LUXEMBOURG – U.S. chipmaker Intel lost on Thursday its challenge against a record 1.06 billion euro ($1.44 billion) European Union fine handed down five years ago,...
ABUJA – The Minister of Power, Prof. Chinedu Nebo, yesterday said the Federal Government’s Power Reform was very much on course. This assertion which was contained...
TOKYO — Mitsubishi Motors Corp. is recalling over to 700,000 vehicles in Japan for light switch-related problems, a filing with the transportation ministry showed Thursday. After...
LONDON – Brent futures rose above $110 a barrel on Thursday on worries that violence in Iraq could disrupt oil supplies, while an unexpected draw in...
NEW YORK – U.S. stock futures inched higher Thursday, as investors awaited data on retail sales and jobless claims. About 90 minutes ahead of the open,...
…as Brazil becomes future hub By Joseph BAMIDELE LAGOS – Oil producing countries in East Africa has overtaken their western African counterparts in FPSO projects across...
By Leo URIRI LAGOS – A fraction of domestic gas is required to achieve an annual fuel subsidy savings of over N65 billion in Nigeria. However, focus...
BY Jospeh BAMIDELE ABUJA – The Federal Government’s policy initiatives and incentives to encourage investment in the country’s entire value chain of the gas industry will...
NEW YORK – Total US crude oil production in 2015 will reach its highest level since 1972, the US Energy Information Administration forecasts in its Short-Term...
LAGOS – The Nigerian Stock Exchange, NSE, has imposed N19.6 million fine on Aso Savings and Loans Plc, Ikeja Hotels Plc and five other quoted companies...
