donald Trump announced Wednesday that the administration will re-examine federal requirements governing the fuel efficiency of cars and trucks, moving forcefully against Obama-era environmental regulations that Trump says are stifling economic growth. Trump was set to reveal his plans during a speech at an automotive testing center near Detroit, ...

A graduate student spent a night sheltering in Victoria University's library with her partner, amid reports of students couch-surfing, sleeping on floors and living in tents while they struggle to find homes.

The Central Bank of Nigeria (CBN) has said external reserves gained $58 million to $30.23 billion as at March 14, 2017. The latest data by CBN disclosed that nation’s foreign reserve has been hovering between $29 billion and $30 billion in March. This is just as the gap between the ...

The Senate yesterday resolved to arrest Comptroller-General of Nigeria Customs Service (NCS), Col. Hameed Ali, if he fails to appear before it today to clarify on the policy on duty payment on all vehicles. Members of the Red Chamber in the National Assembly unanimously passed a motion to issue a ...

The federal government yesterday approved the establishment of the Nigeria Industrial Council to stimulate the activities of industries in the country. This was disclosed by the minister of Industry, Trade and Investment, Okechukwu Enelamah, after the Federal Executive Council meeting presided over by President Muhammadu Buhari at the Presidential Villa. ...

The President, Fertiliser Producers and Suppliers Association of Nigeria (FEBSAN), Thomas Etuh has said that Presidential Fertiliser Initiative has eliminated subsidy on fertiliser by saving at least N60billion in budgetary provisions in fertiliser supply for 2017. He also said the initiative “would boost foreign exchange savings of $200 million by ...

In an apparent move to ensure harmonization of pension and insurance regulatory operations in Nigeria, the Minister of Finance, Mrs. Kemi Adeosun has intervened and brokered a resolution in the dispute between the National Pension Commission (PenCom) and the National Insurance Commission (NAICOM). It would be recalled that trouble started ...

The federal government yesterday approved the establishment of the Nigeria Industrial Council to stimulate the activities of industries in the country. This was disclosed by the Minister of Industry, Trade and Investment, Okechukwu Enelamah,after the Federal Executive Council meeting presided over by President Muhammadu Buhari at the Presidential Villa. According ...