Business

Government set to demolish houses on NNPC right-of-way

The Federal Government has warned those who encroached on the Nigerian National Petroleum Corporation's (NNPC)…

Brent oil drops under $50, Nigeria faces financial turmoil

For the first time, since oil prices began their downward spiral into the valley, the…

Petrol price should be N80 now: Report

Nigerians are paying N17 extra on petrol per litre, with crude oil selling below $52…

Shell agrees to pay £55m compensation to Nigerian community

Six years after two oil spills destroyed thousands of livelihoods in the Bodo area, of…

Insight: Oil price fall pushes industry into recession

*Service companies like Halliburton, Schlumberger hit * Steel companies to be affected too *Investments to…

Chinese developer buys Canadian ghost town

A ghost town in Canada's westernmost wilds has been sold to a Chinese real estate…

Weak global economy cause of oil 'tensions': Saudi crown prince

A weak global economy is the main reason for "tensions" in world oil markets, Saudi…

Ibru family torn apart over control of Sheraton Hotel

The ownership tussle of the Sheraton Lagos Hotel and Towers and its owning company, Ikeja…

Jaiz Bank expands into Lagos, Kwara

Jaiz Islamic Bank will soon open operational offices in Ilorin, Kwara state and Lagos, Nigeria's…

Daniel's power project, airport drain pipes: Amosun

Abiodun Onafuye/ Abeokuta Governor Ibikunle Amosun of Ogun State ,southwest Nigeria has declared that the…