Business

OPEC sinks Chevron, ExxonMobil stocks in US

Energy-related stocks were hammered Friday, leaving US stocks mostly flat in a holiday-shortened session, after…

Dokpesi vacates DAAR Communications PLC chair for son

Nigeria's pioneer private broadcasting outfit, DAAR Communications PLC, owners RAYPOWER group of radio stations, African…

Britain's power network gets £17bn investment top-up

Electricity suppliers in Britain are to invest £17 billion ($26.

Interpol cracks down on airline ticket fraud, 118 suspects arrested

Police have arrested 118 people in an unprecedented globally-coordinated swoop on plane ticket credit card…

Oil and gas stocks tumble

Australian energy firms were hit hard Friday by the OPEC oil cartel's decision against cutting…

Coca-Cola partners SABMiller to create Africa's biggest bottler

The Coca-Cola Company has announced a partnership to form its largest soft drinks bottling company…

Brent crude price may fall to mid $60s: expert

The worst is not over for crude oil prices.

News Analysis: Falling oil prices bigger blow to Nigeria, Angola than Ebola

Plunging world oil prices have dealt a blow to Africa far greater - in purely…

Russian ruble hits historic lows on OPEC decision

The ruble slumped to historic inter-day lows Thursday against both the dollar and euro in…