Business

Iran to partner with Nigeria to develop power sector

Mr Mohammed Nematzadeh, Iran’s Minister of Industry and Mines, on Friday in Abuja, said Iran…

France backs GE bid for industrial jewel Alstom

France stepped firmly into the battle over Alstom on Friday, saying it favoured General Electric's…

Iraq violence, weaker dollar lifts raw material prices

LONDON- Crude oil and metals prices rallied this week on escalating violence in Iraq, a…

Renewable energy for Nigeria's rural electrification – Minister

Nigeria's government says it has concluded plans to use renewable energy to fast track its…

Leading Portuguese BES bank in turmoil, stock suspended

Leading Portuguese bank Banco Espirito Santo (BES) was in turmoil on Friday after press reports…

World stocks at record peak, gold holds gains as dollar dips

An index of global stocks nestled near record highs on Friday while gold celebrated its…

SON urges Nigerians to patronise certified local products

Ilorin, June 20, 2014 (NAN) The Standards Organisation of Nigeria (SON) has urged Nigerians to…

India replaces US as largest importer of Nigeria's crude oil

The Nigerian National Petroleum Corporation (NNPC) on Thursday said India had replaced the United States…

Shoprite opens largest outlet in West Africa

Mr Fatai Oshungboye, the Ibadan Branch Manager of Shoprite, said on Thursday that its new…

Deloitte launches tool to identify firms with technological innovations

A professional services firm, Deloitte, says it has launched Deloitte Technology Fast50 Africa Programme to…