Business

AFP photo The French and German flag carriers have urged the European Commission to counter what they say are unfair practices by Gulf airlines, seeking to influence the drafting of …

The numbers of active telephone lines rose to over 154.6 million in January, the Monthly Subscriber/Operator Data for January 2017, obtained from the Nigerian Communications Commission (NCC’s) website yesterday, has …

REUTERS photo Saudi Arabia’s Aramco will invest $7 billion in a giant Malaysian oil refinery project, Prime Minister Najib Razak said Monday, as he declared ties with the kingdom were …

REUTERS photo The London Stock Exchange on Feb. 26 said it is “highly unlikely” it will be able to meet antitrust conditions set by Brussels for its tie-up with Deutsche …

AFP photo Dependent on foreign workers and subsidies from Brussels, Britain’s small but important agricultural sector is losing sleep over the possible fallout from Brexit, but hopes a future outside …

The Asset Management Corporation of Nigeria (AMCON) said public confidence was gradually returning to Nigeria’s largest domestic carrier, Arik Air, barely two weeks after it took over the airline. AMCON …

REUTERS photo Boeing Co said it would invest 20 million pounds ($24.98 million) to open its first production facility in Europe to make components for certain aircraft. The 25,000 square …

Barclays has agreed to pay Barclays Africa nearly $1 billion to fund investments needed for it to split from its African business, paving the way for the British bank to …

REUTERS photo Mining giant BHP Billiton reported yesterday a dramatic rebound in half-yearly profits on the back of soaring iron ore prices and improved productivity. The underlying profit of $3.2 …

Oil prices rose about 2 percent to near three-week highs on Tuesday after OPEC said it was sticking to its agreement to cut production and hoped compliance with the deal …