NAIROBI – Although the country’s civil war ended more than two decades ago, the state of the power sector and network remains damaged, a Reuters Africa...
JOHANNESBURG – Africa’s biggest telecommunications operator MTN Group plans to spend $3 billion to upgrade and expand the infrastructure of its operations in Nigeria over the next...
PARIS — The diplomatic crisis between Russia and Ukraine could slightly delay the start of production of a liquefied natural gas project in northern Russia, oil...
ABUJA – The Nigeria Atomic Energy Commission has revealed that the country will get a nuclear plant in 2022 at a cost of six billion dollars....
BEIJING – China Southern Airlines Co., Asia’s biggest carrier by passenger numbers, agreed to buy 80 single-aisle jets with a list value of at least $7.3...
LONDON – Global shares eased for a third day on Friday, on course for their longest losing streak in over a month, and yields on some...
ABUJA – In an effort to arrest the youth restiveness in Nigeria’s oil rich Niger Delta region the Shell Petroleum Development Company (SPDC) has announced its...
BANGUI – The Executive Board of the International Monetary Fund (IMF) approved on May 14, 2014 financial assistance under the Rapid Credit Facility (RCF) in the...
HOUSTON – The Nigerian Ports Authority, NPA is to commence monitoring of offshore operations to ensure compliance in all operations, Port Manager of Onne port, Munir...
ABUJA – The Federal government scrutiny of the lingering transaction between Oando plc and ConocoPhilips has left Shareholders of Oando plc hoping for a quick conclusion of...