Economy

 Nigeria's economy stayed in recession in the first quarter and shrank more sharply than thought at the end of last...

Nigeria's economy shrank by 0.52 percent year on year in the first quarter, having contracted 0.67 percent in the same...

Scores of protesters on Monday stormed the Port-Harcourt office of the Economic and Financial Crimes Commission (EFCC), in Port Harcourt...

Nigeria's central bank plans to sell $100 million at a special wholesale spot and forwards auction on Monday as it...

Nigeria's overnight lending rate dropped to 26 percent on Friday from 65 percent a day earlier after the central bank...

Acting President Yemi Osinbajo, SAN, has directed the resumption of 24-hour operations at the Apapa Port and outrightly banned touting...

Nigeria's record 7.44 trillion naira ($23.62 billion) 2017 budget has been received by the presidency for it to be signed...

The confusion around the assent of 2017 budget is not going away anytime soon as Ita Enang,  special adviser to...

Federal government on Thursday bemoaned the over 6 trillion spent on importation of goods and services that can be locally...

Nigeria's refineries processed 10 million barrels of crude oil in the first quarter, more than they did for the whole...