Economy

The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed yesterday sounded the alarm bells as she revealed that a total of N6.72...

The Nigerian Civil Aviation Authority (NCAA) has suspended Dana Airlines’ Air Transport Licence (ATL) and Air Operator Certificate (AOC) indefinitely, with effect from midnight...

The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) from 13 percent to 14 per cent. The latest development was disclosed...

The Nigeria Government borrowing from its Central Bank hit a record high of N19.6 trillion as at May 2022. As of the end of 2021,...

Nigeria and emerging market countries are impervious to a U.S recession that many analysts see as inevitable given red-hot inflation, rising interest rate, sell-off...

Eko Electrical Distribution Company (Disco) and Ikeja Disco are the most profitable and viable power firms in Nigeria, in an industry where the majority...

President Muhammadu Buhari on Thursday, joined African leaders in Dakar, Senegal, to launch $93 billion package geared towards a “robust and resilient economy for Africa.” The...

Global oil prices could reach a “stratospheric” $380 a barrel if Russia retaliates to U.S. and Western sanctions with cuts in crude oil, JPMorgan...

Steps towards commencing full commercial operations at the nation’s first Deep Seaport at Lekki received a major boost on Friday with the arrival of...

The National Council on Privatisation, NCP, has approved the board composition and proposed governance framework for the sustainable management and payment of post-privatisation liabilities...