Nigeria’s Gross Domestic Product (GDP) grew by 3.40 per cent in 2021, the highest since 2014, when the economy grew by 6.22 per cent, the National Bureau of Statistics (NBS)

The Airline Operators of Nigeria (AON) has expressed dismay over the threat by the Chairman of Senate Committee on Aviation, Senator Smart Adeyemi that foreign airlines might be invited to

Group Managing Director and Chief Executive Officer of Nigerian National Petroleum Company (NNPC) Limited, Mr. Mele Kyari, on Wednesday apologised to Nigerians for damages caused by the importation of substandard

Flutterwave, a leading technology company, announced on Tuesday that it has raised $250 million in Series D funding, valuing the company at over $3 billion as the brand continues to

British consumer pricesrose at the fastest annual pace in nearly 30 years last month, intensifying the squeeze on households and reinforcing the chances that the Bank of England will raise

A combination of huge oil pipeline repairs cost and a high-level crude oil theft are bleeding the Nigerian economy, with losses amounting to at least $29 billion in the last

The nine months investigation into alleged financial improprieties at the Nigerian Ports Authority (NPA), came to a close on Tuesday with a win-win verdict handed to all the parties involved.

The Chief Executive Officer of Financial Derivatives Company Limited (FDC), Mr. Bismarck Rewane, has advised Nigerians not to entertain the illusion that the Dangote Refinery would guarantee them cheaper supply

The Nigerian National Petroleum Company Ltd (NNPC) has withdrawn all the methanol blended petrol which was imported into the country about three weeks ago. The NNPC also stated that cargoes

The European Union (EU) has announced that it would invest €150 billion in Africa over a seven-year period in furtherance of the EU-Africa Digilogic, which is a sustainable network of

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has predicted 10 per cent increase in credit to the agricultural sector over the next two years. He

The Federal Airports Authority of Nigeria (FAAN) said it remitted N16.7 billion to the Federation Account last year. The agency also revealed that in order to reduce congestion at the

Following the circulation of adulterated petrol in Nigeria, which damaged vehicle engines last week, the federal government has turned back two tankers carrying petrol loaded in Antwerp, Belgium, and destined

Although it undershot the 1.701 million bpd Organisation of Petroleum Exporting Countries (OPEC) output cut in January 2022, Nigeria was able to ramp up production to the tune of 202,000

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on Thursday announced a new programme to stimulate the country’s non-oil exports and achieve $200 billion repatriation of

The African Continental Free Trade Area (AfCFTA) Secretariat and the African Export-Import Bank (Afreximbank), on Wednesday in Cairo, signed an agreement on the management of the AfCFTA Adjustment Fund (ADF)

The Nigerian National Company Limited (NNPC) on Wednesday stated that its investigation has revealed the presence of Methanol in four petrol cargoes imported by MRS, Emadeb/Hyde/AY Maikifi/Brittania-U Consortium, Oando and

Following the supply of a wrong specification of petrol in some parts of the country, and its subsequent removal in compliance with a government order, long queues have once more

Fitch Solutions, an affiliate of global rating agency, Fitch, has predicted that Nigeria’s weak performance in the oil and gas sector may continue to slow down the country’s economy in

Credit Suisse will face charges in a Swiss court on Monday of allowing an alleged Bulgarian cocaine trafficking gang to launder millions of euros, some of it stuffed into suitcases.