Africa’s largest telecom provider MTN Group posted an 8.7 percent rise in full-year earnings on Wednesday after a revenue boost...
Debt-laden oil producer Afren Plc has defaulted on its 2016 bonds after declining to make a $15 million interest payment...
Fresh troubles appear to be unfolding for the embattled Nigerian National Petroleum Corporation (NNPC) and other government agencies in the...
Investors, especially those from South Africa are feeling the deep heat of a severe short-term pain as Africa’s largest economy...
Officials of Nigeria National Petroleum Corporation (NNPC) as well as some heads of subsidiaries under it on Tuesday failed to appear before the Senate Committee on Petroleum...
Cantor Fitzgerald, a global investment firm with strong expertise in asset backed mortgage securities is investing $1 billion (about N200...
The Federal Government on Tues- day paid N100 billion out of the N185 billion it claimed it owed oil marketers...
The Federal Government’s plan to launch cylinder project which would enable Nigerians buy cheap cylinders is aimed at increasing consumers’...
The Federal Government, vehicle manufacturers, dealers and licensed Customs agents, among other stakeholders, have agreed to leave no stone unturned...
The Nigerian Navy has disclosed that the nation’s crude oil valued at N1.18 billion is stolen on a daily basis....
The Senate Committee on Petroleum Downstream has summoned the Nigerian National Petroleum Corporation (NNPC) to appear before it on Thursday...
Barclays Africa Group has applied for a Nigerian banking licence and wants to take over the Egypt and Zimbabwe units...
Almost 30 countries around the world are “highly vulnerable” to an Ebola-style epidemic, with Somalia, Chad, Nigeria, Afghanistan and Haiti...
Nigeria is emerging as a Private Equity (P.E) powerhouse on the African continent as deal flow shifts to West Africa...
Nigeria’s Aliko Dangote, Mike Adenuga, Femi Otedola and Folorunsho Alakija have been named in the 2015 Forbes list of billionaires....