PARIS – Telecom equipment maker Alcatel-Lucent (ALUA.PA) said its chief executive was leaving after it swung to a net loss of 1.37 billion euros ($1.85 billion)...
LAGOS – The Chevron Corporation has cited its Nigerian projects among the major contributors to its oil production growth. The oil multinational in the fourth quarter...
BOSTON – Software makers Microsoft Corp and Symantec Corp said they disrupted a global cyber crime operation by shutting down servers that controlled hundreds of thousands...
ABUJA — The Federal Government said Tuesday, it would soon make public its feelings on the Mallam Nuhu Ribadu-led report on Petroleum Revenue Special Task Force,...
LAGOS – The Indigenous Ship Owners Association of Nigeria have advised the Federal Government to allow the Nigerian Navy to fully take over the security of...
GOMBE – The Nigerian National Petroleum Company, NNPC, in partnership with the Capital Oil and Gas Industries Limited have sold 120,000 litres of kerosene to households...
LAGOS – The Royal Dutch Shell raked in $1.7 billion (N268.6 billion) from upstream divestment in Nigeria, Gulf of Mexico and Canada in the fourth quarter...
NEW YORK- Michael Dell will take computer company Dell Inc private in a $24.4 billion deal that marks the biggest leveraged buyout since the financial crisis....
LAGOS – Indications are that a fresh crisis is brewing between organized labour and the Federal Government over the planned privatization of the assets of the...
ABUJA – Chairman, Senate Committee on Environment, Mr. Bukola Saraki has declared as unlawful and unconstitutional, the $8 billion fines being sought by the Federal Government...