Month: November 2018
South Africa will invest 1 billion dollars in South Sudan’s oil sector, including in the construction of a refinery capable of producing 60,000 barrels of oil per day. Jeff Radebe, the South African Minister of ...
Steep losses in Chinese share markets dented Asian equities on Friday as lingering trade war tensions and weak corporate earnings in Europe added to worries about global growth. With U.S. markets closed overnight for Thanksgiving ...
South Korea’s Samsung Electronics on Friday vowed to compensate by 2028 its local chip and display factory workers who have suffered from work-related illnesses. The move settles a year-long dispute between the world’s top memory ...
The German Government has said it is investing 20 million Euro in the training of 52,000 Nigerian youths over a period of four years. Dr Thomas Kirsch, Country Director, Deutsche Gesellschaft für Zusammenarbeit (GIZ) GmBH ...
The Nigerian Liquefied Natural Gas Limited (NLNG) says it is planning to hire Nigerian companies in development of Train 7 gas project expected to commence soon. NLNG is targeting to increase its gas production from ...
The privatisation and commercialisation process has freed up over three billion dollars consumed by Public Enterprises (PEs) annually in terms of subventions, waivers and unpaid taxes, the Bureau of Public Enterprises (BPE) says. Mr Alex Okoh, ...
U.S. President Donald Trump has ‘apologised’ to Americans for allegedly causing traffic jams in the country following the crash in the global oil prices. Trump, in a series of tweets, also alleged “a lot of ...
Amazon.com Inc said on Thursday it would stop blocking Australians from shopping on its U.S. site after a customer backlash, unwinding a move. The move has tarnished the e-commerce giant’s launch in the world’s 12th-largest ...
The NNPC says it is devising new ways to attract more funding for operators in Nigeria’s oil and gas industry to launch them into a new phase of exploration. The operators have been grappling with ...
Mrs Omolara Adagunodo, Managing Director, Jumia’s Hotel and Flight Marketplace, on Thursday urged the Federal Government to extend Visa-on-Arrival to international tourists trooping into the country for leisure. Adagunodo, who made the call in Lagos, ...
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