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...
Nigeria Set to Host Digital Agriculture Platform Nigeria is set to host its first digital agriculture platform, Farmcrowdy.com, where people can participate in agriculture using technology....
China to Commit $1bn for Nigeria’s SEP Mr Okechukwu Enelamah, Minister of Industry, Trade and Investment, said that China Exim Bank had promised to commit one...
Firm Sues John Holt Over N60m Debt A firm, Harmony Trust and Investment Company Ltd, has sued John Holt Plc before a Lagos State High Court,...
German-Nigerian Consortium to Invest $600m in Power Sector The German firm, LTI RE Energy and consortium of renewable firms NIGUS, plan to invest as much as...
Forte Oil Plc Raises N9bn 5-year Fixed Rate Bond Forte Oil Plc, an integrated energy service provider, has successfully raised N9billion bond under its N50billion bond...
Nigeria’s Bond Sale Falls Far Short, Investors Demand Higher Yields Nigeria sold far fewer bonds than it offered on Wednesday, as investors demanded higher yields from...
NBS: N1.23tn Worth of Petroleum Products Imported in 5 Months The National Bureau of Statistics (NBS) has valued the cost of imported petroleum products between May...
FG Saves $1.7bn on Cash Call Payment to IOCs The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, on Thursday said a solution put in...
Poultry Farmers Battle High Cost of Feed, Others The prices of eggs and chickens may rise soon as poultry farmers continue to battle high increase in...
Brexit: ‘UK, Nigeria’s Trade Ties Won’t Change’ The British High Commissioner to Nigeria, Paul Arkwright, has given an assurance that the exit of his country from...
