The Central Bank of Nigeria (CBN) has officially adopted the Nigerian autonomous foreign exchange (NAFEX) rate — weakening the naira by 8 percent to N410.25/$1. The...
The Nigeria Labour Congress will today come up with its position on the recommendation by governors that the price of Premium Motor Spirit, popularly called petrol,...
Minister of Transportation, Rotimi Amaechi, on Monday inaugurated an 11-member investigative panel to probe the Nigerian Ports Authority (NPA) over all contracts awarded since 2016 when...
The Nigerian Electricity Regulatory Commission (NERC) says it will introduce another tariff review for the 11 distribution companies (DisCos) in the country. In a notice posted...
The landing cost of Premium Motor Spirit (petrol) imported into Nigeria has jumped to N216.31 per litre on the back of the recent increase in global...
Governor of Rivers State, Nyesom Wike, on Monday said dependence on oil was one of the problems of the country. He, therefore, advocated that the federating...
The International Monetary Fund (IMF) has asked the Nigerian government to implement a minimum of three reforms to boost the country’s economy. Abebe Selassie, IMF director...
A Federal High Court in Lagos State has barred the Federal Government from blocking SIM cards not linked to National Identity Numbers next month. The Ministry...
Good times are ahead for farmers in the South East geopolitical zone as Dangote Fertilizer has promised to train them on better ways of farming to...
Africa’s largest cement producer, Dangote Cement Plc, has remained a major contributor to the economy with a tax charge of N97 billion for the financial year...
