Business

Kuwait awards $4.8 bn airport expansion project

Kuwait on Monday awarded a contract worth 1.

Spain's new car registrations surge 26 percent in October

New car registrations surged for a sixth straight month in Spain in October, jumping 26.

Conoil profit down 32 per cent, Dangote Cement crawls

Nigerian fuel retailer Conoil said on Monday its 9-month pretax profit fell 32.

HSBC takes $378m hit for forex scandal

HSBC bank on Monday took a $378 million (302 million euro) charge linked to allegations…

Thomson Reuters, ALN Ventures to help African entrepreneurs

Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced…

IHS, Nigeria's phone tower firm raises $2bn in equity

Nigerian phone tower group IHS has raised $2 billion in equity and $600 million in…

Japan's monetary stimulus drives US dollar high

The US dollar traded near a seven-year high against the yen Monday after Japan's surprise…

Virgin Spaceship crash: Safety warnings ignored, says expert

Virgin Galactic "ignored" repeated warnings in the years leading up to the deadly crash of…

Saudi bank share offer 16 times oversubscribed

*Bank creates world record in IPO over-subscription *Bank targets $6billion, but raked in $57.

Petroleum Minister Hailed For Keeping Brass LNG Dream Alive

The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr.