Saudi Arabia and Russia are discussing raising OPEC and non-OPEC oil production by some 1 million barrels a day, sources said, while OPEC’s chief said a complaint from U.S. President D... Read more
TWO modular refineries in the Niger Delta will commence operations in the next one year, the Federal Government announced on Wednesday. It also stated that a directive was issued recently fo... Read more
With questions mounting about the health of China’s banking system, one figure in the spotlight is the adequacy of China’s foreign currency reserves. Since the government owns ne... Read more
Nigeria’s Gross Domestic Product (GDP) growth rate declined by 0.16 per cent points to 1.95 per cent points (year-on-year) in real terms in the first quarter of 2018, from 2.11 per cent poi... Read more
China has funneled billions of dollars into aid, loans and business deals on the African continent in recent years. But as ties continue to strengthen, a former Nigerian finance minister has... Read more
Nigeria’s economic growth slowed in the first quarter even oil prices and production increased. Gross domestic product expanded 1.95 percent in the three months through March from a year ear... Read more
The Central Bank of Nigeria (CBN) has blamed commercial banks for sabotaging its efforts in replacing mutilated notes with new ones in the country. Mr Isaac Okorafor, Acting Director, Commun... Read more
Dr. Isa Ibrahim Pantami, director-general, National Information Technology Development Agency, (NITDA) has accused various government ministries, departments and agencies (MDAs) of manipulat... Read more
The chairman of the board of directors, Babatunde Kasali informed shareholders that the bank grew it gross earnings from N54.36billion in 2016 to N65.27billion in 2017. Speaking at the mee... Read more
An air hostess from a British airline has lifted the lid on the mile-high bonks, romps with pilots and celebrity affairs that go on among the glamorous crew. The stewardess, who wishes to re... Read more