LAGOS – Italian energy company, Eni, which operates in Nigeria as Nigerian Agip Oil Company (NAOC) has started closing some flow stations on a large, after...
HONG KONG — China unveiled a new cash-subsidy program to encourage the scrapping of older cargo ships and tankers, part of fresh measures to support the...
LAGOS – The president Nigeria Society of Engineers, Engr. Mustafa Shehu, has stated that the agricultural sector is experiencing a decline and seriously needs to be...
NEW YORK – On Tuesday, banking will change forever. Regulators from five different agencies have come to agreement on the terms of the Volcker Rule, and...
WASHINGTON – This afternoon, from the White House Briefing Room, President Obama delivered a statement on the passing of former South African President and anti-apartheid leader...
PORT HARCOURT – Insecurity and brazen oil theft in the Niger Delta region remain the biggest threats to Nigeria’s economy next year, as these may affect...
PARIS – Airbus confirmed on Monday that Kuwait Airways had signed a provisional agreement to buy 25 new aircraft in the biggest overhaul of its fleet...
ABUJA – The ECOWAS Commission has learnt with a deep sense of loss and devastation, the passing on of former South African President Dr. Nelson Mandela....
ABUJA – Diezani Alison-Madueke, minister of petroleum resources, has been elected alternate president of the Organisation of Petroleum Exporting Countries (OPEC), while Abdel Bari Ali Al-Arousi,...
BEIJING – China’s annual consumer inflation unexpectedly slowed in November, easing market fears of any imminent policy tightening as authorities meet this week to outline their...