Members of the Lagos State House of Assembly have impeached Speaker Mudashiru Obasa, accusing him of multiple frauds. The lawmakers...
Crude oil production rose to 1.51 million barrels per day (bpd) in Africa’s largest economy in December 2024, the highest...
Nigeria’s upcoming GDP rebasing is set to reshape the nation’s economic narrative, with emerging sectors such as fintech, digital services,...
Nigeria secured $7.6 billion in investment interests at the just concluded Africa Investment Forum (AIF) held in Rabat, Morocco, in...
First Bank of Nigeria is charting a bold course for its Pan-African growth strategy with Ethiopia and Angola emerging as...
More manufacturers are opting for captive power as the national grid continues to struggle despite billions being spent on it...
The recent surge in global oil prices has triggered concerns over an impending rise in the cost of refined petroleum...
Bureau De Change (BDC) operators in Nigeria are exploring merger options as a strategy to meet the Central Bank of...
The US dollar rose on Monday to a 14-month high against a basket of major currencies during the Asian trading...
NAICOM Lifts Ban on New Licence Issuance After eight years of suspending the issuance of new operating licences to investors to start new life, non-life and...
Nigeria Has Gained Over $5bn Projects from China – Buhari President Muhammadu Buhari said on Tuesday that Nigeria had gained from China the execution of infrastructure...
Nigeria Air’s December Take-off Date Still Feasible — NCAA The Director General, Nigerian Civil Aviation Authority, Capt. Muhtar Usman, has said the proposed national carrier, Nigeria...
Arik Air Plane Aborts Take-off at Benin Airport An Arik Air aircraft operating flight W3 7631 from Benin to Lagos on Tuesday morning aborted take-off at...
Nigeria May Lose $80m World Bank Job Creation Grant There were indications on Tuesday that Nigeria might lose more than $80m in World Bank funding meant...
Equities Recover With N35b Gain Nigerian equities snapped a five-day losing streak yesterday as bargain-hunting in the banking and oil and gas sectors rallied the market...
Private Investments in Mining Hit $3.32b So far, a whopping $3.32 billion in private investments have come into Nigeria mining sector, it was learnt yesterday. The...
UK Construction PMI Expands at Three Month Low Global uncertainty continued to weigh on UK construction sector in August, IHS Markit said on Tuesday. The Construction...
MTN Nigeria to Pay $2 Billion in Back Taxes Following illegal fund repatriation accusation, MTN Nigeria has been asked to pay $2 billion in back taxes...
South African Economy Slips Into Recession in Q2; Rand Falls Africa’s second largest economy South Africa contracted in the second quarter of the year despite series...
