LAGOS – After decades of efforts by the government to fix the power sector, albeit without success, the Goodluck Jonathan administration has relinquished the responsibility to...
WASHINGTON – IFC, a member of the World Bank Group, is providing Delonex Energy $60 million in equity finance to fund the company’s oil and gas...
BANJUL - A mission from the International Monetary Fund (IMF), led by Bhaswar Mukhopadhyay, visited Banjul during November 7- 20, 2013, to review policy implementation of...
DUBAI – Emirates airline, which operates twice daily flights into Lagos from its Dubai base, has again rewritten all records in civil aviation with an order...
ABUJA – The Nigerian Communications Commission (NCC) has accused some operators of behaving in a way that is suggestive of collusion with original equipment manufacturers (OEMs)...
MUMBAI—Indian shares and the rupee ended lower for the second straight session Thursday, with the benchmark index recording its sharpest percentage fall in more than 2½...
BANJUL - The Vice President of The Gambia, Dr. Isatou Njie-Saidy, has said that availability and access to modern energy services is not only vital to...
CAPE TOWN – Nampak Ltd, a South African packaging company, said it will buy closely-held Nigerian drinks-can maker Alucan and has an option to purchase a...
ABUJA – Nigeria has granted licenses to nearly 50 companies to import 30 million barrels of fuel – around 3.5 million tonnes – before the year-end...
ABUJA — The Nigerian National Petroleum Corporation (NNPC) has declined to offer transaction details on the planned sale of Nigeria’s three major refineries which have operated...