Business

Nigeria slashes oil benchmark price to $65, Naira still wobbling

The Nigerian naira weakened slightly on Thursday, staying below the central bank's new target band,…

Australian airliner appoints woman chief pilot

Jetstar Thursday announced the appointment of a woman as its chief pilot -- the first…

Oil prices regain bounce on US stockpiles

Oil prices rose in Asia on Thursday after a dip in US crude stockpiles raised…

Rapper Jay Z buys French champagne brand

by Alain JULIEN/AFP Lose the Cristal.

NATCOM Consortium wins bid for NITEL/MTEL

NATCOM Consortium on Wednesday in Abuja emerged the preferred bidder for the acquisition of Nigerian…

Nigeria needs a new oil market strategy: Alison-Madueke

Mrs Diezani Allison-Madueke, Nigeria's oil minister and conference President, Organisation of Petroleum Exporting Countries (OPEC),…

Russian Ruble in a fresh tumble

The ruble nose-dived on Wednesday, reaching a new record low against the dollar at 54.

Major power outage hits US city of Detroit

A major power outage hit the US city of Detroit Tuesday, cutting off electricity to…

US automakers see higher sales in November

US auto giants General Motors and Chrysler Tuesday rode lower gasoline prices and aggressive holiday…

London stocks surge as oil prices rise

London's stock market rebounded on Tuesday, as shares in heavyweight energy companies recovered thanks to…