WASHINGTON – U.S. authorities negotiating with BNP Paribas over alleged sanctions violations at one point suggested that France’s biggest bank pay a penalty as high as...
NAIROBI – Kenya Airways (KQ) has announced that direct flights between Nairobi and Abuja would begin on June 6. The airline’s Sales Manager in Nigeria, Diran...
LONDON – Brent moved higher to hover just under $109 per barrel on Friday, but was set to post a second straight weekly fall on easing Ukraine...
MAHE — The Executive Board of the International Monetary Fund (IMF) yesterday approved a three year SDR 11.445 million (about US$ 17.6 million, or 105 percent...
By Joseph BAMIDELE ABUJA – The Nigerian National Petroleum Corporation, NNPC, has expressed its determination to initiate and sustain policies that are environment- friendly through the...
SAN FRANCISCO – Twitter Inc said Wednesday it will acquire mobile advertising startup Namo Media, a technology firm specializing in “native advertising” for mobile devices. Terms...
LONDON — Following the persistent attacks of the dreaded Boko Haram group in Nigeria the United Kingdom has concluded plans to host a ministerial meeting of...
LAGOS – Standard Chartered Bank plc in its 2014 African Report has stated that a new “confident African middle-class is emerging, and trade is expanding rapidly,...
DETROIT -General Motors Co suffered from “incompetence and neglect” in dealing with a long-running ignition-switch defect in vehicles linked to at least 13 deaths, CEO Mary...
BEIJING – In a speedy deal hatched over a few drinks, China’s biggest e-commerce company Alibaba is buying half of the country’s most successful soccer club...