Ajinomoto Japanese food and ingredients maker Ajinomoto has agreed to buy 33 percent of Africa's Promasidor for $532 million, the...

FG plans to sell 119.92 billion naira ($376.22 million) in short-dated treasury bills at an auction on Nov 16, the...

A blast rocked a pipeline operated by state-run oil company that feeds the Forcados terminal in the restive southern Niger...

Naira weakened to a record low of 375.50 to the dollar on Tuesday on the official interbank market, according to...

Germany on Monday pledged a 61-million-euro ($67.44 million) hike in funding for U.N. relief operations in Africa so that fewer...

Hedge funds and other money managers have reduced bullish bets on crude oil amid reported differences among OPEC members about...

The Federal Government’s dithering on introducing complementing fiscal policies and lack of strategy to attract private capital is resulting in...

The latest figures from the National Bureau of Statistics (NBS) indicate that Nigerians are increasingly leveraging electronic payment platforms for...

…as foreign investors stay away The Central Bank of Nigeria’s (CBN) deliberate policy of capping the exchange rate between the...

The value of capital imported into Nigeria in the third quarter fell 34 percent year on year to $1.822 billion,...