LAGOS-The Nigerian Bulk Electricity Trader, NBET, has not demonstrated the readiness to midwife bilateral trading in electricity, said the Chairman, Manufacturers Association of Nigeria, MAN Apapa...
LAGOS-The Board of United Bank for Africa Plc, UBA, has named Mr. Tony O. Elumelu, CON, as Chairman to succeed Ambassador Joe Keshi. Mr. Elumelu until this...
Analysts at FBN Capital Limited have bemoaned the negative correlation between Nigeria’s oil output and economic development, saying the oil sector has contributed negatively to the...
ABUJA-The National Council on Power, NCoP, has mandated the Ministry of Power to collaborate with relevant agencies to develop a national policy on energy efficiency and...
Royal Dutch Shell plc reported Tueday that it has made a gas discovery at the company-operated deepwater Marjoram-1 well in Block SK318, offshore Sarawak, Malaysia –...
WASHINGTON DC-Orders for long-lasting U.S. manufactured goods posted their biggest gain on record in July on strong overseas demand for aircraft, and the underlying trend also...
Hewlett-Packard Co is recalling about 6 million computer power cords after 29 reports of the cords melting or charring, the U.S. Consumer Product Safety Commission said...
Consumer confidence in the U.S. unexpectedly climbed in August to the highest level in almost seven years, reinforcing signs of a strengthening outlook for the...
ABUJA-The Central Bank of Nigeria (CBN) has so far released about N19.9 billion under the Growth Enhancement Scheme (GES)’s Credit Risk Guarantee (CRG) meant to boost...
Samsung Electronics has unveiled assorted series of new smart wireless printers in Nigeria.Professor of political economy and technology enthusiast, Prof Pat Utomi and Managing Director, Cosharis...