ABUJA – The Kaduna Electricity Distribution Company (KEDC) said the consumers owed the company N41.5 billion electricity bills. The KEDC Managing Director, Malam Mohammed Idris, said...
ABUJA – The Nigerian National Petroleum Corporation (NNPC) Thursday debunked media reports of an imminent scarcity of fuel supply in the country. Responding to media reports...
LAGOS – Transcorp Ughelli Power Ltd (TUPL), the power subsidiary of Transnational Corporation of Nigeria Plc (Transcorp), and General Electric (GE) have signed an agreement to...
NEW YORK/SEATTLE – Microsoft Corp is likely to appoint its cloud-computing head, Satya Nadella, as its next chief executive, a source familiar with the matter said...
LAGOS – A total of 2 billion dollars is expected to be contributed by development partners by 2018 for the development of Nigeria’s power sector. The...
WASHINGTON – Natural-gas futures fell further Thursday after a closely watched storage report showed U.S. stockpiles of the fuel shrank less than expected last week, although...
ABUJA – The company termed “Africa’s Amazon”, Jumia has announced its new CEOs to take over from Tunde Kehinde and Raphael Afaedor. The new CEOs are...
NEW YORK – The Committee to Protect Journalists is alarmed by recent detentions in Niger of journalists critical of the government. In the past week, four...
WASHINGTON – The United States government has increased the amount in penalties it is seeking from Bank of America Corp. to $2.1 billion over a loan-production...
GENEVA – Heavy fighting in Malakal, the capital of Upper Nile State, caused widespread destruction and displaced thousands of people from their homes over the past...
