Gencos May Bypass Discos to Supply Electricity to Consumers Following the huge debt owed the power generation companies (Gencos) by the distribution companies, which receive bulk...
King Sunny Ade’s Guitar Goes For N52m A vintage fender guitar owned by legendary Nigerian musician, King Sunny Adé, was on Sunday auctioned at N52.1 million...
Oil Prices Soar to $58 on Global Output Cut Deal Oil prices shot up over four per cent to their highest level since 2015 early on...
IATA Sees $29.8b Revenue For Global Carriers The International Air Transport Association (IATA) says it expects the global airline industry to make a net profit of...
Tokyo Stocks Surge Ahead of Fed Rates Hike Tokyo stocks rose on Monday morning, led by exporters as the dollar jumped against the yen ahead of...
Forte Oil Leads Gainers, Financial Stocks Lift Turnover by N10.6 Billion Forte Oil traded higher at the end of last week’s transactions on the Nigerian Stock...
Overnight Lending Rate Falls Sharply on Cash Inflow The overnight tenor of the Nigerian Interbank Offered Rates (NIBOR) dropped sharply to an average of 3.9 per...
FG Reduces Kerosene Importation by 51.8 Million Litres The Federal Government has been systematically reducing the importation of House Hold Kerosene in a bid to increase...
Google Said to Reach Agreement With Cuba for Expanded Service Google is planning to expand its services in Cuba through a deal with the island’s government,...
Geospatial Technology’ll Grow Nigeria’s Economy by $3bn The Ordnance Survey of Great Britain has said Nigeria will grow its economy by $3bn through the adequate deployment...