Naira appreciates against dollar

The Naira on Friday appreciated against the dollar in all the segments of the Forex market. The Nigerian currency exchanged at N422 to the dollar, gaining 3 points from N425 it traded on Thursday, while […]

Oil prices rebound from sharp losses

Oil prices rebounded Friday as traders fished for bargain crude after the previous day’s heavy losses, and eyed an upcoming meeting to tackle a global supply glut. At about 1130 GMT, US benchmark West Texas […]

Apple gets maximum tax penalty

After a 2-year investigation, the European Commission (EC) announced that  Apple will have to pay more than $14.5 billion, plus interest, in “illegal tax benefits”. For years,  Apple has been syphoning cash from shell companies […]

Mining firm discovers High Grade Nickel in Nigeria

A private mining syndicate headed by Mr. Hugh Morgan, a mining industry veteran, has made a potentially “high grade” Nickel discovery in Nigeria, The Australian, an Australian national newspaper, has reported. According to the newspaper, […]

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