Still in the process of resolving industrial disputes between the two countries, The Federal Government of Nigeria and British Government have agreed to allow British Airways to continue to operate its full flight frequencies to the Murtala...

The second stage towards the bailout process of banks by The Asset Management Corporation of Nigeria (AMCON) ends with a purchase of over N2.78tn total non-performing loans of banks on the face value from 21 banks at...

There is a new route towards ascertaining the war against the manufacture and importation of sub-standard products in Nigeria as the federal government comes up with new plans that will with enable laws to prosecute fake products offenders. At the opening...

Success story: Mike Adenuga, An entrepreneur with the nine lives Mike Adenuga has shown remarkable drive in managing the uncertainties of the marketplace by surviving succeeding and building a conglomerate. He runs Globacom, ETB and Conoil and...

Corruption remains life-threatening to our collective existence as a nation, as it thrives with impunity and without the appropriate tool/scheme to deal with it headlong. It is with welcome relief and jubilation that we endorse the setup...

Conrad Murray, 58, was charged with one count of involuntary manslaughter in the 2009 death of Jackson and faces up to four years in prison. The doctor, who was hired to care for Jackson as he prepared...

Total’s Nigerian subsidiary has announced it has made a new oil discovery at its offshore Etisong North 1 well. The well was drilled to a total depth of 2,387 metres in 80 metres of water. One of...

Independent energy trader Vitol has entered into a long-term purchase agreement with Sterling Oil Trading and Sterling Oil Exploration for their new Nigerian Okwuibome crude oil production, the company said on Monday. The deal includes a pre-payment...

Afren’s acquisition of a stake in a Nigeria’s OML 26, announced last year, is on track to complete by the end of 2011, the company’s chief executive said. Last year, Afren announced that First Hydrocarbon Nigeria, the...

Italy is indebted to the tune of 118% of its GDP. All eyes have been on Greece in recent months, however Italy poses a much bigger threat than Greece to the financial stability of the Eurozone. In...