Breaking News

Breaking News

The price of oil is headed for the longest run of weekly declines since January amid signs the global glut that’s driven prices to the lowest in six ...
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Breaking News OIL & GAS

Global commodities trader, Gunvor Group Ltd., is interested in acquiring the African assets of insolvent oil explorer Afren Plc. Gunvor has until Aug. 17 to submit an offer ...
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Shares in Coca-Cola HBC AG surged after the second-largest bottler of Coke products said strong sales in Nigeria, Romania and Ukraine were more than making up for its ...
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Breaking News OIL & GAS

Managing Director of the Nigerian National Petroleum Corp., Emmanuel Kachikwu, has announced that he would conduct a forensic audit into the opaque accounts of the state oil company. ...
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AUTOMOBILE Breaking News MANUFACTURING

The federal government’s auto policy is beginning to yield more dividends as more car makers are establishing vehicle assembly plants in the country. The latest entrant is Auto ...
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Uganda shortlisted two Nigerian companies and 14 others for participation in its first round of oil exploration licenses after it lifted a permitting moratorium that had been in ...
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President Muhammadu Buhari has appointed Dr. Emmanuel Ibe Kachikwu as the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC). Dr. Kachikwu, who was the Executive Vice Chairman and ...
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Explosives detonated by a suicide bomber at a market in the northeastern Nigerian city of Maiduguri on Friday has killed 5 people. Witnesses say the bombs were set off ...
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The attack by suspected Boko Haram Islamist insurgents who attacked a set of villages in northeastern Nigeria on Monday has left at least 29 people dead. The militants ...
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Nigeria’s central bank kept its key interest rate unchanged at a record high in its first policy meeting since President Muhammadu Buhari took office in Africa’s biggest oil ...
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The Nigerian Army has confirmed that 50 people lost their lives in two bomb explosions that rocked Damaturu, the Yobe State capital, on Friday. The Acting Director, Army ...
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Lagos State Governor, Mr. Akinwunmi Ambode on Thursday said that his administration will enforce the verdict of the Coroner’s inquest on the September 12, 2014 Synagogue building collapse in consonance ...
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President Muhammadu Buhari has approved the dissolution of the Governing Boards of Federal Parastatals, Agencies and Institutions with effect from today, July 16, 2015. Until the boards are ...
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President Muhammadu Buhari has fired the service chiefs and heads of the Nigerian army, navy and air force on Monday following what has been described as the worst ...
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A suicide bomber has denoted explosives, killing himself and injuring four people at a checkpoint near the northeastern Nigerian city of Maiduguri on Monday. Witnesses say the bomb ...
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Nigerian President Muhammadu Buhari has fired the heads of the army, navy and air force on Monday following what is seen by many as the worst period of violence ...
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Port Harcourt refinery will commence operations in July of this year. The refinery will begin operation at 80 per cent capacity. The facility is expected to produce five ...
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After a keenly contested election in Cote D’Ivoire, Outgoing Minister of Agriculture Akinwunmi Adesina has been elected the 8th President of the African Development Bank . The eighty member ...
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Chukwuma Bamidele Azikiwe, the first son of Nigeria’s first President, Dr Nnamdi Azikiwe, is dead. According to a report by Punch, Azikiwe passed away at Bromeo Hospital on ...
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The Inspector General of Police, Suleiman Abba, has been sacked by president Goodluck Jonathan. The announcement was made by the Presidential spokesperson, Reuben Abati. Pres. Jonathan has appointed ...
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