Economy

The Federal Government through the Nigerian Electricity Regulatory Commission has increased the tariff payable by power consumers across the country....

Zenith Bank Plc has reported a N57.11bn drop in the value of its total assets over a six-month period. The...

Chairman of the Federal Inland Revenue Service, Mr Babatunde Fowler, has blamed the drop in the price of crude oil...

A former Deputy Governor of the Central Bank of Nigeria, Dr Obadiah Mailafia, has criticised the directive by President Muhammadu...

The total amount of energy on Nigeria’s power grid plunged by 1,669.6 megawatts in one day, as the Senate has...

The Transmission Company of Nigeria says the $1.66bn it secured from the World Bank and other multilateral financing agencies has...

Seventeen of the nation’s 27 power stations have been forced to shut down some of their units on the back...

The international oil benchmark, Brent crude, tumbled on Wednesday to $56 per barrel, its lowest level in seven years as...

The international oil benchmark, Brent crude, extended its decline on Monday, trading below Nigeria’s $60 per barrel budget benchmark. Brent,...

MTN Nigeria has received N2.6bn part-payment of interconnect debt from Globacom, sources familiar with the issue confirmed on Thursday. It...