Oil rises above $79 in Asia as strong US corporate earnings boost investor optimism , Associated Press Writer, On Monday July 26, 2010, 1:12 am EDT   SINGAPORE (AP) — Oil prices rose above $79 a barrel Monday in Asia as regional stock markets extended a rally from last […]

  July 26, 2010   A business mogul, Alhaji Aliko Dangote, has filed an application before a Federal High Court in Lagos, asking it to stay execution on a bench warrant issued against him for failure to appear before it in contempt proceedings by some aggrieved shareholders of the African […]

  From Kunle Aderinokun in Abuja, 07.26.2010    The Senate Committee on Petroleum Upstream said at the weekend that the Nigerian National Petroleum Corporation (NNPC) failed to meet the deadline for submission of its annual budgets from 1999 to date and the law authorizing it to make releases of funds […]