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...
FG Begins Empowerment Loan for 30,000 Traders in Osun The Federal Government has launched the Trader Moni empowerment programme for 30,000 petty traders in Osun State....
Buhari Seeks China’s Help to Develop West African Economies President Muhammadu Buhari on Monday requested the Chinese government to help the West African states in the...
Chinese Firm to Secure $2.38bn for Ajaokuta-Kano Pipeline project China National Petroleum Corporation says that it will secure the financing required for the execution of the...
Nigeria’s External Debt Rises by $11.77bn in Three Years Nigeria’s external debt commitment rose by $11.77bn in the last three years, investigation has shown. According to...
Forex Irregularities Scare Marketers Off Kerosene Importation Oil marketers in Nigeria are still reluctant to resume the importation of Dual Purpose Kerosene (DPK), after abandoning the...
No Strings Attached to Africa Investments, Says China’s Xi President Xi Jinping told African counterparts and business leaders Monday that China’s investments on the continent have...
How MTN, Four Banks Perpetrated $8.13 Illegal Deal, by CBN The Central Bank of Nigeria (CBN), yesterday, gave details of how MTN Nigeria Limited and four...
Buhari Declines Assent to Reviewed Electoral Amendment Bill President Muhammadu Buhari has declined assent to the Electoral Act(Amendment) Bill, 2018, transmitted to him by the National...
UK Manufacturing PMI Slows to 25-Month Low in August UK’s manufacturing activity grew at the slowest pace in more than two years during the month of August....
Oil Prices Higher as U.S. Sanctions Limit Iran Exports Oil prices rose on Monday, supported by concerns that falling Iranian output will tighten markets once U.S....
