Economy

The Nigerian Civil Aviation Authority (NCAA) has suspended the Air Operators Certificate (AOC) of First Nation Airways indefinitely over “unauthorised...

Capital inflow into Nigeria rose almost sixfold in the first quarter compared to a year ago, following last year’s liberalisation...

Nigeria will probably maintain its system of multiple exchange rates, which the International Monetary Fund has long-urged it to scrap, until...

Senate aims to pass a long-delayed bill to overhaul the oil sector by the end of July, Senate President Bukola...

The Central Bank of Nigeria (CBN) has pumped $210 into the market to boost the inter-bank Foreign Exchange. The Bank...

Nigeria’s naira eased to 362 to the dollar for investors on Tuesday as funds repatriate dividends abroad following the end...

Nigeria should widen its tax revenue base to finance growth-enhancing upgrades to the nation’s infrastructure and social programs, said a...

Sub-Saharan African nations are at growing risk of debt distress because of heavy borrowing and gaping deficits, despite an overall...

The Federal Government says it will spend about 2.7billion dollars for the concession of narrow gauge rail lines in the...

The African Development Bank (AfDB) says it will support five countries with industrial policies to help boost development in the...