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If Turkey has sufficient physical gas storage to trade large volumes of gas passing through its territories, the country will have every opportunity of becoming a genuine energy hub for southeast Europe, International Energy Charter Secretary-General Urban Rusnak told state-run Anadolu Agency.

The arrested son-in-law of former Deputy Prime Minister Bülent Arınç told an Ankara judge that he had accepted the presidential post of a Gülen-affiliated institution because Arınç told him it would be “beneficial” for him to be in charge of such an organization.

German Foreign Minister Sigmar Gabriel on Tuesday accused US President Donald Trump of stirring up conflicts in the Middle East and risking a new arms race as Qatar’s neighbours cut ties with Doha. “US President Trump’s recent giant military contracts which Gulf monarchies raise the risk of a new spiral ...

Eniola Akinkuotu, Abuja The Economic and Financial Crimes Commission says it has secured 340 convictions for various offences and recovered billions of dollars stolen funds from unscrupulous individuals within the last six months. The EFCC acting Chairman, Ibrahim Magu, said this at the project launch on law enforcement and public ...

The Director-General, Budget Office, Mr. Ben Akabueze, says he is optimistic that the 2017 budget will soon be signed. He said this on Tuesday in Abuja at a round table organised by Time Economics on issues concerning the economy. Akabueze said that to address issues of delayed budget passing and ...

The House of Representatives has urged the Federal Ministry of Industry, Trade and Investment to interface with Cement Manufacturers Association of Nigeria (CMAN) over escalating price of cement in the country. The call was sequel to a unanimous adoption of a motion by Rep. Abubakar Yunusa (Gombe-APC) at the plenary ...

Leke Baiyewu, Abuja The Senate on Tuesday said Nigeria’s banking sector is being run by a cartel which frustrates the monetary and fiscal policies of the Federal Government. It said the group of bank owners has become strong that it manipulates the economy. The upper chamber of the National Assembly ...

Olalekan Adetayo, Abuja The Acting President, Yemi Osinbajo, has described Nigeria as one of the most profitable places in the Economic Community of West African States sub-region for business and investment. A statement on Tuesday by his Senior Special Assistant on Media and Publicity, Mr. Laolu Akande, quoted the Acting President ...

British Foreign Secretary Boris Johnson on Tuesday said he saw no reason to cancel Donald Trump’s state visit to Britain after the U.S. president criticised Mayor Sadiq Khan’s response to the London Bridge killings. Trump lambasted Khan on Twitter, accusing him of making a “pathetic excuse”, for saying that Londoners ...

Eniola Akinkuotu, Abuja A former Minister of Aviation, Femi Fani-Kayode, has condemned the President Muhammadu Buhari-led government for allegedly snubbing Israel at the just concluded summit of the Economic Community of West African States, which held in Liberia. The government had sent a small delegation headed by the Minister of State ...