Former Minister of Education and vice-president of World Bank, Mrs Oby Ezekwesili, has faulted the claim by the former Minister/Deputy Chairman of the National Planning Commission (NPC), A... Read more
The naira, which rose to 180 against the dollar shortly after the inauguration of President Muhammadu Buhari about a month ago, has fallen to 222 at the parallel market due to a huge demand... Read more
Nigeria’s central bank outlined concerns at a meeting with bankers last week that removing naira trading curbs may cause the currency of Africa’s biggest oil producer to tumble, a person who... Read more
* Nigerian states $3.3 billion in debt * President vows to recover stolen billions * Promises statement on economy within four weeks Nigeria’s president vowed on Tuesday to recover bil... Read more
President Muhammadu Buhari said has been assured by the United States and other countries of their support for his quest for the recovery and repatriation of funds stolen from Nigeria. Buhar... Read more
The US Navy is less than a year away from adding the most expensive warship in history to its fleet, the $13 billion USS Gerald Ford. The USS Ford, the lead ship of the new Ford-class aircra... Read more
President Muhammadu Buhari said on Monday that he inherited an economy riddled with debts and the treasury “virtually empty”. Buhari described the state of the economy as he in... Read more
A Lagos High Court has dismissed the N25.7billion fraud charge preferred against the former Managing Director of Bank PHB, Mr. Francis Atuche, and others. The court presided by Justice Lat... Read more
Nigeria’s first indigenous automobile manufacturer, Innoson Motors Nigeria Limited, has slammed a N30 billion suit against Guarantee Trust Bank, GTB, as a result of damages the compan... Read more
Nigeria Liquefied Natural Gas Company (NLNG) is sponsoring the construction of the first major ship yard in Africa’s biggest economy at the cost of $1.5 billion, in its attempt to turn... Read more