Economy

The Federal Government’s newly rehabilitated rail loop lines linking various oil tank farms at Apapa, Lagos have been overtaken by thick bush,…

The crash in the global price of crude oil has impacted negatively on the performance of the oil and gas sector in…

The profit taking embarked upon by investors persisted on Wednesday with market indices dropping by 0.52 per cent, following price loses. Trading…

The Securities and Exchange Commission (SEC) on Wednesday said it had retired 43 senior members of staff and closed down its four…

The Auditor-General of the Federation, Mr Samuel Ukura, said N183.7 billion could not be accounted for by auditors who conducted a special…

The Badagry Ship Repair and Maritime Engineering Company (BSMEC) on Wednesday said it had invested 1.5 billion dollars (about N300 billion) on…

A Norwegian dried fish supplier is close to bankruptcy after currency controls imposed in Nigeria destroyed its biggest market. Nigerians have a…

The Management of the Nigerian National Petroleum Corporation (NNPC) has appointed four new Group Executive Directors to man the four new directorates…

The Bank of Industry (BoI), on Tuesday in Lagos launched N1billion for the fast-growing fashion industry in the country. Mr Rasheed Olaoluwa,…

President Muhammadu Buhari has said that the prosecution of persons who have stolen national resources will begin in a matter of weeks.…

The market capitalisation of the Nigerian Stock Exchange (NSE) on Tuesday dipped further by N55 billion to close lower at N10.717 trillion…

Some capital market operators on Tuesday called for downward review of the money market interest rate to boost investment at the nation’s…

The Federal Government has directed that Nigerian National Petroleum Corporation (NNPC) and other offices funded from the Federation Account be paid into…

President Muhammed Buhari on Monday asked the Ministry of Finance to explain why foreign loans obtained for various key rail projects by…