Aviation Minister, Senator Hadi Sirika, has disclosed that local air passengers in Nigeria who suffer flight delays at the airport for two hours or more are entitled to a refund

The Nigerian government has moved to freeze and recover N1.8 trillion, some $4.36bn from accounts of South African companies, MultiChoice Nigeria Limited and MultiChoice Africa. The country’s Federal Inland Revenue

International Oil Companies (IOCs) operating in Nigeria on Wednesday rallied behind the Petroleum Industry Bill (PIB) passed by the National Assembly last week, describing it as a watershed in the

The meeting of the Joint Committee of the ECOWAS Parliament holding in Ouagadougou, Burkina Faso has cautioned against the use of cryptocurrencies as a mean of exchange and commerce. The

Ever Given, the giant container ship that blocked the Suez Canal for six days in March is finally resuming its voyage after the ship’s owners and insurers clinched a compensation

About 400,000 barrels of crude oil is lost daily to theft, according to data from the federal government. The Minister of Environment, Mr. Mohammed Abubakar, at a town hall meeting

The single biggest ransomware attack yet continued to bite Monday as more details emerged on how a Russia-linked gang breached the exploited software company. The criminals essentially used a tool

The Organisation of Petroleum Exporting Countries (OPEC) on Thursday failed to agree on whether or not to keep crude oil output at current levels or open the taps for a

  Donald Trump’s namesake company and longtime financial chief pleaded not guilty on Thursday to what a New York prosecutor called a “sweeping and audacious” tax fraud, arising from a

Oil prices edged higher on Thursday, supported by lower U.S. inventories, as investors waited for a decision from key producers on whether they would maintain or reduce supply cuts in

Nissan Motor Co bet on Britain to supercharge its European electric future on Thursday, pledging $1.4 billion with its Chinese partner to build a giant battery plant that will power

The Nigerian National Petroleum Corporation (NNPC) is planning to borrow $3.8 billion to actualise its agenda of acquiring a 20 per cent stake in Dangote Refinery. NNPC Group Managing Director,

The France-Nigeria Business Council will be meeting on the sidelines of the 4th Choose France International Business Summit, which commenced Monday in Versailles, France. It will be bringing together around

Britain’s financial regulator has ordered Binance, one of the world’s largest cryptocurrency exchanges, to stop all regulated activity and issued a warning to consumers about the platform which is coming

Africa’s richest man and President, Dangote Group, Alhaji Aliko Dangote, is diversifying his group’s investments in Cameroon, starting with energy. “We have plans to expand our investment to other sectors

The President of the African Development Bank (AfDB), Dr. Akinwunmi Adesina on Wednesday disclosed that the bank will support the African Continental Free Trade Area (AfCFTA) with $208 billion, as

The Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has called for lower trade costs to boost Africa’s economic recovery. Okonjo-Iweala said Wednesday at the opening ceremony of