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Business

IPMAN calls for local refining to fix petroleum sector

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File Photo Alhaji Popoola Ogundoyin, an Executive Member of Independent Petroleum Marketers Association of Nigeria (IPMAN), says that unless Nigeria produces petroleum products through its...
Business

Ethiopian Airlines in rescue talks with South African Airways ‚Äď official

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Ethiopian Airlines is in talks over possible involvement in the rescue of flagship carrier South African Airways (SAA), the head of the airline told Reuters...
Business

Waltersmith to open 5,000-barrel a day capacity refinery in September

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Waltersmith Petroman Oil Ltd., a Nigerian independent producer, will open a 5,000-barrel a day capacity modular refinery next month in Africa’s top crude producer that...
Business

Ethiopian Airlines last evacuation flight departs Lagos Friday

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Airbus Ethiopian Airline today (Thursday) said its last evacuation flight out of Nigeria will depart the country tomorrow, Friday. This clarification becomes necessary following “a...
Business

Richard Laing named new ExxonMobil Nigeria chief

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The United States-based ExxonMobil has announced the appointment of Richard Laing as chairman and managing director of its three affiliates in Nigeria ‚Äď Mobil Producing...
Business

South Africa’s rand up before central bank’s rate decision

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South Africa’s rand gained early on Thursday, before a central bank decision on interest rates, as tensions between China and the United States resurfaced and...