Economy

The amount spent as subsidy by the Federal Government on every litre of Premium Motor Spirit, popularly called petrol, consumed...

The World Bank has said that fuel shortage and rising inflation will likely restrain economic growth in Nigeria. It said...

The Central Bank of Nigeria (CBN) has dismissed media reports that it will withdraw the ‘Form A’ discounted foreign exchange...

The euro retreated against the dollar Thursday as economic data pointed to increased prospects of a recession in Europe, while...

Nigeria LNG Limited has reiterated its commitment to 100 per cent of its Liquefied Petroleum Gas (LPG) production to the...

The promise by Governor Babajide Sanwo-Olu of Lagos State that the multibillion blue light and red light intra-city rail system...

The telecommunication industry is beginning to shake off the effect of the National Identification Number and Subscriber Identity Module policy...

The Nigerian National Petroleum Company Limited has said it would use the vast gas resources across the country as a...

The average retail price of Automotive Gas Oil (Diesel) paid by consumers increased by 181 per cent from N238.82 in...

Access Holdings, ETI, Others See 52% Increase in Interest Expense as Customers’ Deposit Soar Kayode Tokede Nigeria’s tier 1 & tier...

Foremost automobile dealer and sole representative of the Renault brand in Nigeria, Coscharis Motors Plc, has announced plans to increase...

The Securities and Exchange Commission (SEC), has reiterated its commitment to ensuring every segment of the society is covered in...

All eyes are now on the Organisation of Petroleum Exporting Countries (OPEC) as the production cuts it embarked upon in...

Following a spike in inflation in the month of April this year, Nigerian banks have increased the maximum lending rate...

The Central Bank of Nigeria (CBN), has urged banks to reduce bank charges and tailor banking services to attract the...

A significant aspect of the transition to retirement for employees of Treasury-funded Ministries, Departments and Agencies (MDAs) of the Federal...

• 9.1m subscribers lose access as data consumption hits 353,118.89TB Telecommunications operators, comprising GSM, Fixed Telephony Operators (Fixed/ Fixed Wireless); Internet...

Local airline operators, yesterday, said that a number of them now risk collapse barring the availability of affordable aviation fuel...

Only five states are paying pensions under the Contributory Pension Scheme as more workers retired by the end of the...

Nigeria’s forex exchange reserve will fall in 2022 as the Central Bank of Nigeria plans to clear about $1.7bn in...

The worsening power crisis has created a boom in the solar panel business, OpeOluwani Akintayo writes The Nigerian solar panel...

The Central Bank of Nigeria has disbursed N21bn to boost the production and export of cocoa and sesame seeds. According...

The dollar exchanged at N603 (average) at Lagos and Abuja parallel markets on Tuesday, indicating a worsening liquidity crisis in...

About 75 per cent of filling stations across the country are currently out of business due to their inability to...

• Soludo, Peterside, and others worry over rising subsidy bill The World Bank says the cost of fuel subsidy in...