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High demand for the US dollar by Kenyan oil importers has been blamed for the continued pressure on the Kenyan shilling as markets closed yesterday.

High demand for the US dollar by Kenyan oil importers has been blamed for the continued pressure on the Kenyan shilling as markets closed yesterday.

Tullow Oil plans to spend an estimated Sh22.5 billion in Kenya over the next one year as it prepares to start oil production on a pilot basis mid this year.

Tullow Oil plans to spend an estimated Sh22.5 billion in Kenya over the next one year as it prepares to start oil production on a pilot basis mid this year.

Kenya's fourth largest oil company by market share, Gulf Energy, has been named in Uganda Revenue Authority's list of shame for defaulting on tax.

A Alfândega do Porto de Santos fez sua primeira grande apreensão de drogas do ano, na tarde de terça-feira (10/1). Foram encontrados 399 quilos de cocaína - peso bruto - dentro de 14 bolsas em um contêiner carregado com óxido de ferro.O destino da droga encontrada nesta terça era o ...

Depois de considerar um "acidente pavoroso" o massacre em um complexo penitenciário de Manaus, o presidente Michel Temer disse nesta quarta-feira (11/1), que o Primeiro Comando da Capital (PCC) e a Família do Norte (FDN) promoveram uma "pavorosa matança" em presídios, baseada em "códigos próprios". Na avaliação do presidente, o ...

Okechukwu Nnodim, Abuja The planned closure of the Nnamdi Azikiwe International Airport, Abuja by the Federal Government for six weeks from March 8 will cripple the Nigerian economy beyond that period. On January 5 this year, the Minister of State for Aviation, Senator Hadi Sirika, announced the decision of the ...

Afeez Hanafi The whereabouts of a 22-year-old final year student of University of Port Harcourt, Henry Ochioka, has been shrouded in mystery for the six weeks that he left home on his birthday. PUNCH Metro learnt that the 400-level student of Banking and Finance left his residence in Ogbunabali, River ...

Akinpelu Dada The World Bank has predicted that Nigeria will get out of recession and grow its Gross Domestic Product by one per cent this year after plunging into its worst recession in over two decades. The bank said in a statement on Wednesday, “Sub-Saharan African growth is expected to ...