Japan’s economy contracted in the last quarter of 2015, underscores growing concern that Prime Minister Shinzo Abe’s Abenomics is falling short of expectations. According to revised...
Oil prices jumped on Monday, extending a rally that has lifted crude benchmarks by more than a third from this year’s lows, as tightening supply and...
Iranian Billionaire, Babak Zanjani Sentenced to Death Iranian Billionaire, Babak Zanjani, has been sentenced to death in an oil related fraud after a court found him...
Oil is gradually pulling away from the market’s lowest level in almost a decade, after U.S. data showed oil production fell to its lowest level since...
Jumia Attracts $325 Million From Investors Africa’s biggest e-commerce company, Jumia, has won $325 million from German, South African, French and U.S. companies interested in...
FG Unveils Plan to Split NNPC Into 30 Firms Next Week The Federal Government will next week announce plan to overhaul the Nigerian National Petroleum...
Nigerian Stock Exchange (NSE) on Wednesday rose to seven week high after 21 stocks closed with gains. The NSE market capitalization rose from N8.544tn to N8.736tn,...
Dangote Remains Africa’s Richest Man – Forbes The president of Dangote Group, Aliko Dangote remains Africa’s richest man and the 51st richest man in the world, according...
Australia’s economy grew more than forecast in the last quarter of 2015, driven by increased home building underpinned by record-low interest rates and plunge in household...
China Credit Outlook Cut to Negative By Moody’s Moody’s Investors Service lowered China credit-rating outlook to negative from stable, citing falling currency reserves, rising government...