
Adebayo Obajemu The new legal status of the national oil giant, Nigeria National Petroleum Corporation Limited, NNPC Ltd, from a wholly government owned company to a...

The federal government ordered mega transformers under the Presidential Power Initiative (PPI) have successfully undergone factory acceptance test at Siemens’ transformers factory in Trento Italy. First...

The Central Bank of Nigeria (CBN) has assured that it would continue to make deliberate efforts in the foreign exchange sector to avert further downward slide...

Stakeholders in the Telecom sector, including the Association of Licensed Telecoms Operators of Nigeria, ALTON, Association of Telecommunications Companies of Nigeria, ATCON, and National Association of...

The Central Bank of Nigeria (CBN) has said non-remittance of dollars to foreign reserves by the Nigeria National Petroleum Corporation (NNPC) is responsible for naira’s free...

Zainab Ahmed, Nigeria’s minister of finance, budget and national planning, has argued that the country’s economy is performing better now under President Muhammadu Buhari than was...

The Senate said on Wednesday that it would summon Mr. Godwin Emefiele, governor of the Central Bank of Nigeria, over inflation and naira devaluation which it...

Adebayo Obajemu The International Monetary Fund (IMF) has predicted the imminence of a global recession that could be driven by rising inflation across nations. According to...
Nigeria’s Excess Crude Account (ECA) balance has reduced significantly from the $35.7 million as of June 2022 to $376,655.09 as at July 25, 2022. The ECA...