Economy

2017 budget, signed into law by the acting president a month ago, has still not been finalised and is being...

Nigeria's interbank lending rate rose to 12 percent on Friday from eight percent after bond and treasury bill purchases paid...

Finacial Times of London says President Muhammadu Buhari has practically done nothing to grow Nigeria’s economy, stating that the country...

Oil headed for a weekly gain after a pipeline shutdown in Nigeria eased, but did not dispel, concerns about rising...

The Senate and the Federal Government have resolved to revamp the Port Harcourt refinery as against the rumours of plans...

The Chairman of Capital Oil, Mr Ifeanyi Ubah, currently embroiled in crisis with Nigerian National Petroleum Corporation (NNPC) over product...

Nigeria will continue to borrow to fund its budget for 2017, the finance ministry said in a statement on Thursday,...

The Federal Airports Authority of Nigeria (FAAN) on Thursday said the Murtala Muhammed International Airport, Lagos, would be certified on...

Naira Nigeria sold 10 and 20-year bonds denominated in the local currency at 16.25 percent, the same as the inflation...

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, says the 2017 budget implementation will be affected by growing...