Adeosun accuses West of hypocrisy on coal-fired energy for Africa
..says Nigeria's $321m stole funds stashed away in Switzerland Nigeria's Finance minister on Wednesday vigorously accused the Western world of...
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MTN’s Purchase of Visafone Said to Be in Doubt Without Spectrum
MTN Group Ltd. is considering abandoning the acquisition of Nigerian internet provider Visafone Communications Ltd. after the country’s industry regulator...
Buhari sends 2017 draft budget to Senate for approval
Nigeria's President Muhammadu Buhari on Tuesday sent a draft budget for 2017 to the upper house of parliament for approval....
Nigeria 2017 draft budget plan seeks to fight recession
Nigerian President Muhammadu Buhari on Tuesday sent a draft budget framework for 2017 to parliament for approval, detailing plans to...
FG puts two presidential jets up for sale in cost-cutting drive
Two of Nigeria's 10 presidential jets have been put up for sale as part of a drive to cut costs,...
Diageo scraps plan to lift Guinness Nigeria stake in tough market
Diageo has scrapped plans to lift its stake in Guinness Nigeria due to tough market conditions there, the drinks company...
Chinese investors pledge fresh $70bn in Nigeria’s Petroleum sector – Kachikwu
The Minister of State for Petroleum, DrIbe Kachikwu, on Wednesday said Chinese private companies had pledged an additional investment of $70...
Nigeria plans to raise 105 bln naira with local bond issue next week – reuters
Nigeria plans to raise 105 billion naira ($345 million) in local-currency denominated bonds at an auction on Oct. 12, the...
Naira strengthens as BDCs resume dollar sales
By: HOPE MOSES-ASHIKE The nation’s currency is beginning to strengthen against the US dollar as it closed to a record high...
IMF says Nigeria’s growth prospect to remain subdued at -1.7% in 2016
Sees rebound to 0.6% in 2017, but revises global growth to 3.1% Nigeria's overall economic growth prospect is expected to...
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