Nigeria will face only a short recession if Africa’s biggest economy contracts again in the second quarter as the removal of fuel subsidies and policies to lower dependency on oil will... Read more
Eko Atlantic City, a unique has reached advanced stagesin the first 5 million sq. metres of the project. The city, an innovative development, in a vibrant environment with 21st Century faci... Read more
The Federal Government has denied it is probing probing of oil swaps and crude oil lifting deals entered into by the Nigeria National Petroleum Corporation under the tenure of the Dr. Ibe K... Read more
Nigeria’s Consumer Price Index which measures inflation inflation rate has risen from 15.6 per cent to 16.5 per cent in June, according to figures released by the National Bureau of... Read more
ExxonMobil subsidiary Mobil Producing Nigeria has declared force majeure on exports of Nigeria’s Qua Iboe crude oil, the country’s largest export stream, a spokesman said on Frid... Read more
The Presidential Initiative on Continuous Audit has found discrepancies in the payroll of the Federal Government’s Ministries, Agencies and Departments to the tune of N5.7 billion monthly. T... Read more
Bloomberg, the very authoritative new source, has reported that President Muhammadu Buhari’s government lacks ideas on how to reverse Nigeria’s economic conundrum and warned that the countr... Read more
Antonio Conte says he hopes Chelsea under his stewardship will light up the Premier League title race this season. The 46-year-old — who guided Italy to the quarter-finals of Euro 2016... Read more
Guaranty Trust Bank remains one of the top two rated Banks in Nigeria as shown by the recently released Rating Report by Fitch, a global rating agency. Fitch revised the Outlook on the Bank’... Read more
In the face of the debilitating economic environment in the country, United Bank for Africa Plc has maintain strong financials to retain a ‘B’ rating by Fitch Internationa... Read more