HOUSTON – US oil and gas companies, Allied Energy and Camac Energy, have hired a Transocean semi-submersible to drill a delayed deep-water development well on the...
MONROVIA – Australia’s African Petroleum has commenced a two-well exploratory drilling programme in Block LB-09 offshore Liberia. Drilling commenced on Tuesday on the Bee Eater-1, designed...
ABUJA– The Office of Nigeria’s Accountant-General of the Federation has begun payment of fuel subsidy claims to marketers, Finance Minister Ngozi Okonjo-Iweala said. Okonjo-Iweala, who disclosed...
UNITED STATES: AT&T Inc sold more than 10 million smartphones in the fourth quarter, a record, the company said on Tuesday. The total topped the previous...
By Oyise OGHENE BANGKOK: Emirates, one of the world’s fastest growing airlines, has further strengthened its commitment to South East Asia by introducing a fifth daily,...
LAGOS: The Lagos Chamber of Commerce and Industry (LCCI) have lambasted the federal government over the proposed N60 billion phones-for-farmers policy saying it is a misplaced...
LAGOS — The Central Bank of Nigeria (CBN), Monday, resumed foreign exchange sales, with $150 million sold to banks in the first foreign exchange auction of...
LAGOS: The last may not have been heard about the collection of the controversial transaction fees at Nigerian airports, seaports and land borders as the National...
ABUJA: Nigeria National Petroleum Corporation NNPC has obtained a $1.5 billion syndicated loan to help it pay debts to international fuel traders, a senior banking source...
Nigeria has released two improved cassava varieties in an effort to maintain its lead as the world’s largest producer of the root crop, improve incomes of...
