Source:By Siemond Chan | The Exchange

After a dismal May jobs report, U.S. stocks had their worst day in 2012, erasing the gains for the year and touching lows for a number of benchmarks. The S&P 500 index fell nearly 2.5 percent to 1,278 as the tech-heavy Nasdaq fell over 2.8 percent to 2,747. The Nasdaq had […]

The Senate panel investigating the fraud in the payment of fuel subsidies to importers of petroleum products on Thursday subpoenaed the controversial managing director of Oando Plc, Mr. Wale Tinubu over his role and Oando’s in what has emerged one of the biggest financial crimes against the Nigerian state. Also subpoenaed […]