ABUJA – Yesterday, 7 out of the 10 NIPP power plants owned by the Niger Delta Power Holding Company was approved to be given to the preferred...
GENEVA – The Federal Government of Somalia (FGS), the social partners of the country and the International Labour Organization (ILO) have signed an agreement establishing a...
NAIROBI – Royal Philips yesterday announced the establishment of its Africa Innovation Hub in Nairobi, Kenya, which underlines the company’s commitment to invest in Africa. The...
HELSINKI – Finland’s Nokia, currently embroiled in an Indian Supreme Court tax case, said on Friday it has received a new 300 million euro (250 million...
KIEV – Russia’s annexation of the Crimea peninsula could cost Kiev hundreds of billions of dollars, Ukraine’s interim prime minister Arseniy Yatsenyuk said on Friday, quoted...
MOSCOW – Several Russian banks on Friday saw their customers barred from using Visa and MasterCard credit cards as US economic sanctions over Russia’s takeover of...
BEIJING – China refined a record amount of crude last month as new plants owned by PetroChina Co. and Sinochem Group began operations. Processing in the...
LONDON – Barclays is recommending investors own everything in moderation.The bank says investors should stick to a balanced portfolio in coming months, since stocks are looking...
ABUJA – One of Nigeria’s weakest links in electricity provision – transmission – is now being considered for private sector entry, months after distribution and generation...
LAGOS – The Lagos State government has said that it hopes to raise the daily electricity supply to the state from the current 1,000 megawatts to...