LAGOS – Egbin Power Station Plc, said it lost N8.134 per kilowatt hour to gas shortage which amounted to a whooping sum of N5.6billion per annum....
ABUJA – Nigeria has granted licences to 40 companies to import around 1.85 million tonnes of gasoline by the end of June, Nigerian National Petroleum Corporation...
BERLIN – Germany’s Siemens wants to talk to France’s Alstom about “strategic opportunities” raising the prospect of a takeover tussle for the French firm. Siemens contacted...
WASHINGTON – The U.S. Supreme Court on Monday brought an end to Novell Inc’s antitrust claims against Microsoft Corp that date back 20 years to the...
BERN – Today, Switzerland and the European Union have signed an agreement on Switzerland’s participation in the European Union Training Mission in Mali (EUTM Mali). The...
TOKYO – Boeing Co has lined up Japanese companies, including Mitsubishi Heavy Industries (7011.T) and Kawasaki Heavy Industries (7012.T), to build one-fifth of its latest plane,...
TORONTO – BlackBerry is now accepting preorders for the low-cost, Foxconn-made smartphone it’s releasing first in Indonesia, where its devices have traditionally been popular. The Waterloo,...
NEW YORK – U.S. stock futures gained ground to start the week, as news of a blockbuster buyout offer in the drug sector helped provide an...
…. as last batch of PHCN workers are set to be laid-off ABUJA – As investors in the newly privatized power sector get set to disengage...
NEW YORK – Comcast Corp said it would shed 3.9 million video customers as part of its proposed $45 billion merger with Time Warner Cable Inc,...
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