Business and Finance

Nigeria’s overnight lending rate dropped to 12 percent Friday after spiking to almost 100 percent Wednesday due to a liquidity...

A recent quarterly review by the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that domestic debt servicing has consistently...

After closing positive last week, Nigerian stocks in yet another flip-flop performance close trade Monday negative with benchmark index dipping...

Nigeria equities market closed Friday on a positive note, as NSE ASI appreciated by 1.66% to close at 36,920.56 basis...

Nigeria’s West African neighbours, Benin and Niger Republic, may face total electricity blackout, following a threat by the Nigerian Bulk...

Shell Petroleum Development Company (SPDC) says it remitted $29.8 billion to the federation account; and $1.2b to Niger Delta Development...

• Says infrastructure gulped N76.5bn, academics training N44bn • ‘Each varsity received N1bn, Poly N691m, COE N679m’ • ‘Era of...

The Nigeria Deposit Insurance Corporation (NDIC) has said that the The banking industry has recorded a decline in the rate...

Director General of National Broadcasting Commission (NBC), Mallam Is’haq Modibo Kawu, has warned the FM Radio stations which have defaulted...