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Jul 05, 2019
A mystery person bought the 3,000-year-old quartzite head of Egyptian “Boy King” Tutankhamun off for $6 million Thursday in London auction, despite accusations from Cairo that it was stolen. Christie’s…
Jul 05, 2019
An association of Brazilian mining companies on Wednesday criticized some proposals made a day earlier by a Senate committee that spent months investigating the collapse of one of Vale SA’s…
Jul 04, 2019
The indefinite strike embarked upon by Maritime Workers Union of Nigeria has entered day two. The workers began the nationwide strike yesterday following the expiration of the 14 day ultimatum…
Jul 04, 2019
The bearish performance of the local bourse was on Wednesday extended into the third consecutive session as sell pressures in DANGCEM (-1.6%), ZENITH (-1.0%) and MOBIL (-9.7%) dragged the benchmark…
Jul 03, 2019
Gas producers in the Nigeria have said they are being owed N1.3 trillion by power generation companies (GENCOs). The first Vice President, Nigerian Gas Association, Mr Victor Okoronkwo, said the…
Jul 03, 2019
Aiteo Eastern Exploration and Production Company has called on the Federal Government to put up measures that will help curtail the menace of crude oil theft in the country.  …
Jul 02, 2019
Airtel Africa on has announced the successful pricing of its Initial Public Offering at N363 per share on the Nigerian Stock Exchange, and 80 pence per share on the London…
Jul 02, 2019
Investors at the local bourse on Monday lost N155.2bn as market begins second half on a bearish note at the Nigerian Stock Exchange (NSE). All-Share Index (ASI) shed 1.2% to…
Jun 30, 2019
The European Union signed a landmark free trade deal with Vietnam on Sunday, the first of its kind with a developing country in Asia,   The deal paves way for…
Jun 28, 2019
Amb. Ketil Karlsen, Head, EU Delegation to Nigeria and the Economic Community of West African States (ECOWAS)   The European Union (EU) is set to invest in entrepreneurial ideas that…
Jun 26, 2019
An Aramco oil tank is seen at the production facility at Saudi Aramco’s Shaybah oilfield in the Empty Quarter, Saudi Arabia.   Saudi Aramco has signed 12 pacts with South…
Jun 26, 2019
S-Oil, South Korea’s No.3 oil refiner by capacity, said it had signed a memorandum of understanding with its top shareholder, Saudi Aramco, for technical advice on a multi-billion dollar petrochemical…
Jun 26, 2019
Justice Chukwujekwu Joseph Aneke of the Federal High Court in Lagos on Wednesday adjourned until 29 October a case to resolve a $2 billion tax dispute between MTN Group and…
Jun 25, 2019
Africa and Russia must harness their immense resources to foster a greater economic future for their people, the chairman of the Government of the Russian Federation, Dimitri Medvedev said in…
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