KATHMANDU— The government has expressed its commitment to making gradual progress toward ensuring compliance of aviation safety standards and on keeping non-compliance rate of Nepal below...
LAGOS – The nation’s deteriorating power supply has been blamed on the capacity constraints of the generating companies, GENCOs, resul-ting from under-capacity utilisation. About 2,859 megawatts...
NEW YORK – Oracle Corp. (ORCL) asked a U.S. appeals court today to let it pursue claims Google Inc. owes it more than $1 billion for...
LAGOS – Banks inability to sell foreign exchange, especially the dollar to the public has put severe pressure on the exchange rate of the Naira to...
ABUJA – The Chairman/CEO, Nigerian Electricity Regulatory Commission, NERC, Dr. Sam Amadi has said that there is no plan to raise electricity tariff in Nigeria. Dr...
LAGOS – The decline in Nigeria’s crude oil revenue this year may negatively affect the budget framework for 2014, a report has stated. The report noted...
JOHANNESBURG – Global Freight Ton per Kilometre (FTK) grew 4 percent in October 2013, with growth across all regions recording slight improvement except Africa, the International...
SAN FRANCISCO – Apple Inc has paid its leading outside law firm approximately $60 million to wage patent litigation against Samsung Electronics Co Ltd in a...
PLANO – DreamTrips™ Vacation Club, one of the world’s leading travel and vacation club membership organizations, was named “World’s Leading Travel Club” at the 2013 World...
BRUSSELS — An agreement allowing natural gas to be delivered to Ukraine via Slovakia should be completed “soon,” a European Union spokeswoman said Friday, following months...