ABUJA – The NNPC is to add 585,000 barrels of crude per day to the nation’s current reserve of 3.7 billion barrels by the year 2015....
NEW YORK – Sony and Microsoft are gearing up for what they say will be record launch periods for their respective new videogame machines. A key...
CAPE TOWN – African fiber optic company Liquid Telecom has delivered a broadband Internet cable to Somalia’s doorstep, the first terrestrial connection to the Horn of...
TUNIS – The African Development Bank (AfDB) has launched a Web consultation on its new Governance Strategy for 2014-2018 aimed at receiving feedback from all its...
NEW YORK – For ConocoPhillips, it hasn’t been easy to say goodbye to its Nigerian business.In December 2012, the U.S. energy titan struck a deal to...
ABUJA – Transactions on the Nigerian Stock Exchange (NSE) on Monday closed flat with the market indicators recording a marginal growth of 0.07 per cent. The...
ABUJA – The Federal Government has began the process of reviewing the Market Rules that will guide the privatised electricity sector operations, ahead of the declaration...
ABUJA – The Minister for Finance, Dr Ngozi Okonjo-Iweala, says the scheduled World Economic Forum (WEF) in Nigeria will be an opportunity for Africa to showcase...
…New, re-engaged staff on 6-month contract ABUJA – The confusion trailing the November 1 hand-over of Power Holding Company of Nigeria, PHCN, facilities to new owners...
MOSCOW – Top Russian oil firm Rosneft said it would sell about $6 billion worth of refined products to BP, establishing the British major among its...