The National Bureau of Statistics has said unemployment is the major problem confronting the nation and not corruption as speculated. The bureau stated that Nigerians believe...
The Debt Management Office (DMO) said the government would not be able to borrow more than $6.25 billion (N1.91 trillion) in the 2018 fiscal year, even...
The Manufacturers Association of Nigeria, MAN, and the Organised Private Sector has come out to express their dissatisfaction at some ‘non-real sector’ operators who are canvassing...
The Electricity Distribution Companies in the country said the problem of epileptic power supply in the country may not end in the next five years if...
In a bid to mitigate the effect of the tight monetary policy stance which has slowed down outflow of funds to the real sector of Nigeria’s...
The Federal Government has announced the postponement of the planned three-day closure of the Third Mainland Bridge for Investigative Maintenance Test to August 24 – August...
The House of Representatives’ investigation into incentives/waivers granted to multi-national corporations is aimed at ensuring that Nigeria is not short-changed from benefits derivable from foreign direct...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday retained the key lending rate at record-high of 14 percent for the...
The Federal Government has signed a Memorandum of Understanding (MoU) with the Nigerien Government on the establishment of a modular refinery to be sited in Katsina...
The Association of Foreign Airlines and Representatives on Monday called on the Federal Government to engage stakeholders in the aviation sector including the domestic airline operators...
The Nigeria National Petroleum Corporation (NNPC) failed to remit a total of about One hundred and ninety-eight billion naira in 2016 to the Federation Account, bringing...
Nigeria’s inflation rate has dropped in June for the 17th consecutive time, even as it recorded the lowest drop in five months indicating the economic indicator...
It is no longer news that the Nigerian government has unveiled the new national carrier, Nigeria Air, about fifteen years after the defunct Nigeria Airways wounded-up...
The Minister of Power, Works and Housing, Babatunde Fashola, has hit back heavily on the Association of Electricity Distributors (ANED), describing it as an interloper. The...
Nigerian workers have been subjected to hard times and difficulty in meeting basic family needs for most parts of the month as for about four times,...
Workers in the Federal and States’ civil service can now heave a sigh of relief as the Federation Accounts Allocation Committee (FAAC) finally shared N668.89 billion...
The Central Bank of Nigeria (CBN) on Friday sold Chinese Yuan for the first time through an auction-based system designed for Chinese Yuan foreign exchange window...
Group Chief Executive Officer of Dangote Cement, Joe Makoju has revealed that the company has invested a whopping $3 billon to build manufacturing plants and import/grinding...
The Federal Government of Nigeria Friday issued its pioneer Sovereign Green Bond worth N10.69 billion. This makes the country the first African nation to issue a...
The new national carrier, Nigeria Air, plans to start flight operations in December with a fleet of 15 leased aircraft, according to a report by Bloomberg....
The Federal Government has selected about 81 routes for the commencement of flight operations for the newly unveiled national carrier, Nigeria Air, Minister of State for...
The Securities and Exchange Commission (SEC) said it was ready to lead the entire capital market industry in an effort to migrate all shareholders to an...
The Federal government on Wednesday in London unveiled the new national carrier to be known as Nigeria Air. Fifteen years after the old Nigeria Airways stopped...
The Speaker of the House of Representatives, Yakubu Dogara, Tuesday said Nigeria has no viable steel sector but keeps utilising millions in tonnes of steel to...
The 11 Electricity Distribution Companies (DisCos) in Nigeria on Tuesday said the claims by the Minister of Power, Works and Housing, Babatunde Fashola, on the status...
The stock market on Tuesday extended its Monday’s bearish performance as the key performance indicator of the Nigerian Stock Exchange (NSE), the All Share Index (ASI)...
The International Monetary Fund (IMF) has raised its growth projection for the Sub-Saharan Africa’s economy to 3.8 percent in 2019 from 2.8 percent in 2017, implying...
Oando Plc. said it is not affected by the July 6, 2018 ruling of the London Court of International Arbitration ordering the payment of $680 million...
Trading session on the floor of the Nigeria Stock Exchange (NSE) on Monday recorded bearish performance to open the week, as indices of major sectors in...
Some major stakeholders on Monday have expressed their worries over the signing of the Africa Continental Free Trade Agreement (AfCFTA). They said it was too early...
The London Court of International Arbitration has ordered Ocean and Oil Development Partners Limited, belonging to Wale Tinubu, the Chief Executive Officer of Oando Plc., to...
The management of the China National Offshore Oil Corporation (CNOOC) said it would invest additional $3 billion in its stake in offshore oil and gas operations...
The Federation Accounts Allocation Committee (FAAC) said it would soon begin to probe alleged shortfall in revenue remittance by the Federal Inland Revenue Service (FIRS). The...
The Federal Government said it was working earnestly to ensure the diversification of the country’s export base and increase its non-oil exports to the Netherlands, the...
The Osun State Government has approved N377.1 million agriculture loan for 1,000 rice farmers in three Local Government areas of the state to cultivate 1,000 hectares...
The Asset Management Corporation of Nigeria (AMCON) said it has taken over Sigma Apartments owned by Sigma Engineering & Construction Limited over N1 billion debt. The...
The International Monetary Fund (IMF) has said Nigeria’s 2018 economic outlook remains challenging as the economy is characterized by low private sector lending and short-term foreign...
The Asset Management Corporation of Nigeria (AMCON) on Thursday said it was yet to find buyers for the N182 billion assets obtained by the corporation from...
The Nigerian Maritime Administration and Safety Agency (NIMASA) said it is targeting to generate N109 billion as revenue in 2018. Speaking on the 2018 budget before...
The Oyo State Board of Internal Revenue (OYBIR) said it will soon begin the collection of N10 daily tax from traders and various operators in the...
There seems to be no end to the crisis between the Nigerian National Petroleum Corporation (NNPC) and other members of the Federation Accounts Allocation Committee (FAAC)...
The new Nnamdi Azikiwe International Airport terminal under construction is expected to begin operations in October 2018. The Managing Director, Federal Airports Authority of Nigeria (FAAN),...
Finance Minister Kemi Adeosun said the Federal Government would soon sign the African Continent Free Trade Agreement (AfCFTA), as it was taking its time to assess...
The Nigerian Communications Commission (NCC) on Wednesday signed a Memorandum of Understanding (MoU) with the Nigeria Security and Civil Defence Corps (NSCDC) to protect critical National...
Indications have emerged that operations of telecom company, MTN Nigeria, could be under threat over continuous picketing of its offices across the country by the Nigeria...
In a bid to end the controversies surrounding the non-remittances of the Nigerian National Petroleum Corporation (NNPC), the House of Representatives has ordered an investigation into...
The Nigerian Maritime Administration and Safety Agency (NIMASA) has urged the Central Bank of Nigeria (CBN) to grant intervention fund for the maritime sector for the...
As part of measures to make Abia state investor friendly, the state Governor, Okezie Ikpeazu, on Tuesday announced new tax and leavy waivers for potential investors...
Nigeria’s crude oil and condensate production has dropped to 1.89 million barrels per day (mbpd), indicating over 0.41 mbpd shortfall projected in the 2018 budget, data...
Businesses in Nigeria are now more confident in the Nigerian macro economy in June compared to the preceding month, even as confidence of the services and...
