Nigeria may lose the patronage of foreign airlines as it becomes the worst indebted country to foreign airlines globally. The raging controversy over funds trapped in...
The Transmission Company of Nigeria (TCN) has urged electricity workers to suspend their proposed indefinite strike action. Dr Sule Abdulaziz, the Managing Director, TCN...
Oil prices fell on Tuesday as weak economic data from China, a top crude importer, renewed fears of a global recession. Brent crude futures fell 1.6...
The price of household cooking gas known as Liquefied Petroleum Gas (LPG) rose by over 100 per cent year-on-year, the latest report from the Nigeria Bureau...
The Central Bank of Nigeria (CBN) has ordered banks in Nigeria to pay savings deposit accounts an interest rate of at least 4.2%, an increase from...
Following weeks of occasionally encouraging, sometimes confusing economic indices and company profits, investors are still in a wait-and-see mentality, as 66,918 traders were liquidated for...
Naira recorded a marginal appreciation on Tuesday morning, trading at a minimum of N676.38/$1 compared to N678.98/$1 recorded on Monday. At the official window, the...
Nigeria has commenced packaging hibiscus for export to the international market. The Nigerian Export Promotion Council (NEPC) disclosed that it will partner with the Nigeria Agricultural Quarantine...
Within two weeks, Nigeria’s foreign reserves shed $337 million, dropping from $39.219 billion it closed July with, to $38.882 billion on Thursday August 11, according...
The President of the Academic Staff Union of Universities (ASUU), Prof. Emmanuel Osodeke, said on Monday the varsity teachers are ready to return to classrooms if...