Economy

Etisalat Nigeria had already repaid $500 million of $1.2 billion in loans owed to banks before it defaulted in February...

Nigeria sold a five, 10- and 20-year debt at a flat rate of 16.19 percent at an auction on Wednesday...

Nigerian shares extended falls for the second day as sentiment started to weaken amid the possibility that index provider MSCI...

Nigeria is rolling out its first national social-welfare program modeled partly on Brazil’s Bolsa Familia in a bid to boost...

Nipco Plc has launched a 4.84 billion naira ($16 mln) offer for the shares it needs to take its stake...

Etisalat has been instructed to transfer its 45 percent stake in Etisalat Nigeria to a loan trustee after debt restructuring...

Acting President gives an overall view, so far, of his ongoing consultations over ethnic agitations and exchanges between groups in...

A capital market analyst, Mr Ambrose Omordion, on Monday said that the Nigerian Stock Exchange (NSE) would be dominated by profit taking...

CBN plans to sell $100 million at a special foreign currency auction on Monday, the bank said as part of...

Mr. Ndu Ughamadu, the Group General Manager, Public Affairs Division of the Nigerian National Petroleum Corporation (NNPC), has said the...