Economy

The Economic and Financial Crimes Commission (EFCC) has summoned Dangote Group officials to Abuja for detailed documents on forex transactions spanning nine years. EFCC operatives...

Operatives of the Economic and Financial Crimes Commission have besieged the Head office of the Dangote Group of Companies in Lagos State. Our correspondent gathered...

Nigerian lawmakers approved a request from President Bola Tinubu to convert 7.5 trillion naira ($8.2 billion) in overdrafts from the central bank to longer-dated bonds that...

The Central Bank of Nigeria (CBN) has lifted the restriction on banks from facilitating crypto transactions. The CBN has also released guidelines for banks and...

In the spirit of the 2023 Yuletide season, the President Bola Tinubu administration on Wednesday rolled out programmes aimed at reducing the effect of...

…begins with 40,000bpd output Nigeria's 60,000 barrels per day (bpd)old Port Harcourt Refinery has commenced production after the mechanical completion of its long running turn...

The Federation Account Allocation Committee (FAAC) has shared N1.088.783 trillion November revenue to the Federal Government, States and Local Government Councils (LGCs). This is according to...

Nigeria's inflation surged by 28.20 per cent in November from 27.33 per cent in October, underscoring a worsening cost of living crisis in the...

S&P Global Ratings declared that Ethiopia made a selective default after the government missed a coupon payment Monday and announced it wouldn’t pay it...

Global oil demand growth is materially slowing down this quarter compared to the third quarter, the International Energy Agency (IEA) said on Thursday, but at...