IMF chief Christine Lagarde was ordered Friday to stand trial in France over a massive state payout to a colourful tycoon when she was French economy minister
G20 ministers urge tighter tax rules for multinationals
The world's major economies need to deepen cooperation on tax collection and information sharing as companies seek to minimise the amount they pay to governments, finance ministers said Saturday.
Florida trio charged in $1bn US healthcare scheme
The US Justice Department on Friday announced charges against three Florida residents in a $1 billion Medicare fraud and money laundering scheme said to be the largest US healthcare fraud case ever.
China alone cannot save world from Brexit downturn
The world cannot depend on China alone to save it from a Brexit-induced downturn, the country's premier said Friday.
Oil prices extend losses on supply glut
Oil prices dipped in Asia on Friday, extending the previous day's sharp losses, while analysts warned the ongoing global supply glut would likely linger.
RenCap, CSL Stockbrokers optimistic on UBA’s growth potential
Renaissance Capital and CSL Stockbrokers have both placed a “BUY” rating on United Bank for Africa (UBA) Plc, saying it is capable of generating returns of more than 100 per cent in the next 12-month period.
AfreximBank unfolds $1b investment in Nigeria, others
Nigeria's quest to export value added commodities, increased output and enhanced foreign exchange under the non-oil sector would soon record a boost.This is because not less than $1 billion has been earmarked by the Africa Export-Import Bank...
Total seen unlikely to fight ExxonMobil over South Pacific gas
Total SA (TOTF.PA) is unlikely to challenge ExxonMobil (XOM.N) in a bidding war for explorer InterOil Corp (IOC.N), the French firm’s partner in a gas field in Papua New Guinea, analysts said on Wednesday.
FCMB, MasterCard, Visa, Verve partner to boost e-payments
The holders of MasterCard, Visa and Verve cards are in for better value, seamless service and excellent experience in electronic transactions, going by the words of First City Monument Bank (FCMB).