Business

Court stops House of Reps probe of Diezani

A Nigerian High Court in Abuja has set aside the summons of the House of…

'We shall all suffer', German biz group warns on ruble woes

A German business group Wednesday cautioned against "Schadenfreude" over Russia's currency woes, predicting a 20-percent…

Nigeria killing telecoms with taxes, groan MTN, Airtel

Nigeria's telecommunications operators face multiple taxes and fees at local, state and federal level, two…

Korean Air heiress questioned over 'nut rage'

Korean prosecutors questioned Korean Air heiress and former senior executive Cho Hyun-Ah on Wednesday over…

Russians go on shopping spree as ruble tumbles

Russians are feeling the pinch from the slumping ruble, but one somewhat paradoxical result has…

Profligate Nigeria continues spending spree, cuts capital vote

The austerity measures that Nigeria has promised to introduce will not affect the current levels…

Enugu's governor Chime presents Budget of Transition

Ahead of his leaving office on 29 May, 2015, Governor Sullivan Chime of Enugu State…

China loans $2bn to Angolan state oil firm

Angola's state oil company Sonangol will benefit from a new $2.

Guinness, Seplat, NB nosedive at Lagos bourse

Trading activities at the Nigerian Stock Exchange (NSE) reopened on a negative note as the…