Economy

A federal High Court in Abuja, Thursday ordered the forfeiture of all assets belonging to Process and Industrial Development (P&ID)...

In a rubble-strewn storage lot in the sprawling Nigerian port city of Lagos, customs agents crack open a shipping container...

There are strong indications that MTN Nigeria is planning to raise N100 billion through Commercial Paper (CP). Although the telco giant is...

Annual inflation in Nigeria stood at 11.02% in August, its lowest in almost four years, down from 11.08% in July,...

Nigeria’s frenetic commercial capital, Lagos, is plunged into darkness several times a day. Then its generators roar, and the lights...

It has been confirmed that the flight billed to airlift Nigerians from South Africa has been delayed because authorities at...

The funding constraints rocking Nigeria’s N8.916 trillion 2019 budget may take a worst turn in the months ahead following the Federal...

The Lagos State Government has called on National Assembly to support calls for the establishment of more ports in the...

Nigeria LNG Ltd., the operator of Africa’s largest natural gas plant, is in talks with lenders to finance a $10...

The power generation companies (Gencos) have given reasons why they may likely hold back on fresh investments in growing power...