Economy

Royal Dutch Shell expects to lift a force majeure on two grades of Nigerian crude oil by the end of November, a…

Nigeria is concerned that oil and gas prices could fall as more countries uncover reserves and sees the need to make plans…

Full Text of Nuhu Ribadu’s Oil Subsidy Report INTRODUCTION Report of the Petroleum Revenue Special Task Force We have pleasure in reporting…

The International Monetary Fund (IMF) says the Federal Government needs to curtail spending to avoid putting pressure on the crude oil benchmark.…

Nigeria, on Thursday, recorded a landmark achievement in its Investment Climate Reforms Programme as the Corporate Affairs Commission, a parastatal under the…

Gov. Babatunde Fashola of Lagos State on Wednesday presented a budget of N497.3 billion to the State Assembly for the year 2013.…

Nigeria’s Starcomms has agreed a $210 million investment deal with investor group Capcom Limited for a 90.5 percent stake in the telecom…

The International Monetary Fund has urged African oil and gas producing nations to direct their revenue in infrastructure and education rather than…

By Omoh Gabriel The Lagos Chamber of Commerce and Industry has raised issues with the plan of the federal government to spend…

By Omoh Gabriel At the just concluded IMF/World Bank Annual Meetings in Tokyo Japan, the Nigeria delegation led by Dr. Mrs Ngozi…

The federal Government is worried by the use of dollar as means of payment or legal tender in the local market in…

At the just-concluded International Monetary Fund/World Bank Group Annual Meetings, all the finance ministers of the world and the governors of central…