LAGOS-Nigeria, now Africa’s largest economy, continued its downward trend and fell by seven places to 127th this year on the latest World Economic Forum (WEF) Global...
LAGOS-With the recent increase in gas demand fuelled by reforms in the power sector, gas producing companies have seen opportunities for making more money as they...
LAGOS-The United Kingdom carrier with operations into Nigeria, Virgin Atlantic will start to take delivery of twenty one Boeing 787 aircraft in matter of weeks according to the...
LAGOS-The Nigerian naira was unchanged at 162.40 per dollar at Wednesday’s close, supported by dollar sales from two oil companies, dealers said. The local unit of...
ABUJA-As part of efforts to stamp out illegal oil bunkering , the Nigerian National Petroleum Corporation, NNPC and the Nigerian Navy have pledged to work...
ALBANY, N.Y. — New York’s attorney general is accusing a mortgage lender of refusing to offer financing to African-Americans living in Buffalo. Eric Schneiderman filed a...
Oil services company Halliburton said Tuesday it would pay a $1.1 billion settlement over its role in the 2010 Gulf of Mexico oil rig blowout that...
LAGOS-There are strong indications that Ecobank Nigeria is considering raising additional capital in order to boost its tier-1 capital. Ecobank Nigeria’s total capital adequacy ratio at...
Indorama Eleme Petrochemicals Limited (IEPL), Port Harcourt, and other companies under the Indorama operations in Nigeria contributed a total of $2.7 billion to the nation’s rebased...
ABUJA-A major step aimed at fast-tracking the Federal Government’s Gas Revolution Agenda was taken on Friday by the Nigerian National Petroleum Corporation, NNPC, with the establishment...
