ABUJA – The Alternative Investment arm of Old Mutual Investment Group, said it will stake $50million under the Nigeria Infrastructural Development Fund effect from next year....
NEW YORK – Microsoft says it has crossed sales of two million units for its latest videogame console, claiming continued strong demand as the end of...
SAN FRANCISCO – For decades it carried hippies to music festivals and hauled surfboards to the beach, but now production of the iconic Volkswagen Kombi –...
NEW YORK – Oil futures declined Wednesday as traders were cautious ahead of a closely-watched inventory report expected to show a second straight week of declining...
JOHANNESBURG – Sonangol EP, Angola’s state-owned oil company, will explore five onshore blocks and tender them for development if successful, according to a decree by President...
NAIROBI – The African Development Bank (AfDB) has today launched the Information Center for the Extractive Sector (ICES), a platform that promotes knowledge-based dialogue with the...
TOKYO – Asian stocks dropped after China’s leaders failed to provide a clear direction on policy over the coming decade, pushing down Hong Kong the most...
NEW YORK – Wall Street opened flat on Wednesday as investors assessed a provisional budget deal reached in Washington and its potential impact on an expected...
ABUJA – The Nigerian National Petroleum Corp. said it is not withholding $49.8 billion in oil revenue as alleged by the central bank. “The allegation is...
LONDON – The world’s most popular file-sharing website has once again moved domains as it attempts to avoid shutting down. The Pirate Bay has moved from...
