For allegedly repatriating $12bn dollar to its parent company in South Africa over a 10-year period, the Senate on Thursday ordered the investigation of MTN Nigeria....
Until a few years ago, Africa Rising was a dominant theme in conversations about the global economy. That enthusiasm has since cooled, so that in newsrooms,...
With the approval of the mining sector roadmap by the Federal Executive Council (FEC) and discovery of mineral resources in various parts of the country, the...
The President Abuja Chamber of Commerce and Industry, Tony Ejinkeonye has disagreed with the Federal Government’s promise to end recession by December this year. Ejinkeonye who...
A Federal High Court in Lagos will on September 30, 2016 hear the suit filed by the federal government against Nigerian subsidiaries of United States multinational...
Guinness Nigeria said on Wednesday that its parent company, Diageo had given it a $95million term loan to support its dollar needs through foreign currency shortages...
The management of the National Economic Reconstruction Fund on Wednesday said it would engage the services of the Economic and Financial Crimes Commission in the recovery...
The naira tumbled against the United States dollar to 428 on Wednesday, down from 424 on Tuesday, as persistent dollar shortage continues to weigh on the...
The country’s external reserves have depleted further to a record-low of $24.8bn, according to the latest data posted on the Central Bank of Nigeria’s website. The...
The plan by the Federal Government to inject billions of naira in stimulus packages into the economy has been described as a step in the right...