LAGOS – The new automotive development plan aimed at developing Nigeria’s Automotive Industry (NIA), has received a boost with the consolidation of technical and commercial synergy...
WASHINGTON – IFC, a member of the World Bank Group, has agreed to provide VAALCO Gabon with a $65 million reserve based loan facility to support...
LAGOS — Oil workers, under the aegis of Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, have expressed concern over the inability of the...
PARIS – French major Total announced Tuesday that it has sold its 15-percent interest in Block 15/06, offshore Angola, to Sonangol E&P for $750 million. Block...
SAN FRANCISCO – Twitter Inc, whose stock has surged 150 percent since it went public in November, has a lot to live up to when it...
LAGOS – Guaranty Trust Bank Plc (GUARANTY), Nigeria’s largest lender by market value, completed its 8.6 billion Kenyan shilling ($100 million) acquisition of the east African...
NEW YORK – Google Inc entered into a patent cross-licensing agreement with Cisco Systems Inc, the internet search giant’s second such deal in as many months....
ABUJA – The Governor of the Central Bank of Nigeria, CBN, Sanusi Lamido Sanusi, has appeared at a meeting with the Senate Committee on Finance to...
ADDIS ABABA – Following the convening of the African Union Heads of State Summit in Addis Ababa, the inaugural promoters’ meeting of the newly established “African...
LAGOS – The President, Association of Professional Bodies of Nigeria, Mr Bala Ka’Oje, on Tuesday called for the recapitalisation of the Federal Mortgage Bank of Nigeria...
