Economy

The Asset Management Corporation of Nigeria (AMCON) has denied reports that it was negotiating with Ethiopian Airlines to manage Arik...

Babatunde Fashola, the Minister of Power, Works and Housing, is irked by vandalism and deterioration of infrastructure in Lagos state...

Africa’s leading airline, Ethiopian Airlines has submitted a formal offer to take charge of troubled carrier Arik Air, which accounts...

President Muhammadu Buhari on Monday received almost a two-hour briefing from the Minister of Budget and National Planning, Senator Udoma...

Annual inflation in Nigeria slowed for a sixth month in July, easing to 16.05 percent, but the rise in food...

Nigeria’s overnight lending rate dropped to 12 percent on Friday after spiking to almost 100 percent on Wednesday due to...

Nigeria raised 56.05 billion naira ($179 million) in a bond auction on Wednesday, less than half the amount on offer...

Godwin Emefiele, the Governor of Central Bank of Nigeria (CBN), says monetary policy offers limited tools for dealing with the...

CBN plans to raise 193.14 billion naira ($614 mln) worth of treasury bills at an auction on Aug. 30, the...

Revenue shared by Nigeria’s Federal, states and local governments slumped to N467.8 billion in August, N184.2 billion less than the...