Economy

FLOUR Mills of Nigeria (FMN) Plc has said it will strengthen its capital position with the on-going N39.9 billion rights...

CBN raised 252.88 billion naira ($827 mln) at a treasury bill auction on Wednesday as investors piled demand into the...

Obafemi Olawore, the Executive Secretary of Major Oil Marketers Association of Nigeria (MOMAN), has reiterated the need for federal government...

The African Development Bank (AfDB) plans to reach 29.3 million people in African with electricity by 2020. The project is...

Africa’s top oil producer plans to make gas flaring more costly for companies that have escaped the payment of billions...

Nigeria’s stocks have been among the world’s best-performers in the past four months, and foreign investors are a big reason...

A former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, has said that she only acted on the written approval and...

Nigeria’s vice president said on Thursday that a weaker U.S. dollar did not necessarily hurt his oil-producing nation. The comments...

The Senate on Thursday urged the Nigerian National Petroleum Corporation (NNPC) to, within seven days end lingering scarcity of petrol...

Oil prices on Thursday hit their highest since December, 2014, pushed up after U.S. crude inventories posted a 10th straight...