LAGOS – Seven Energy, an indigenous Nigerian Exploration and Production company, has stated that it has indirect interest in oil mining lease, OMLs, 4, 38 and...
PORT HARCOURT – Unless the increasing trend of pirate attacks in the Gulf of Guinea is tackled quickly and effectively, piracy could do serious damage to...
TOKYO – Panasonic Corp will sell its three main chip plants in Japan to Israel’s TowerJazz, people with direct knowledge of the matter said on Wednesday,...
ABUJA – Indications have emerged that the Federal Government will enforce the Credited Advance Payment for Metering Implementation initiated by the Nigerian Electricity Regulatory Commission to...
TEXAS — Retail gasoline prices across Texas have jumped by more than a dime in the last week. AAA Texas on Tuesday reported the average statewide...
LONDON – Brent crude oil was trading close to an seven-week high Wednesday, as fresh problems in Libya unsettled the supply side of the market. Brent...
ABUJA – PricewaterhouseCoopers (PwC) has ranked Nigeria 170th out of 189th countries on its 2014 global ease of paying taxes report. With the ranking, Nigeria just...
JOHANNESBURG – Turkish mobile phone company Turkcell has taken to a South African court its $4.2 billion lawsuit against rival MTN Group, alleging it was the...
BERLIN – The euro touched a four-year high against the yen on Wednesday and European stocks rose after a deal was struck to form a new...
ABUJA – The federal government has concluded arrangements for the concession of four main river ports in the country. The ports are Onitsha River Port in...