Africa and the world cannot afford a failing economy in the continent’s most populous nation. Yet that is exactly what Nigeria might be getting: Its economy is on track to shrink by 1.7 perc... Read more
Nigeria has been ranked number one in Africa and eight in the world in terms of internet usage with about 63 million internet users in the country. This fact was disclosed by digitalfacts: N... Read more
complete violation of existing federal government directives, Bank of Industry (BoI) paid N12.206 million in estacodes to Minister of Industry Trade and Investment, Okechukwu Enelamah and hi... Read more
The Central Bank of Nigeria has dismissed as “false and malicious” stories on the social media insinuating that Heritage Bank is under financial distress and therefore unable to discharge it... Read more
Annual inflation in Nigeria accelerated in October to 18.3 percent from 17.9 percent a month earlier, the National Bureau of Statistics (NBS) said on Monday. A separate index for food rose t... Read more
The Nigerian National Petroleum Corporation on Monday announced the appointment and redeployment of top management staff across board in a major exercise designed to reflect operational real... Read more
Minister of Power, Works and Housing, Mr. Babatunde Fashola, has raised the hopes of electricity consumers in Nigeria with a promise that additional 2000 megawatts of power would be made av... Read more
President-elect Donald Trump was weighing contenders for other top jobs in his administration after choosing Washington insider Reince Priebus as White House chief of staff and firebrand out... Read more
The whereabouts of $175,750,000 deposited in an account linked to former First lady Patience Jonathan is now the subject of investigation by the Economic and Financial Crimes Commission. Ac... Read more
Skye Bank Plc has taken over Obat Oil and Petroleum Limited’s depot over an alleged N2.1billion debt. A Federal High Court presided by Justice Jude Dagat has empowered the bank to do so. The... Read more