Economy

Nigeria can reduce its level of unemployment and fight poverty if the potential in the foreign exchange (fx) market is...

Mr Rachid Benmessaoud, Country Director, World Bank Group, says the bank’s net commitment to Nigeria over the years is about...

An Indian national, Lokesh Parwani, who allegedly attempted suicide after he was arrested for an alleged N116 million fraud yesterday...

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, has highlighted the many benefits of...

The take off of the African Continental Free Trade Area (AfCFTA) got a notch better yesterday, when the African Development...

Nigeria imported a total volume of 5.61 billion litres of Premium Motor Spirit, also known as petrol, in the second...

Senate President Ahmad Lawan might not have entirely escaped the aftershocks of the red chamber’s appointment of chairmen of committees....

The Kaduna zonal office of the Department of Petroleum Resources (DPR) has sealed 53 filling stations and four gas stations...

The Agricultural Transformation Agenda Support Programme Phase 1 (ATASP-1) funded by the African Development Bank (AfDB), may have injected about...

The Debt Management Office (DMO), has announced that the Federal Government (FGN) savings bond established in May 2017, has recorded...

The Department of Petroleum Resources (DPR) on behalf of the Federal Government says it has reduced the turn-around time for...

From its monthly operations and financial reports, the Nigerian National Petroleum Corporation has identified that over the last one year,...

The international oil benchmark, Brent crude, extended its decline on Monday, trading below Nigeria’s $60 per barrel budget benchmark.  ...

OLAM International Limited has made a final of fer of N120 billion for the acquisition of 99.9 per cent equity...

Nigeria’s power system masterplan would require a massive investment of over $20 billion for power generation over the next 20...

AIICO Insurance Plc has posted a Gross Written Premium (GWP) of ₦25.4 billion in half-year of 2019, against N19.2 billion...

The Asset Management Corporation of Nigeria (AMCON) has taken over Bao Yao Futurlex Iron & Steel Company Limited in Abuja...

Nigerian insurance firms may lose 72 per cent of the insurance business in the Dangote Oil Refining Company whose insured...

The total insurance cover given to some major oil multinationals in the country by local underwriters rose to $157.99bn between...

The Federal Government has moved the partial closure of portions of the Lagos-Ibadan Expressway to September 2, 2019. The partial...

The Federal Road Safety Corps says its officers are not authorised to seize vehicle documents. It, however, noted that driver’s...

The international oil benchmark, Brent crude, dropped for the first time in six days on Thursday after the United States’...

The Nigerian Investment Promotion Commission (NIPC), says it has collated 15.15 billion dollars investments in the country for the first...

The planned partial closure of a part of the Lagos-Ibadan Expressway for reconstruction has been shifted to Monday, August 5,...