Economy

Helios , a  private  Equity  Fund has acquired a  49  per cent  stake  in Oando  Gas and Power,  while its  nominee  acquires another  2 per cent, thereby making  the equity  firm  majority shareholder.  Bolaji Osunsanya, managing director...

Nigerian private sector activity slowed in February as new orders and production levels fell due to a shortage of hard...

The nation's currency on Wednesday reverses its gain to close at an average rate of N454.6k per U S dollar...

Determined to provide uninterrupted power supply and evacuation of power produced by Generating Companies (GenCos), the Federal Government today, Wednesday,...

Nigeria plans to target retail investors with a new savings bond that will go on sale this month, the Debt...

In what can be categorized as a really great moment, foremost financial institution, Guaranty Trust Bank plc, has reaffirmed its...

The senate has confirmed Walter Onnoghen as the substantive chief justice of Nigeria (CJN). Onnoghen was confirmed after he appeared...

Members of the Organization of the Petroleum Exporting Countries must lower production costs to compete better with shale producers, Nigeria's...

When protesters marched on Nigeria's presidential villa earlier this month to complain about a biting recession, they were not repelled...

The Senate on Tuesday asked the Federal Government to urgently pay the sum of N2 trillion owed local contractors. The...