Mexico’s largest banks report failures in processing card payments
Several of Mexico’s largest banks reported on Saturday that they were experiencing problems processing debit and credit card payments while some shops in the capital informed customers that they would…
Digitisation: NACCIMA seeks collaboration with NCC
Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has solicited the collaboration of the Nigerian Communications Commission (NCC) on using Information and Communication Technology (ICT) to enhance…
Nigeria crude oil sales slump as US floods market with light, sweet grade
Nigerian oil has suffered its slowest sales of the year in August, traders said, as U.S. exports of competing light, sweet grades flood traditional markets in Europe and Asia, reports…
Dangote oil refinery: Steel importation, other equipment delay completion until end of 2020
Africa’s largest oil refinery will not be finished until the end of 2020 due to problems of importing steel and other equipment, executives at Dangote, which is building the facility…
MTN Group earns N50.5bn from asset sales, cuts stake in Jumia
MTN Group Ltd has raised 2.1 billion rand ($140.24 million or N50.486 billion) from asset sales as part of a divestment plan announced in March, Africa’s largest mobile network by…
Jumia shares crash below IPO price on New York Stock Exchange
Four months after a landmark listing on the New York Stock Exchange, e-commerce giant, Jumia’s shares have crashed below its IPO price. After launching its IPO at $14.50 per share,…
We’ll publish details of our supply contracts for accountability – NNPC GMD
The Nigerian National Petroleum Corporation (NNPC) has urged the public to be wary of attempts to drag the corporation into politics in the guise of requests for information under the…
No plan to relocate NGC out of Niger Delta region – NNPC
The Nigerian National Petroleum Corporation (NNPC) says it has no plan to relocate its subsidiary, Nigerian Gas Company (NGC) outside the Niger Delta region. The spokesman of the corporation, Mr…
NNPC to partner with Turkey beyond crude oil – Kyari
The Nigerian National Petroleum Corporation (NNPC) has expressed its desire to extend Nigeria’s trade relations with Turkey beyond crude oil. The Group Managing Director of NNPC, Malam Mele Kyari, disclosed…
NUPENG threatens strike over Chevron staffing dispute
One of Nigeria’s main oil and gas trade unions on Thursday threatened to take industrial action over a staffing dispute with Chevron. In a statement, the Nigeria Union of Petroleum…