‘Nigerian Banks Lose N237 Billion to Frauds in 10 Years’ Fraudsters, especially through the electronic payment channels may have stolen about N237 billon since 2007 from...
Egyptian Refining Co.’s $3.7 Billion Plant Will Start Up in September Egyptian Refining Co.’s new $3.7 billion processing plant will begin operations in September and save...
Twitter Halts User Verification Process, Saying It’s ‘Broken’ Twitter Inc. is halting its system for verifying users’ identity, saying that the process has become “broken” and...
US Jobless Benefits Surge Slightly Last Week Despite the worse than expected non-farm payroll report last week, the U.S. labor market continued to absorb more workers....
Oil Prices Plunge on Surprise Rise in US Oil Inventories The U.S. crude oil production rose to the highest in more than three decades last week,...
MTN Extends Gains After Nigeria Funds-Transfer Case Is Dropped MTN Group Ltd. extended gains after Nigerian lawmakers ruled that allegations of illegal repatriation of almost $14...
FG to Improve Ease of Doing Business Ranking from 145 to 100, Says Presidential Aide The Federal Government is committed to enhancing the ease of doing...
Senate Indicts CBN over Alleged $1bn Annual Repatriation by MTN The Senate on Wednesday indicted the Central Bank of Nigeria for causing the abuse of a...
FG Protests Moody’s Downgrade, Reveals Plan to Sell JV Oil Assets The Nigerian government Wednesday “strongly” rejected the reasons one of the global rating agencies, Moody’s...
Senate Summons Fashola Over Alleged $35m Spendings The Senate on Wednesday began an investigation into the alleged plan by the Ministry of Power, Works and Housing...
