Yahoo has said that it will eliminate 2,000 employees, around 14% of its workforce, as new CEO, Scott Thompson, begins radically streamlining the company. The long-rumored...
Two businessmen, Olaitan Olayiwola and John Chinwuba, were last Tuesday docked before an Apapa Chief Magistrates’ Court, Lagos, for allegedly stealing an unregistered Camry 98/99 saloon...
The Africa Free Trade Zones Association last Thursday urged the Federal Government to establish Free Trade Zone (FTZ) departments in the Customs and Immigration services for...
The Rivers State Government has threatened to close down three petrol tank farm at Abonnema Wharf in Port Harcourt following the allegation that their operations posed...
The Executive Secretary of Nigerian Development Management Board (NCDMB), Engr Ernest Nwapa has said that sending Nigerians on attachments or posting them overseas would not pose...
Brent crude oil was steady above 125 dollars a barrel last week supported by fresh signs of a sustained recovery in top oil consumer, the United...
Oil prices rose up on Thursday after two days of losses, supported by concerns over disruptions to Iranian oil supplies due to nearing Western sanctions. In...
The President of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Peter Osele has warned that the unfair labour practices and anti-union activities by...
Total Exploration and Production Limited last week delivered food items worth thousands of Naira to the inmates of some charity homes in Port Harcourt and its...
Iran’s oil supply to Greece have stopped this month, depriving the Islamic Republic of one of its most loyal European customers and leaving Greece with its...