LONDON/NEW YORK – U.S. factory output rebounded this month but hiring remained sluggish, while business activity across the euro zone and at China’s manufacturers slowed, surveys...
ROME—Italy’s government has approved plans to sell up to €12 billion ($16.13 billion) in business assets in a bid to overcome objections from Brussels and gain...
LAGOS – Nigeria’s Sterling Bank plc has announced its third quarter result for 2013, that showed pre-tax profit rising by 26.1 per cent to 6 billion...
WASHINGTON – U.S. crude oil ticked higher Thursday, as unexpectedly large drops in petroleum product inventories indicated strong demand for oil. Light, sweet crude for January...
ABUJA – The Senate ad-hoc Committee on the Subsidy Reinvestment and Empowerment Programme (SURE-P) has queried the disbursement of about N8.5billion by Minister of Finance Dr....
LAGOS – After decades of efforts by the government to fix the power sector, albeit without success, the Goodluck Jonathan administration has relinquished the responsibility to...
WASHINGTON – IFC, a member of the World Bank Group, is providing Delonex Energy $60 million in equity finance to fund the company’s oil and gas...
BANJUL - A mission from the International Monetary Fund (IMF), led by Bhaswar Mukhopadhyay, visited Banjul during November 7- 20, 2013, to review policy implementation of...
DUBAI – Emirates airline, which operates twice daily flights into Lagos from its Dubai base, has again rewritten all records in civil aviation with an order...
ABUJA – The Nigerian Communications Commission (NCC) has accused some operators of behaving in a way that is suggestive of collusion with original equipment manufacturers (OEMs)...
