Business

Alibaba's Jack Ma richest Chinese, says Forbes

Jack Ma, founder of e-commerce giant Alibaba, is China's richest person with a fortune of…

Senate proposing $78 as crude oil price benchmark for 2015

The Senate is set to adopt $78 as the country’s oil price benchmark for 2015…

Oando gets shareholders approval to sell 49 percent of retail business

Shareholders of Oando Nigeria Plc on Monday endorsed the divestment of the company’s shareholding and…

Nigeria may sack workers if oil prices continue to fall—Okonjo-Iweala

Nigeria's Federal Government may be forced to embark on cost cutting measures like rationalization of…

Oil prices falling on supply glut

Oil prices fell on Monday as markets foresee the world's biggest producers maintaining supplies despite…

Hollande leads tributes at Total's de Margerie memorial

French President Francois Hollande led tributes to Total's former chief executive at a memorial service…

India unveils billionaire tax dodgers stashing money abroad

India's government revealed Monday the names of three prominent businessmen accused of illegally stashing funds…

German business confidence declines six months in a row

Business confidence in Germany, Europe's biggest economy, fell to the lowest level for nearly two…

Nigerian shoppers fuel Shoprite Holdings revenue growth

South Africa's Shoprite Holdings jumped 6 percent on Monday, heading towards its biggest daily gain…

China's Yuan to trade with Singapore dollars

China will begin trading its yuan currency directly with the Singapore dollar on Tuesday, the…