Economy

Nigeria’s Guaranty Trust Bank and a subsidiary of Royal Dutch Shell have granted a $270 million loan to independent Nigerian...

DMO plans to repay 482 billion naira of treasury bills in the second quarter and will halve the amount it...

Annual inflation in Nigeria stood at 14.33 percent in February, slowing for the 13th month in a row and driven...

The African Development Bank (AfDB) has released the rating of economy of Africa with the projection that economic growth in...

Nigeria’s total national debt was 21.7 trillion naira ($70.92 billion) at the end of December 2017, the director-general of Nigeria’s...

FG will begin cutting the sulphur levels allowed in imported fuels in July, a change long sought by health and...

Saleh Dunoma, the Managing Director, Federal Airports Authority of Nigeria (FAAN) on Monday said the authority generated N38 billion from...

An agency tasked with cleaning up Nigeria’s murky oil industry says even though financial accountability has improved the state oil...

With $8 billion down the drain, the Federal Government has shut the cash tap on troubled Ajaokuta Steel complex. Solid...

Senate Committee on Local Content has summoned a British firm, BP Oil International Limited over a $3.3 billion pre-financing crude...