Economy

The shortfall in Nigeria’s oil production due to oil theft, is resulting in a loss of crude oil export earnings valued at over $50...

Nigeria's oil minister said on Friday that the country would be able to meet its OPEC production quota by the end of August as...

Nigerians pay one of the lowest prices for petrol in the world, yet there is tumultuous uproar by consumers whenever there are suspicions a...

The Federation Account Allocation Committee (FAAC) has shared a total sum of N680.783 Billion May 2022 Federation Account Revenue to the Federal Government, States...

President Muhammadu Buhari has said though his administration planned to remove fuel subsidy last year, further consultation with stakeholders as well as events which...

The Independent Petroleum Marketers Association of Nigeria (IPMAN) yesterday faulted the Pipelines and Product Marketing Company (PPMC) for the recent scarcity of premium motor...

Nigeria is withholding $450 million in revenue international carriers operating in the country have earned, an executive at the world's largest airlines association IATA...

In an interview on CNN’s One World with Zain Asher, Nigerian businessman and philanthropist Tony Elumelu discussed the road to economic prosperity for Africa...

Nigeria’s inflation rate increased to 17.71 percent on a year-on-year basis in May, 2022, according to figures released by the National Bureau of Statistics...

Nigeria’s Company Income Tax (CIT) take for the first quarter (Q1) of 2022 was reported at N532.48 billion, a growth rate of 53.09% on...