MASERU – A team from the International Monetary Fund (IMF), led by David Dunn, visited Lesotho during January 14-27 for discussions on economic policies in the...
WASHINGTON – The Obama administration is scheduled on Wednesday to launch a retirement savings vehicle called “myRA,” aimed at enrolling more Americans in a government-backed investment...
PRETORIA — South Africa’s central bank on Wednesday raised its key interest rate, aiming to halt a rush out of its bonds and currency spurred on...
LONDON – Anglo-Dutch energy giant Royal Dutch Shell said on Wednesday that it has sold a large stake in an offshore Brazilian oil field to Qatar...
LONDON — Oil major BP PLC said Wednesday that production has started at the West Chirag platform of the Azeri-Chirag-Gunashli field in the Azerbaijan sector of...
ABUJA – With cocoa output set to increase by 10% in Nigeria this year, the country is expected to earn US$634 million (104 billion naira) from the...
ABUJA – US oil giant Chevron has announced it will “vigorously” oppose a $5 billion lawsuit filed in the United States by Nigerians residing in the vicinity...
LONDON – Samsung Electronics will partner with European mobile-phone retailer Carphone Warehouse to open at least 60 Samsung stores in Europe. The stores are to open...
LONDON – Volkswagen has dramatically slimmed down the diesel range for the facelift of its Polo supermini after lacklustre sales. The revamped model due in April...
ABUJA – Despite the huge challenge in getting gas to power stations across the country, the Chairman of the Nigerian Electricity Regulatory Commission, NERC, Dr. Sam...
