Kashim Shettima, the vice president, has commended ExxonMobil’s proposed $10bn investment in Nigeria’s deep-water oil operations. The former Borno State governor described it as a...
Nigeria’s Federal Government has dismissed report that a District Court in the United States ordered the seizure of $ 21 million from Nigeria’s account with JP...
The Academic Staff Union of Universities (ASUU), has given the Federal Government a 14-day ultimatum to resolve several lingering issues or face strike action. The academic...
Flour Mills of Nigeria (FMN) Plc says its majority investor, Excelsior Shipping Company, has received the approval of the Security and Exchange Commission (SEC) to buy...
Nigeria’s president, Bola Tinubu, has pleaded with world leaders to prioritise debt forgiveness for Nigeria and other developing countries from creditors and multilateral financial institutions. Tinubu...
Figures from the National Bureau of Statistics (NBS) indicate that the average fare paid by air passengers for specified routes on a single journey rose sharply...
Nigeria’s unemployment rate increased by 1.2 percentage points to 5.3 percent year-on-year, according to figures from the National Bureau of Statistics (NBS). “The unemployment rate...
Nigeria’s federal government has approved the upward review of the consolidated public service salary structure (CONPSS). Chairman of the National Salaries, Incomes and Wages Commission (NSIWC),...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday, raised the monetary policy rate (MPR), which benchmarks interest rates, from 26.75...