Nigeria

Nigeria currently accounts for 33 per cent of the total gas reserves in Africa, the Federal Government said on Monday....

The volume of Premium Motor Spirit, popularly called petrol, that was consumed across the country in the first half of...

The Bank of America has said the Monetary Policy Committee of the Central Bank may need to increase interest rates...

As apprehension over the anticipated 40 percent increase in electricity tariff persists, the Chief Executive Officer of PowerCap Limited, Mr....

Purchasing power of Nigerians dropped in June 2023, as the effects of the fuel subsidy removal and rising inflation continue...

Nigeria’s external reserves fell by $2.85bn in the first half of 2023 due to external debt finance among other challenges,...

The Federal Government has saved about N400bn due to the removal of subsidy on Premium Motor Spirit, popularly called petrol,...

The Debt Management Office (DMO) has said the total public debt stock of Nigeria as of March was N49.95 trillion...

European stock markets fell at the start of trading on Monday following a drop in Tokyo, as traders tracked the...

Following political uncertainty, low return on investment amid double-digit inflation among, other factors, domestic and foreign investors' portfolio transactions on...

Following losses in Okomuoil and 30 stocks, the equities market reversed three sessions of gains to close on a downturn...

The total amount of revenue generated by electricity distribution companies rose by 20.81 per cent despite a drop of 1.74...

The naira slumped further to the dollar after closing at 770.38/$ at the end of trading on the investor &...

President Bola Tinubu’s assent, the other day, to the electricity bill passed in July 2022 seeking to repeal the Electricity...

The Federal Government of Nigeria (FGN) has approved the issuance of licenses to six new companies to import petroleum products...

Nigeria’s inflation rate rose not less than 67 times since June 2014, according to findings by The PUNCH. Analysis of the...

The Central Bank of Nigeria has lifted the limits placed on domiciliary accounts. In a statement by the CBN on...

As the Nigerian National Petroleum Company Limited (NNPCL) hands-off the monopoly of petrol importation, petroleum marketers have demanded immediate release...

The burning of oil, gas and coal causes seven million premature deaths around the world annually through bad air that...

The naira traded at 702.19/dollar at the close of business on Thursday, as the Central Bank of Nigeria has allowed...

The Federal Government, on Tuesday, issued and signed licences for the establishment of two crude oil export terminals, capable of...

The Federal Government is set to make about N124.26bn in a year from the imposition of a 0.5 per cent...

Nigeria recorded N5.14 trillion from crude oil sales in the first three months of 2023, from N4.9 trillion realized over...