Facebook is on its way to global domination, but there are still seven major markets where it is not the leading social network, according to a new report from comScore. Here’s a look at those seven other markets : Brazil...

Twitter, a microblogging service that allows its users to broadcast short, 140-character messages to groups of “followers,” said Google’s changes would make it tougher for people to find the breaking news often shared by users of its...

(Reuters) – Organized crime has tightened its grip on the Italian economy during the economic crisis, making the Mafia the country’s biggest “bank” and squeezing the life out of thousands of small firms, according to a report...

Air Nigeria has announced plans to take delivery of 4 new aircraft valued at N 45 Billion ($ 280 million). According to Kinfe Kahssaye, CEO of Air Nigeria, the company plans to two Airbus A330-200 and two...

The ongoing labour strike in Nigeria has contributed to drive the price of Cocoa to highs not seen in 11 years. Government processing offices that usually grade Cocoa before export are closed as a result of the...

Powerful financial institutions known as Hedge Funds are taking a defiant stand against the International Monetary Fund in order to protect their financial investment positions in Greek sovereign debt as the EuroZone crisis lingers. As part of...

Senators have unified with the Representatives in calling for President Jonathan and the executive to temporarily reverse the pump price of petrol back to N 65. During a closed door session yesterday, quite unlike the transparent session...

The bears appear to have been driven away from the market as a result of the nationwide strike as the Nigerian Stock Exchange has gained for the second consecutive day.  The All Share Index (ASI) gained 0.50%...

According to a poll conducted by BusinessNews, 82% of Nigerians do not support President Jonathan’s decision to remove fuel subsidy, believing it was the wrong decision. Respondents to the survey came from diverse locations including Norway, Sudan,...

African Petroleum, a multi-national Oil and Gas Exploration Company based in Australia focused on offshore West Africa with current projects off the coast of The Gambia and Liberia has been awarded an exploration license in Ivory Coast....