Shale: Nigeria, Others Must Lower Costs Members of the Organisation of the Petroleum Exporting Countries must lower production costs to compete better with shale oil producers,...
EU, Germany Support Nigeria’s Energy Project with €25m The European Union and the German government are jointly providing a total of €25m (N8.1bn) as energy support...
Buhari Gives Approval for Private Investments in Refineries President Muhammadu Buhari has approved the implementation of a new commercial model that will allow private investors to...
FG Approves N701bn Payment Guarantee for Power Firms The Federal Government on Wednesday approved N701bn payment assurance guarantee for any energy produced by the electricity generation...
Ambode Signs Bill, Salutes Adeboye at 75 The Lagos State Governor, Akinwunmi Ambode, on Wednesday signed the Environmental Management and Protection Bill into law, expressing optimism...
Vehicle Import Policy: Port Authorities Claim Improved Traffic Two months after the Federal Government commenced implementation of its fiscal policy on importation of vehicles through land...
The Obamas Get Over $60m Deal For Memoirs Penguin Random House has landed a deal to publish two forthcoming memoirs by former U.S. President Barack Obama...
Nedbank Downgrades Ecobank Stocks South Africa’s Nedbank booked a $293 million writedown on the value of its stake in sub-Saharan lender Ecobank on Tuesday and reported...
U.K. Consumer Borrowing Remains Below Average as Confidence Ebbs U.K. consumer credit remained below average in January, reinforcing a picture of weakening confidence as inflation bites....
German Unemployment Declines as Confidence in Economy Improves German unemployment continued to decline in February as companies expressed confidence in the outlook for Europe’s largest economy....