Business

4 cops killed in Bayelsa, 6 Agip workers kidnapped

Gunmen on a speedboat in Nigeria's oil-producing state of Bayelsa killed four policemen and kidnapped…

Jonathan appoints Otti as deputy GMD of NNPC

President Goodluck Ebele Jonathan has approved the creation of a new office of Deputy Group…

Unilever Nigeria reports 49 per cent drop in profit

Unilever Nigeria said on Tuesday its nine month to September pre-tax profit fell 49 percent…

World Federation of Exchanges admits NSE as full member

The Nigerian Stock Exchange today, announced that it received a unanimous vote for admission as…

Central Bank limits foreign borrowing by Nigerian banks

A new circular by Nigeria's central bank has limited banks to foreign currency borrowings to…

Standard Chartered issues profit warning

Standard Chartered reported Tuesday a sharp fall in pre-tax profits in the third quarter and…

Twitter stock hammered again over poor earnings

Twitter saw its shares hammered Monday after reporting quarterly results that largely met expectations but…

Japan's Softbank pumps $627mln in India's online giant

Japan's SoftBank said Tuesday it would invest $627 million in Snapdeal, becoming the largest shareholder…

Oil extends losses, Goldman Sachs projects $80 for Brent crude

Oil moved lower in Asian trade Tuesday after Goldman Sachs slashed its price forecasts for…

Honda's half-year profit up, but may miss annual earnings forecast

Honda on Tuesday said its six-month net profit jumped almost 19 percent, but the Japanese…