Oil prices tumbled below $50 on Friday amid worries that U.S. President Donald Trump's decision to abandon a global climate...

U.S. job growth likely remained strong in May, a further sign of an acceleration in economic activity that would effectively...

Nigerian crude differentials were under pressure on Thursday at the close of trade in London from the prospect of more...

A Senate panel Thursday recommended a five-naira tax on any litre of petroleum products purchased by Nigerians to fund the...

The House of Representatives says it would pass a more holistic Petroleum Industry Bill (PIB) that will encompass interests of...

Billionaire Lev Leviev, who made his fortune undercutting De Beers’ former diamond monopoly, has bought half of one of Africa’s...

Transcorp Hilton Abuja today announced the reopening of its executive floors and lounge, following the completion of the renovation of...

*All-share index rising by 2.8%...  The Nigerian bourse sustained its bullish run Thursday as the benchmark index closed positive for...

Barclays Plc said it will sell a further 22 percent stake in its South African unit, a holding worth about...

South Africa avoided a second downgrade in two months from Fitch Ratings Ltd. as the company left its assessment of...