NAIROBI – UAP Group posted strong financial performance in 2013 driven by profitable growth of its core insurance business and execution of its regional diversification strategy....
ABUJA – The Bureau of Public Enterprises has said a total of N370bn had so far been remitted for the payment of former employees of the...
ABUJA – The naira held steady against the dollar on the interbank market on Monday, supported by sales of the U.S. currency by Nigerian unit of...
ABUJA – Following the appointment of Godwin Emefiele as the new governor of the Central Bank of Nigeria CBN, Zenith bank has named Peter Olisamedua Amangbo...
GENEVA – The United Nations Special Rapporteur on the situation of human rights in Eritrea, Sheila B. Keetharuth, today expressed deep concern about persisting human rights...
BERLIN – Germany’s Lufthansa airline has announced it is cancelling 3,800 flights because of a three-day strike by a pilots’ union later this week, affecting 425,000...
WASHINGTON – Stocks rallied on the final day of the first quarter, as investors looked to finish off a lackluster three months on a positive note....
DUBAI – Seoul-based Samsung Engineering has been awarded a $840 million contract for work on the giant Zubair oilfield development in Iraq. Italy’s Eni awarded a...
SEOUL – Head of Samsung Electronics Co’s mobile business, J.K. Shin, received a $5.8 million compensation package last year, beating the paycheck of his counterpart at...
ABUJA – Another round of fuel scarcity is looming following plans by the leadership of the Independent Marketers Association of Nigeria (IPMAN) to shut its over...
