Economy

The Federal Government diverted N543.63bn for Natural Resources Development to fund the Independent National Electoral Commission and budget deficit, the...

The European Union says it will support Nigeria with 150 million euro to enable it to tackle challenges of climate...

President Muhammadu Buhari Wednesday applauded the contributions of Bill and Melinda Gates Foundation, as well as Aliko Dangote Foundation to...

Despite the privatisation of Nigeria’s power sector, the Federal Government’s financial intervention in the industry has risen to N1.5tn, Vice-President...

The Minister of Transportation, Mr Rotimi Amaechi, on Monday said the Lagos-Ibadan railway would commence commercial operations by November/December. During...

Nigeria lost $1.3bn worth of crude oil to theft and pipeline vandalism in the first six months of 2019, according...

Experts and groups such as the Nigeria Employers’ Consultative Association have said the recent increase in the Value Added Tax...

Power distribution companies often reject about 90 per cent of the quantum of energy that is allocated to them whenever...

The Central Bank of Nigeria has announced a series of new sanctions that will be meted out to deposit money...

Nigeria’s crude oil, displaced by the United States’ shale, is making inroads into the US West Coast. The shale boom...