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Dec 13,
2018
The inflow of investment into Nigeria declined by $2.66 billion between the second and third quarter of this year, figures released by the National Bureau of Statistics (NBS) have shown.…
Dec 13,
2018
Prices of crude oil in the international market have rebounded after the most recent production cut deal reached by the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC members led…
Dec 12,
2018
South Korean conglomerate Hyundai Motor Group shook up its executive ranks on Tuesday and appointed its first foreign head of research and development, raising expectations of a smooth transition of…
The National Information Technology Development Agency (NITDA) has said that startups in the information technology sector contributed $101 million to the Nigerian economy in the first three quarters of 2018.…
Dec 11,
2018
Investors will need to weather more volatility in order to capture opportunities in 2019, according to the Year Ahead report from UBS, the world’s leading wealth manager. Global economic growth…
Dec 11,
2018
The Nigerian Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said the Organisation of Petroleum Exporting Countries (OPEC) did not grant Nigeria further exemption in the current output…
Dec 10,
2018
Ford said on Monday it had started negotiations with German worker representatives about potential job cuts at its Saarlouis plant following a decision to discontinue production of its Ford C-Max…
Dec 10,
2018
KPMG LLP, the auditor that shed clients and staff after scandals in South Africa, apologizes for its “misdeeds” and wants a second chance to reestablish its business in the country,…
Dec 07,
2018
Oil prices fell along with weak stock markets on Thursday, but trading was tepid ahead of a meeting by the Organisation of the Petroleum Exporting Countries (OPEC). The meeting is…
Dec 07,
2018
China's Iranian oil imports are set to rebound in December after two state-owned refiners in the world's largest oil importer began using the nation's waiver from U.S. sanctions on Iran,…
Dec 07,
2018
Issues related to tax and residence permits are frustrating Chinese investors interested in doing business in Tanzania, the Chinese ambassador, Ms Wang Ke, has said. Ms Wang was speaking during…
Dec 05,
2018
The Organisation of Petroleum Exporting Countries (OPEC) and its allies are working toward a deal this week to reduce oil output by no less than 1.3 million barrels per day,…
Dec 03,
2018
Data from the US Energy Information Administration has shown that imports of crude oil by the United States from Nigeria has reached an all time low. This is believed…
Dec 04,
2018
The Shell Petroleum Development Company of Nigeria Limited at the weekend in Abuja signed an agreement with Geometric Power Aba Limited to support the 140-megawatts Aba Integrated Power Project (IPP)…
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