LAGOS-As part of its determination to encourage newly licensed automotive brands that aim to build assembly plants in Nigeria, the Nigerian Customs Service (NCS) has commenced...
ABUJA-THERE are high indications that the Aso Rock Presidential Villa, Nigeria’s seat of power may have been thrown into darkness by the Transmission Company of Nigeria, TCN,...
JOHANNESBURG-A new Liberian bid round for four offshore oil blocs is courting investment from ECOWAS companies, using an incentive that targets regional upstream operators which is...
LAGOS-The Independent Petroleum Marketers Association of Nigeria (IPMAN), at its general meeting at Mosimi Depot, Sagamu, Ogun State, has resolved to sanction and sue some of...
Mahindra & Mahindra Ltd. (MM), India’s largest maker of tractors and sport utility vehicles, is in advanced talks to buy PSA Peugeot Citroen (UG)’s scooter business,...
… As PENCOM Grants 12-Month Window for Compliance ABUJA-The Management of the Nigerian National Petroleum Corporation (NNPC) on Monday assured members of staff and the general...
ABUJA-Nigeria is considering offers of more than $20 billion for the assets of its national electricity transmission company as it struggles to provide adequate power...
Microsoft Corporation, maker of the Xbox video-game console, agreed to acquire Mojang AB, the software company behind the popular game Minecraft, for $2.5 billion, in...
ABUJA-The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Joseph Dawha, has challenged the Information Technology Division of the Corporation to evolve innovative...
A Central Bank of Nigeria (CBN) new policy directing banks to stop bancassurance activities has brought a major setback to insurance companies’ efforts to increase retail...
