Business

Nigeria: Power supply drops sharply

Nigeria's electricity production has dropped to 3,500 megawatts.

Electricity consumers given incentives to acquire pre-paid meters

MADUABUCHI NMERIBEH/Kano Authorities of Nigerian Electricity Regulatory Commission, NERC, has urged electricity consumers to make…

Brent crude price plunges to $61 in Asian trade

Oil prices sank to a fresh five-year low in Asia on Monday after a top…

Oil workers strike will affect Port Harcourt area first: NUPENG

Okafor Ofiebor/Port Harcourt The threatened shut down of Nigeria's oil industry by the two oil…

17 year-old school boy makes $72mln trading penny stocks

He has not yet reached his 18th birthday.

PPMC CEO praises Jonathan for 'transforming' oil sector, but strike looms

The Managing Director, Petroleum Products Marketing Company ( PPMC), Mr Haruna Momoh, has commended Nigeria's…

French cab drivers to block Paris roads in Uber taxi war

Parisian taxi drivers have vowed to block roads leading into the French capital on Monday…

Nigeria's oil workers begin total strike

Nigeria's two main oil workers' unions said they would launch an indefinite strike on Monday,…

Spain not sliding into deflation: Economy minister

Spain is not at risk of sliding into deflation, its economy minister said Sunday, adding…

OPEC: market fundamentals don't justify sliding prices

The rise in oil supplies on global markets does not justify the sharp drop in…