Trump blasts OPEC as Saudis see oil price rise

Saudi Energy Minister Khaled al-Faleh said Friday the global market has the capacity to absorb higher oil prices, drawing a swift reaction from US President Donald Trump who accused OPEC of inflating prices. (FIles) US President Donald Trump speaks during a meeting with senior military leaders at the White House in Washington, DC, on April 9, 2018. More...

by Uchenna Ajah | Published 2 days ago
By Uchenna Ajah On Saturday, April 21st, 2018
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Chapel Hill Denham to handle MTN $5.23b listing in Nigeria

South African telecoms firm MTN has appointed Nigerian investment firm Chapel Hill Denham as lead manager for the initial public offering of its Nigerian business in Lagos later this year. MTN plans listing on Nigerian More...

By Uchenna Ajah On Friday, April 20th, 2018
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Oil boom for Nigeria as prices hit $73.79 a barrel

An improvement in Nigeria’s oil earnings is on course as prices held firm on Friday near three-year highs reached earlier this week as ongoing OPEC-led supply cuts, as well as strong demand, gradually draw down More...

By Uchenna Ajah On Friday, April 20th, 2018
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China’s ZTE groans under US ban

China’s ZTE Corp said on Friday that a U.S. ban on the sale of parts and software to the company was unfair and threatens its survival. However, the company vowed to safeguard its interests through all legal means. ZTE More...

By Uchenna Ajah On Friday, April 20th, 2018
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Pacquiao turns to cryptocurrency

Philippine boxing icon Manny Pacquiao said  he would launch a cryptocurrency to connect with fans, but also backed the regulation of virtual currencies. Filipino boxing idol Manny Pacquiao (L) listens as Jeffrey More...

By Uchenna Ajah On Friday, April 20th, 2018
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OAU unveils Monica Osagie as student in sex-for-marks scandal

The authorities of the Obafemi Awolowo University, Ile-Ife today said Monica Osagie was  the student involved in a sex-for-marks scandal, that has sorely questioned the morality of university dons, in the training More...

By Uchenna Ajah On Thursday, April 19th, 2018
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NNPC retail set new measures to check marketers

The Nigerian National Petroleum Corporation (NNPC) says its downstream subsidiary, NNPC Retail Limited, has introduced stricter measures to scrutinise and supervise the operations of its mega and affiliate retail More...

By Uchenna Ajah On Thursday, April 19th, 2018
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OAU professor in sex-for-marks scandal suspended

Prof. Richard Akindele, the Obafemi Awolowo University of Ile-Ife  don enmeshed in a sex-for-marks scandal has been suspended by authorities of the university. Professor Richard Akindele: OAU Professor suspended More...

By Uchenna Ajah On Thursday, April 19th, 2018
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35 ships with petrol, others expected -NPA

Thirty-five ships carrying petroleum products, food items and other goods are expected to arrive at the Apapa and Tin Can Island ports in Lagos from Thursday to May 6. 35 ships with petrol, others expected – NPA The More...