
In 13 months, three refineries in Nigeria cost the country ₦148 billion in expenses, but produced less than 40,000 metric tonnes of crude oil, a June...
The naira has sustained its massive gains against the dollar at the parallel market, exchanging for N440/$ on Tuesday, the largest single-day gain since March 2020...

OBINNA EZUGWU Lagos based Pan-African rating agency, Agusto & Co, has disclosed that Nigeria has an estimated $7 billion of unmet dollar demand – with the...

BY EMEKA EJERE The last has not been heard about the frosty relationship between Imo State pensioners and Governor Hope Uzodinma, as the pensioners have accused...

BY EMEKA EJERE Nigeria-born Akinwumi Adesina has been sworn-in for a second term of another five years as the newly re-elected eight president of the African...
The Nigerian Electricity Regulatory Commission has approved an increase in electricity tariff with effect from today, September 1, 2020. NERC document released on Tuesday showed that...
The value of financial transactions carried out via mobile transactions amounted to N1.4 trillion from January to July 2020 as more Nigerians had to use the...

OBINNA EZUGWU Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has ordered all Deposit Money Banks to review interest rates on savings accounts to a...

The tax revenue accruing to the Federal Government from Production Sharing Contracts with international oil companies operating in the country fell by $45.72m (N16.46bn) in May....