Economy

As the country struggles to ramp up revenue, private sector operators have expressed concerns about the government’s resort to multiple...

• Danbatta insists no hike in telecoms tariffs, claims FOREX will be available soon • ALTON claims service downtime is...

Manufacturer of heavy-duty equipment, Caterpillar, has urged operators in the oil and gas sector to explore opportunities in gas power...

The National Association of Stevedoring Operators, on Wednesday, said that the country was losing billions of naira to International Oil...

Tosett Agro Industries Ltd, an industrial firm, says it has seen energy costs fall by 70 per cent and lowered...

As Nigeria saves N79.6b in technology transfer processes The National Office for Technology Acquisition and Promotion (NOTAP) has said that...

An additional capacity of 3,863 megawatts of electricity is to be made available to boost power supply to customers across...

The International Chamber of Commerce Nigeria (ICCN) has called for urgent, decisive, diplomatic and practical action to avert a global...

The value of Nigeria’s cosmetic retail sales grew by an average of 14.5 per cent last year and added hundreds...

Nigerian banks’ total assets rose by N11.15tn in one year to N64.32tn as of the end of April. Figures obtained...

The introduction of the Contributory Pension Scheme (CPS) in 2004 addressed the challenges of the Defined Benefits Scheme (DBS), which...

British International Investment (BII), the UK government’s Development Finance Institution (DFI), formerly known as CDC Group has introduced its new...

The losses came after a gloomy US consumer confidence report had sent Wall Street tumbling on Tuesday. US stocks stabilised...

With the current unstable accruals in the Foreign Exchange (FX) Reserves; dwindling from $39,650 billion in April to $38,540 billion...

Following growing demand investors have in five months to May 31, 2022, traded Foreign Exchange (FX) worth N24.93 trillion as...

•As the firm offers £20m for renewable projects Experts are seeking ways to address financial challenges hindering the development of...

Following an unprecedented rally that increased the equities market’s Year-To-Date (YTD) returns by 21 per cent, the Nigerian Pension Fund...

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...