ABUJA – In an effort to arrest the youth restiveness in Nigeria’s oil rich Niger Delta region the Shell Petroleum Development Company (SPDC) has announced its...
BANGUI – The Executive Board of the International Monetary Fund (IMF) approved on May 14, 2014 financial assistance under the Rapid Credit Facility (RCF) in the...
HOUSTON – The Nigerian Ports Authority, NPA is to commence monitoring of offshore operations to ensure compliance in all operations, Port Manager of Onne port, Munir...
ABUJA – The Federal government scrutiny of the lingering transaction between Oando plc and ConocoPhilips has left Shareholders of Oando plc hoping for a quick conclusion of...
ISTANBUL – The death toll for Turkey’s deadliest mine accident is now at 282 confirmed dead, and no one has been found alive for the past...
NEW YORK – T-Mobile U.S. Inc and Univision Communications Inc announced on Thursday they will launch a wireless service targeted at Hispanic Americans, the latest innovative...
LAGOS – On Wednesday the National Bureau of Statistics (NBS) said Nigerian annual consumer price inflation edged up in April to 7.9 percent from 7.8 percent in...
LAGOS – Nigeria’s Diamond Bank has issued a debut $200 million five-year Eurobond, priced to yield 8.75 percent, its chief finance office told Reuters on Thursday....
JOHANNESBURG – Africa’s share of global foreign direct investment (FDI) projects has reached the highest level in a decade, according to Executing Growth, EY’s 2014 Africa...
NEW MEXICO – Citigroup Inc has fired four senior executives and seven other employees who failed to do enough to protect the bank from a fraud...
