The World Bank has revised its growth forecast for Sub-Saharan Africa (SSA) from -5.1 per cent to 3.4 per cent growth for 2021. The Washington-based institution, in its latest Africa’s

[bc_video video_id=”6245698577001″ account_id=”6116119081001″ player_id=”default” embed=”in-page” padding_top=”56%” autoplay=”” min_width=”0px” playsinline=”” picture_in_picture=”” max_width=”640px” mute=”” width=”100%” height=”100%” ] Nigeria will be very successful if the country’s resources are invested in education and healthcare,

Nigerian fashion brand Lagos Space Programme has qualified for the semi-final of the prestigious LVMH Prize. The Lagos-based genderless brand, designed by Adeju Thompson, is among 20 semi-finalists from around

The Asset Management Corporation of Nigeria (AMCON) has said that in order to recover its huge debts from Arik Air, it injected over N375 billion in the airline and established

Saudi Arabia is prepared to support extending oil cuts by OPEC and allies into May and June and is also ready to extend its own voluntary cuts to boost oil

Nike is suing Brooklyn art collective MSCHF over a controversial pair of “Satan Shoes” that contain a drop of real human blood in the soles. The $1,018 (£740) trainers, which

Seplat Petroleum Development Company Plc (Seplat), a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has priced its offering

A former Nigerian Vice President, Atiku Abubakar, has called on the federal government to sell off the country’s petroleum company and its refineries, saying the country is better off privatising

Facebook said on Monday it planned two new undersea cables to connect Singapore, Indonesia and North America in a project with Google and regional telecommunication companies to boost internet connection

The Nigerian National Petroleum Corporation (NNPC) has so far paid a total of $3.118 billion cash-call debts owed the five major international oil companies (IOCs), leaving an outstanding debt of

With the drastic shift from agrarian, industrial and information ages, the future is now tied to providing knowledge-based solutions to practical problems in education, medicine, commerce and industry, environment and

The Auditor-General of the Federation (AuGF), Adolphus Aghughu has warned the country’s head of Ministries, Departments and Agencies (MDAs) against late or non-submission of annual financial reports, saying grave sanctions

The Nigerian National Petroleum Corporation (NNPC) has said it would maintain its current ex-depot price of petrol until the conclusion of an ongoing engagement with the organised labour and other

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on Thursday restated the bank’s commitment to improve local production of wheat and reduce importation by 60 per

The stranded Ever Given mega-container ship in the Suez Canal is holding up an estimated $9.6bn (£7bn) of goods each day, according to shipping data. This works out at $400m

President Muhammadu Buhari has re-appointed Alex Okoh as the Director-General of Nigeria’s Bureau of Public Enterprises for a second four-year term. The Senior Special Assistant to the Vice President on