Business

Oil prices fall in volatile trade

Oil prices skidded sharply lower in volatile trade Thursday, pushing the US benchmark futures contract…

Nigeria approves sale of NITEL/MTEL

The National Council on Privatisation (NCP) on Thursday approved the sale of the liquidated Nigeria…

Nigerian stocks on a rebound after 3 days of losses

*Oil stocks such as Seplat hammered Equity transactions at the Nigerian Stock Exchange (NSE) were…

Etihad takes off with Airbus superjumbo jet

The maiden flight of Etihad Airways' long-awaited Airbus A380 superjumbo will take place next week,…

Naira falls to N189 per dollar, CBN bans banks from holding dollar reserve

Nigeria's central bank has barred banks from holding their own funds in dollars in order…

Swiss Central Bank introduces negative interest rate

- Switzerland's central bank on Thursday announced it was introducing negative interest rates, in a…

Power outage announced for Ikoyi, VI, Lagos Island

Eko Electricity Distribution Plc (EKED) said that there will be seven hour power supply interruption…

Japan's airliner sells Boeing 747 seats for home use

Looking for that perfect gift for the aviation fan who has everything?

N600 billion wiped out of stocks in 3 days

Nigeria's stock market lost a cumulative N595 billion in three days as investor confidence reached…

Nigeria slashes growth forecast for 2015

Nigeria's finance minister on Wednesday downgraded growth forecasts for 2015 and proposed a modest cut…