Efforts to decongest Apapa Ports and attract larger vessels to Nigeria received a major boost on Friday as the first ship docked at Lekki Deep Sea Port in Lagos. Managing

The World Bank through its Adolescent Girls Initiative for Learning and Empowerment (AGILE) project has concluded plans to give scholarships to 152,000 school girls in Katsina State to enhance enrolment,

Following improved corporate earnings by companies, low yield in fixed income market, among other factors, the stock market segment of the Nigerian Exchange Group (NGX) added N5.64 trillion in the

The Organisation of Petroleum Exporting Countries (OPEC) will in August decide whether to continue its current measured oil supply to the global market or set a new quota for its

The Central Bank of Nigeria (CBN) on Thursday said a total of 1,232,326 loans valued at N130.90 billion had been guaranteed to farmers under its Agricultural Credit Guarantee Scheme Fund

A Fitch Ratings report on Thursday stated that Nigeria’s rising inflation was dampening the country’s economic growth and eroding consumer purchasing power. According to the ratings agency, persistently high inflation

The perennial petrol queues in and around Abuja may further deteriorate from this week as members of the Independent Petroleum Marketers of Nigeria (IPMAN) in the Suleja axis on Wednesday

The World Bank has named Nigeria as one of the seven countries that contribute to half of the global population that is unbanked which was pegged at 1.7 billion people.

The Central Bank of Nigeria (CBN) on Wednesday released the Risk-Based Cybersecurity Framework and Guidelines for Other Financial Institutions (OFIs), following the recent increase in the number and sophistication of

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Tuesday finally closed out the 2020 marginal oilfields bid round two years after the process commenced. With the issuance of the Petroleum

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, Monday said the objectives of the country’s exchange rate policy were to preserve the value of the domestic

The inability of the Nigerian National Petroleum Company Limited (NNPC) to carry out its statutory obligations to the federation continued for the fifth month in May, with the firm now

After a long wait, Nigeria’s federal government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), on Saturday said that it was set to issue Petroleum Prospecting Licences (PPL) to successful

President Muhammadu Buhari has declared that the huge investments made in the country by Nigerians in Diaspora would help in no small measure in the survival of the nation’s economy.

As the ongoing petrol scarcity in Nigeria bites harder, a factional national leadership of the Independent Petroleum Marketers Association of Nigeria, (IPMAN) has urged the Nigerian National Petroleum Company (NNPC)

The electricity Generation Companies (Gencos) in Nigeria Thursday compared the federal government’s handling of the power sector to the case of “flogging a dead horse.” Coming under the Association of

The Innovate UK KTN, Global Alliance Africa Project, a United Kingdom-funded knowledge-based programme set up to provide solutions to Africa’s energy challenge, on Thursday said it had so far spent

Nigeria’s House of Representatives has queried the $49 million contract awarded to Technimont to undertake integrity test for refineries across the country. Chairman of the ad hoc committee investigating the

Nigeria’s federal government on Thursday inaugurated a 10-man expert team to work on a report preceding the reactivation of over 3,000 shut-in oil strings which have contributed to the country’s

Nigeria President Muhammadu Buhari, on Tuesday, defended the policies being implemented by Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, saying rather than follow textbook solutions developed