Business

Nestle Plc profit, final dividend fall

Nestle Nigeria said on Wednesday its 2014 full year pretax profit fell 6.

Olorunsogo II was never commissioned by Obasanjo, says NDPHC

The management of the Niger Delta Power Holding Company Ltd (NDPHC) says the newly-commissioned 750MW…

Russia's ruble, stocks drop sharply

Russia's ruble and stock market dropped sharply on Tuesday in response to a recent slide…

Fitch affirms B rating for Zenith, First Bank, 8 others

Fitch has affirmed the Long-term Issuer Default Ratings (IDRs) of 10 Nigerian banks.

Oil Prices: Nigeria may summon emergency OPEC meeting

Nigeria will call an extraordinary meeting of OPEC if crude oil prices slip any further,…

Naira weaker on liquidity squeeze

Nigeria's naira shed 0.

Mercedes Benz recalls 147,000 cars

Mercedes-Benz is recalling more than 147,000 sedans and wagons in the United States because of…

Under-fire HSBC profits sink

HSBC's boss on Monday fended off criticism about receiving his bonuses through a Swiss bank…

Oil prices rebound in Asia, outlook still bleak

Oil rebounded in Asia Monday as speculators hunted for bargains following a sharp decline last…

18 South African miners still missing after underground fire

Eighteen workers were still unaccounted for Sunday following a fire at a South African mine…