The Transmission Company of Nigeria (TCN) said it had recovered no fewer than 693 containers of power equipment abandoned at ports due to tariff in the...
The Fiscal Responsibility Commission (FRC) said the Federal Government has generated a total of N1.4 trillion through payment of operating surplus in 11 years. It said...
The Central Bank of Nigeria (CBN) said it has commenced the disbursement of low denomination notes to aid easy accessibility of the currency and put an...
The trading of equities on the floor of the Nigerian Stock Exchange (NSE) closed on a positive note on Thursday to reverse Wednesday’s bearish performance on...
World food prices dropped by 3.7 percent in July from the preceding month, even as Nigeria’s food inflation rose for the fifth consecutive month in June....
WhatsApp said it will soon begin to charge business users for sending marketing and customer service messages. This would be its first move at charging users...
Following the N456 billion loss recorded in the month of July in the stock market, the local burse on Wednesday launched the new month of August...
Jigawa State Government said it would soon begin to export goats from its goats multiplication farming programme. It said it would consider Kuwait and other Asian...
The Nigerian Communications Commission (NCC) said the number of internet users in the country dropped in June by three hundred and forty seven thousand, six hundred...
The controversy surrounding the power sector in the country on Tuesday took a new dimension as investors in the electricity Distribution Companies (DisCos) threatened to quit...
The Emir of Kano, Muhammadu Sanusi II, has berated Nigeria and South Africa over the delay in signing the African Continental Free Trade Agreement (AfCFTA). The...
The manufacturing sector Purchasing Managers’ Index (PMI) stood at 56.8 index points in the month of July, indicating a sluggish expansion in the sector for the...
The Development Bank of Nigeria (DBN) on Tuesday said it was partnering with LAPO Microfinance Bank to support 10,000 businesses in the Micro, Small and Medium...
The Speaker of the House of Representatives, Yakubu Dogara, has decried the frequent increase in electricity tariff without significant improvement in power supply in the country....
As corporate firms listed on the Nigerian Stock Exchange (NSE) continued to chunk out their corporate results for the first half of 2018 (H1:18), investors sentiment...
The Central Bank of Nigeria (CBN) said its newly updated Foreign Exchange Manual for authorized dealer banks and other stakeholders in the foreign exchange market would...
The Central Bank of Nigeria (CBN) has warned the public to desist from all forms of abuse of the Naira, or risk jail term. According to...
In a bid to put an end to the lingering controversy surrounding the non-remittances of accurate revenue figures by the Nigerian National Petroleum Corporation (NNPC) to...
The Department of Petroleum Resources (DPR) said the Federal Government made N748 billion from taxes and royalties paid by oil and gas companies operating in the...
The total number of power consumers with prepaid meters by electricity Distribution Companies (DisCos) in the country rose by 6.23 percent in the first quarter of...
The effect of data privacy controversy on Facebook seems not to have ceased as the Chief Executive Officer of the company, Mark Zuckerberg, on Thursday recorded...
The stock market on Thursday rebounded on bargain hunting in bellwether stocks after two consecutive trading sessions which caused investors to lose N126 billion. Specifically, the...
Indian business giant Mahindra is a well-known name in Nigeria. From the last decade, the company is investing heavily in the technology development of Nigeria on...
The National Bureau of Statistics has said unemployment is the major problem confronting the nation and not corruption as speculated. The bureau stated that Nigerians believe...
The Debt Management Office (DMO) said the government would not be able to borrow more than $6.25 billion (N1.91 trillion) in the 2018 fiscal year, even...
The Manufacturers Association of Nigeria, MAN, and the Organised Private Sector has come out to express their dissatisfaction at some ‘non-real sector’ operators who are canvassing...
The Electricity Distribution Companies in the country said the problem of epileptic power supply in the country may not end in the next five years if...
In a bid to mitigate the effect of the tight monetary policy stance which has slowed down outflow of funds to the real sector of Nigeria’s...
The Federal Government has announced the postponement of the planned three-day closure of the Third Mainland Bridge for Investigative Maintenance Test to August 24 – August...
The House of Representatives’ investigation into incentives/waivers granted to multi-national corporations is aimed at ensuring that Nigeria is not short-changed from benefits derivable from foreign direct...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday retained the key lending rate at record-high of 14 percent for the...
The Federal Government has signed a Memorandum of Understanding (MoU) with the Nigerien Government on the establishment of a modular refinery to be sited in Katsina...
The Association of Foreign Airlines and Representatives on Monday called on the Federal Government to engage stakeholders in the aviation sector including the domestic airline operators...
The Nigeria National Petroleum Corporation (NNPC) failed to remit a total of about One hundred and ninety-eight billion naira in 2016 to the Federation Account, bringing...
Nigeria’s inflation rate has dropped in June for the 17th consecutive time, even as it recorded the lowest drop in five months indicating the economic indicator...
It is no longer news that the Nigerian government has unveiled the new national carrier, Nigeria Air, about fifteen years after the defunct Nigeria Airways wounded-up...
The Minister of Power, Works and Housing, Babatunde Fashola, has hit back heavily on the Association of Electricity Distributors (ANED), describing it as an interloper. The...
Nigerian workers have been subjected to hard times and difficulty in meeting basic family needs for most parts of the month as for about four times,...
Workers in the Federal and States’ civil service can now heave a sigh of relief as the Federation Accounts Allocation Committee (FAAC) finally shared N668.89 billion...
The Central Bank of Nigeria (CBN) on Friday sold Chinese Yuan for the first time through an auction-based system designed for Chinese Yuan foreign exchange window...
Group Chief Executive Officer of Dangote Cement, Joe Makoju has revealed that the company has invested a whopping $3 billon to build manufacturing plants and import/grinding...
The Federal Government of Nigeria Friday issued its pioneer Sovereign Green Bond worth N10.69 billion. This makes the country the first African nation to issue a...
The new national carrier, Nigeria Air, plans to start flight operations in December with a fleet of 15 leased aircraft, according to a report by Bloomberg....
The Federal Government has selected about 81 routes for the commencement of flight operations for the newly unveiled national carrier, Nigeria Air, Minister of State for...
The Securities and Exchange Commission (SEC) said it was ready to lead the entire capital market industry in an effort to migrate all shareholders to an...
The Federal government on Wednesday in London unveiled the new national carrier to be known as Nigeria Air. Fifteen years after the old Nigeria Airways stopped...
The Speaker of the House of Representatives, Yakubu Dogara, Tuesday said Nigeria has no viable steel sector but keeps utilising millions in tonnes of steel to...
The 11 Electricity Distribution Companies (DisCos) in Nigeria on Tuesday said the claims by the Minister of Power, Works and Housing, Babatunde Fashola, on the status...
The stock market on Tuesday extended its Monday’s bearish performance as the key performance indicator of the Nigerian Stock Exchange (NSE), the All Share Index (ASI)...
The International Monetary Fund (IMF) has raised its growth projection for the Sub-Saharan Africa’s economy to 3.8 percent in 2019 from 2.8 percent in 2017, implying...