Economy

By Enyichukwu Enemanna The Central Bank of Nigeria (CBN) has released the sum of US $61.64 million to foreign airlines operating in the country as part of the backlog of matured foreign exchange obligations owed to...

By John Ikani Crude oil output from the Organization of Petroleum Exporting Countries (OPEC) remained stable last month, standing firm before the onset of fresh supply cutbacks by the group and its allies. A Bloomberg survey,...

By John Ikani Kenya celebrated the arrival of its first group of international tourists on Friday, marking a significant step in its effort to attract more visitors through a simplified entry process. The immigration services department...

By Emmanuel Nduka Fresh documents released by US House Democrats on Thursday details how much former President Donald Trump received from overseas transactions while he was in the White House, with most of the funds coming...

By Emmanuel Nduka KPMG has blamed the dwindling confidence in Nigeria's economy to the mass exit of major companies that had operated in Nigeria for years. Almong many other factors, the firm listed the exit of...

By John Ikani The Federal Government is set to collaborate with the Chinese company, Luan Steel Holding Group, for the establishment of a new steel plant in Nigeria. In addition, there are plans to initiate the...