Economy

Nigeria's interbank overnight lending rate fell sharply on Friday to an average of 12 percent from around 60 percent a...

The federal government has contracted reputable firm to comprehensively audit Treasury Single Account (TSA) to trace government’s money still with...

The National Bureau of Statistics (NBS) has said roughly N400 billion is spent on bribes each year in Nigeria, taking...

Nigerian equity market on Wednesday declined for the third consecutive day with a loss of 2.68 per cent due to...

Nigeria plans to raise 135 billion naira ($442.62 million) in bonds on August 23, the debt office said on Tuesday....

Nigerian stocks fell on Tuesday to a near two-week low, dragged down by losses in banking, cement and fast moving...

Lagos state on Monday raised 85.14 billion naira ($271 million) in 7- and 10-year bonds to fund infrastructure and environmental...

Shell Petroleum Development Company (SPDC) remitted 29.8 billion dollars to the federation account and 1.2 billion dollars to Niger Delta...

A total of 19 ships laden with petroleum products, food items and other goods are expected to arrive Apapa and...

Mr Taiwo Oyedele, a tax expert, says only tax incentives to industries without addressing other challenges will not bring about...