Business

Oil held above $64 a barrel on Wednesday before a U.S. government report expected to show domestic crude inventories fell for an eighth week, a sign that a supply glut is easing. The industry group American Petroleum Institute (API) on...

The Federal, states and local governments shared a total of N409.3 billion as revenue for the month of May 2015, the Permanent Secretary, Ministry of Finance, Mrs. Anastasia Nwaobia, said Tuesday.   Nwaobia disclosed this while addressing journalists on the outcome...

BlackBerry Ltd (BB.TO) (BBRY.O) reported a slightly wider than expected adjusted loss on Tuesday, however shares in the company rose over 8 percent as its revenue slide began to show signs of stalling and its turnaround begins to slowly...

Britain's accounting watchdog has opened an investigation into how accounting firm KPMG made sure that Bank of New York Mellon complied with rules on keeping customer money safe. The Financial Reporting Council said on Tuesday the investigation would cover...

Standard & Poor's central forecast is that Greece will still be in the euro and the European Union at the end of 2015, although even a late deal to stave off default will not resolve its problems, chief rating...

British banking group Barclays (BARC.L) is in talks to sell its natural resources-focused private equity business to the unit's management, a person familiar with the matter said on Tuesday. Barclays Natural Resource Investments (BNRI) has committed $3 billion to 28...

Transcorp Hilton Abuja has been honoured with an unprecedented five awards by the voters of the 22nd World Travel Awards. The hotel, which is owned by Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation of Nigeria Plc, emerged winner...

Facebook (FB.O) is gaining ground on Google's (GOOGL.O) YouTube as an outlet for big companies to market their products via online videos, the fastest growing category of Internet ads, a report published on Monday said. The competition for video viewers...

Oil prices rose above $63 a barrel on Monday in response to new proposals from Greece that the European Union welcomed as a basis for progress at talks to try to stave off a default that could cause turmoil...

Surging investment by Chinese companies in U.S. research labs is yielding a fast-growing trove of patents, part of a push to mine America for ideas to help China shift from being the world's factory floor to a driver of...