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...
Lagos Airport in Final Stage of ICAO Certification The Director-General, Nigerian Civil Aviation Authority, Capt. Muhtar Usman, has said that the Murtala Muhammed International Airport has...
CBN Dollar Flow, Foreign Investors to Support Naira The naira is forecast to trade in a narrow range in the coming days, and is expected to...
High Expectations Remain as Cash Crop Production Rises While the nation has seen an increase in the production of cash crops, stakeholders have highlighted the need...
FG Begins Consultations With States, NASS The Federal Government has commenced discussions with state governments and members of the National Assembly on the framework for the...
FG May Sell Warri, Kaduna Refineries There are indications that the Federal Government will sell two of its three crude oil refineries that are found to...
Lagos to Produce 2.6m Bags of Rice Per Year Governor Akinwunmi Ambode of Lagos State yesterday in Zurich, Switzerland, led a team of the State Executive...
Foreign Investments Rose by 45% Last Year — Report Foreign Direct Investment to Nigeria rose to N4.4bn in 2016 despite the contraction of the economy and...
OPEC Cut, Resumed Militancy Pose Danger to Nigeria’s Oil Output Nigeria faces two serious developments likely to impact its oil production in the coming months, writes...
CBN Sells $462m to Boost Forex Market In an effort to further boost business activities, the Central Bank of Nigeria on Friday sold another $462,336,426.74 to...
Expert to Train Youths in Coal Extraction in Enugu A petroleum industry expert, Dr Livinus Nosike, has called for more involvement of youths in the sector....
