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Crude supply: N’Assembly probes $10bn oil theft, summons NNPC, Dangote

The Senate vowed to expose those responsible for economic sabotage and the importation of toxic fuel into the country. At the House of Representativ…

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business

Southwest to get rid of open seating, offer extra legroom in biggest shift in its history

Southwest Airlines is ending open seating and will offer extra legroom seats on its airplanes as mounting pressure on the carrier to increase revenue…

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business

Southwest profit falls 46% as airline takes 'urgent' steps to increase revenue

Southwest Airlines on Thursday forecast a potential drop in unit revenue for the third quarter as an oversupplied U.S. market has forced airlines to …

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business

American issues weak profit forecast after backfired sales plan, industry oversupply

The Fort Worth-Texas based airline also estimated its unit revenue would drop as much as 4.5% for the third quarter as high travel demand failed to m…

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