Nova Commercial Bank has petitioned the Federal High Court in Lagos to grant an order winding up Sunrise Products Limited...
The Nigerian Communications Commission (NCC) is set to publicly name 18 banks that owe a combined debt of ₦200 billion...
Chinese oil companies and private refiners have started increasing crude oil purchases from the Middle East, Africa and the Americas...
Chinese officials consider Elon Musk a potential buyer for TikTok’s US operations if the company fails to fend off the...
The Dollar to Naira exchange rate remains a critical indicator of Nigeria’s economic landscape, reflecting persistent challenges in the country’s...
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...
Nigeria’s Oil Production Surges on Bonga Reopening Crude oil production is gradually increasing following the reopening of Bonga crude pipeline that was shut down briefly in...
Osun Targets N5bn Monthly IGR The Osun State Government says it has set a target of N5bn monthly Internally Generated Revenue in its quest to provide...
The proposed rail line from Kano in Nigeria to Maradi in Niger Republic is going to cover a track length of 248 kilometres and will pass...
Naira Records Marginal Gain as CBN Sells $210m The naira recorded a marginal gain at the parallel market on Monday, closing at 363 per United States...
FG to Provide Insurance Cover for 3.8 Million Farmers The Federal Government is planning to increase insurance coverage for the agricultural sector from the current 500,000...
Buhari Signs Executive Order to Promote Nigerian Expertise President Muhammadu Buhari on Monday in Abuja signed Executive Order 5 to improve local content in public procurement...
152 Million Nigerians Live on Less Than $2/day –AfDB About 152 million Nigerians live on less than $2 a day, representing about 80 per cent of...
Court Orders Firm to Forfeit £578,080 to FG The Federal High Court in Lagos on Monday ordered a firm, ZAL Marine Limited, to forfeit the sum...
Bank Customers Spend N1.7bn on Airtime in 2017 – FirstBank Despite FirstBank accounting for just 37 percent of the total bill payment transactions on ATMs across...
Nigeria, China Trade Hit $2.7bn in 2017 – ACCI The President of the Abuja Chamber of Commerce and Industry, Adetokunbo Kayode, on Monday put the value...
