Business

VW patriarch Piech resigns

Volkswagen patriarch Ferdinand Piech has resigned as head of the German auto giant's supervisory board,…

Ivory Coast stops new offshore oil drilling by Ghana

An international maritime tribunal on Saturday ruled that Ghana should suspend a multi-billion dollar offshore…

Turkish Airline plane catches fire, makes emergency landing

A Turkish Airlines plane returning from Milan made an emergency landing in Istanbul on Saturday…

Pepsi drops sweetener aspartame from diet drink

PepsiCo said Friday it was bowing to customer demand and doing away with the controversial…

Nasdaq boosted by Microsoft, Amazon, Google

The Nasdaq solidly extended its closing record Friday with strong boosts from Amazon, Microsoft and…

Fuel subsidy embedded in 2015 budget, says House of Reps

Contrary to the speculation that fuel subsidy has been removed from the 2015 Appropriation Bill,…

Brent crude prices reach 2015 peak over Yemen attacks

Brent prices on Friday hit a four-month peak of $65.

Marketers threaten to stop petrol import, stock runs out

Nigeria is running out of fuel stock, the Major Oil Marketers Association of Nigeria (MOMAN)…

Oil prices on mild retreat

Global oil prices retreated Thursday but analysts said losses were limited as dealers focused on…

Diezani Alison-Madueke: I never asked for soft landing

Nigeria's oil minister, Diezani Alison-Madueke, has debunked all speculations that she was seeking asylum abroad…