Business

Buhari bemoans oil subsidy billions, blames ex-leaders

President Muhammadu Buhari has blamed past administrations for the current situation in which Nigeria is…

Nigerian Breweries, Guinness top losers at Lagos bourse

Some major blue chips at the Nigerian Stock Exchange (NSE) on Tuesday recorded further price…

Power generation rises to 4,748 MW

The Transmission Company of Nigeria (TCN) says it has recorded another peak generation of 4,748…

Arik Official Nabbed in UK over Banned Substance

Henry Ojelu. An Arik Air cabin crew member was, on Monday night, arrested at Heathrow…

Nigerian Society of Engineers Holds Annual Conference in Akure

Funsho Arogundade. The Nigerian Society of Engineers (NSE) is set to convene the annual Nigerian…

Oil prices heading to $36, Brent now $43

Although oil prices stabilized in Asia  today after having plunged more than 6 percent on…

Another day of big sell off: China stock rout continues

Volatile global markets showed tentative signs of a respite from the recent blood-letting on Tuesday…

Dangote: Nigeria will be self-sufficient in rice, sugar by 2019

Alhaji Aliko Dangote, the Chairman of Dangote Group, on Monday said Nigeria would be self…

DPR clamps down on 87 petrol marketers in Lagos

Nigeria's  The Department of Petroleum Resources (DPR), says it has sanctioned 87 erring marketers over…

China slump drags down oil prices, Brent crude now $45

Brent and U.S. crude oil futures hit their fresh 6-1/2-year lows on Monday, as investors…