Since May 29, 2015 when President Muhammadu Buhari assumed office, Nigeria has been facing multiples ills from comatose economy, unending scarcity of fuel and its attendant...
First bank profit took a hit as forex scarcity and global slowdown continue to wipe-off banks’ profits. The earnings report released on Tuesday showed the bank’s...
South African based Pick n Pay Stores Ltd. announced plans to enter Nigeria after posting a 26 percent increase in full-year profit. The company said it...
The exploration of bitumen in Ondo State will kick off immediately with 10,000 barrels per day, even as the state government has signed a Joint Operating...
Oil rose the most in eight weeks as U.S. production continued to slide ahead of producers meeting to discuss production cut. Crude slid to the lowest...
In an effort to contain the scarcity of foreign exchange that is affecting the real sector of the economy, the Central Bank of Nigeria (CBN) has...
President Muhammadu Buhari is expected to sign a loan deal with China during his visit next week as Federal Government seeks funds to bridge the N2.2tn...
Emerging markets gained two days of losses after oil surged. A Bloomberg gauge of developing-nation stocks shows seven of ten industry groups rebounded from a three-week...
Since 1999 when we returned to democratic rule, the so-called youths have not only been relegated to the backseat in the scheme of things, but are...
Nigeria saw its share of China’s crude oil imports shrink by 7.5 per cent last year as the world’s largest energy consumer reduced its import of...