Economy

President Muhammadu Buhari admitted on Wednesday that the performance of his administration in the power sector was “not good enough”,...

The international oil benchmark, Brent crude, plunged to $62 per barrel on Tuesday despite a nine-month extension of production cuts...

Banks in the country have successfully linked 38 million accounts with the Bank Verification Numbers, according to the Central Bank...

The nation’s power grid recorded its eighth total collapse this year on Sunday, plunging consumers across the country into blackout...

Between January and May this year, the three tiers of government got the sum of N3.14tn as allocation from the...

It is my pleasure this afternoon to swear into office, the Chairman and Commissioners of the Revenue Mobilization, Allocation and...

President Muhammadu Buhari has appointed Dr Thomas John as the acting alternate chairman of the Governing Board of the Nigerian...

The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has said the discovery of crude oil and the country’s increasing...

The depreciation of the naira between 2004 when the last banking sector recapitalisation took place and now has cut the...

Oil prices extended gains Monday as rising US-Iran tensions fuelled supply concerns, while Asian equities also edged up ahead of...