Business

Greece wants end to debt addiction, seeks new deal with creditors

AFP-Greek Finance Minister Yanis Varoufakis said Sunday he wanted to reach a new debt deal…

South Africa faces worsening blackout with glitch at nuclear station

South Africa's power utility Eskom on Sunday warned of a worsening power shortage due to…

Oil pipeline explodes outside Lagos

Another pipeline explosion occurred early Sunday along Pipelines and Products Marketing Company (PPMC) network at…

Greece snubs talks over debt, euro falls

The euro retreated against other major currencies Friday as struggling Greece refused to meet with…

US reaps $41bn from wireless spectrum auction

The US government is getting more than $41 billion from an auction of wireless spectrum,…

Royal Dutch Shell slashes 2014 profit due to book error

Oil giant Shell revised down Friday its 2014 net profit, after uncovering an error in…

Nigeria's foreign reserves fall by 20 per cent

Nigeria's foreign exchange reserves fell to $34.

The Diezani 'magic' in Nigeria's oil ministry

By Toyin Akinosho It would be inappropriate for President Goodluck Jonathan- if re-elected- to reappoint…

Lagos Outdoor Advertisers Protest Ban On Federal Roads

Kazeem Ugbodaga Thousands of outdoor advertising practitioners and officials of the Lagos State Government have…

FIRS generates N4.69trn revenue in 2014

Nigeria’s Federal Inland Revenue Service, FIRS, announced Thursday it generated a total of N4.