Discos Demand Tariff Hike, Gencos Seek N504bn Payment Power generation companies have put the outstanding debt being owed them at N504bn and demanded that it be...
LSE Raises Estimate for Loss of London Clearing to $100 Billion Banks and investors will end up $100 billion worse off if the European Union forcibly...
OPEC’s Worst Cheater Will Get Harder to Ignore as Curbs Falter OPEC’s second biggest producer is also its biggest cheater. And if past is prologue, that...
Output Bets Spur Oil; Euro Rises on Merkel Comment Oil rose a fourth day in the build-up to OPEC’s gathering in Vienna this week, as bets...
Euro Rebounds to Six-Month High on Merkel While Dollar Steadies The euro climbed to a six-month high, rebounding from an early decline, after Chancellor Angela Merkel...
Market Sheds 0.3% on Profit Taking The Nigerian stock market closed on a negative note last week as profit taking halted a four week rally. The...
EU, US Officials Meet to Discuss Possible Carry-on Laptop Ban The fear that allowing carry-on-laptop on aircraft cabins has been reinforced by investigations that confirmed it...
CIBN Receives 136 Bank Customers’ Complaints in 2016 The Chartered Institute of Bankers of Nigeria says its Ethics and Professionalism Division received 136 petitions with claims...
Consumers Can Buy Electricity Directly From Gencos The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has declared that eligible power consumers are now free...
European Stocks Rebound From Worst Three-Day Drop Since January European stocks rose as investors assessed the extent of recent declines that dragged equities to a two-week...
