The Senate on Wednesday justified the President, Major General Muhammadu Buhari (retd.)’s plan to obtain $4.054bn and €710m ($$839m) loans. The Chairman of the Senate Committee...
Nigeria’s inflation rate has dropped by 0.37 per cent to 17.01 per cent (year-on-year) in August, from the 17.38 per cent recorded in July. This was...
The naira plunged to a fresh record low against the dollar, the British pound sterling and euro on Thursday amid the lingering scarcity of foreign exchange...
The Petroleum Products Pricing Regulatory Agency on Sunday said the Petroleum Industry Act had signaled the full deregulation of the downstream oil sector. It was, however,...
The Pan Niger Delta Forum has said the President’s assent to the PIB despite opposition from various southern groups was a sad day for the people...
A new report by the Institute of Development Studies, a UK-based think tank, has placed Nigeria as the second poorest country in the world in terms...
The Central Bank of Nigeria (CBN) has announced an end to the weekly allocation and sale of foreign exchange to Bureau De Change (BDC) operators in...
By Eric Elezuo Ovation Palliatives, the philanthropic arm of the Ovation Media Group, has again, empowered another set of Nigerians with a whopping sum of N2...
The assent of the Petroleum Industry Bill by President Muhammadu Buhari will put an end to petrol subsidy in Nigeria, the Minister of State for Petroleum...
In what appeared to be payback over Nigeria’s closure of some borders in 2019, the Government of the Republic of Benin has stopped 3,700 Nigerian-bound cargo-laden...