LAGOS – Workers of the Nigerian Airspace Management Agency (NAMA) under aviation unions on Sunday insisted that there was no going back on their planned protest...
ABUJA – The amount of funds in Nigeria’s Excess Crude Account, ECA, has dropped to $5.27billion, Minister of State for Finance, Mr. Yerima Ngama, has said....
LONDON – West Africa-focused junior oil firm Lekoil, which recently farmed into Nigeria’s OPL 310, raised $48.6 million from investors Friday as part of its listing...
ABUJA – Permanent Secretary, Ministry of Power, Amb. Godknows Igali, says President Goodluck Jonathan has approved the institution of an alternative funding mechanism for the successor...
PARIS – French oil major Total SA’s chairman and chief executive, Christophe de Margerie, Friday confirmed the group’s medium-term production targets. Speaking during the group’s annual...
LAGOS: Some eminent Nigerians have warned against the proposed introduction of lawful interception (LI), the so-called initiative that will give security agencies powers to access private...
ABUJA – The economy, measured by the Real Gross Domestic Product (GDP), grew by 6.56 per cent in the first quarter of 2013 as against 6.34...
WASHINGTON D.C. – Chevron’s president of Latin American and African operations said Argentina and not China has the world’s second largest deposits of unconventional oil after...
BARCELONA – A recent report from the World Bank indicated that the GDP of a third of African countries grew by at least 6% last year,...
SEOUL: Korean phone maker Samsung’s flagship Galaxy S4 smartphone will reach the 10 million sales milestone next week, according to the firm’s co-CEO Speaking to Reporters,...