INEC has rejected Goodluck Jonathan's presidential nomination from the PDP's Turaki faction, citing regulations. The faction warns of legal action against bias.
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The Nigerian currency, the naira, has fallen for the third consective days as demand for the US dollar spiral the official foreign exchange market.
Greece's parliament on Thursday approved a government-backed bill allowing people to work 13-hour days, despite fierce objections from trade unions and opposition parties. The government insists that the 13-hour workday is optional, only affects the private sector and can only be applied up to 37 days a year.
Nestle, the Swiss food giant whose brands include Nespresso coffee and Perrier water, announced Thursday plans to cut 16,000 jobs worldwide over the next two years, sending its share price soaring. The layoffs include 12,000 white-collar jobs over the next two years, saving the company one billion Swiss francs -- which it said was double what had been previously planned.
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