Economy

By Emmanuel Nduka Group Executive Director of Strategy, Portfolio Development and Capital Projects for the Dangote Group, Mr. Devakumar Edwin, has informed that the firm's 650,000 barrels per day (bpd) oil refinery under construction in Lagos,...

By John Ikani  Britain has fallen behind India to become the sixth largest economy in the world as the government in London struggles to adjust to a harsh cost-of-living shock. India toppled the UK from its...

By Emmanuel Nduka Nigeria's President, Muhammadu Buhari has approved the upward review of Duty Tour Allowances (DTAs) for ministers, permanent secretaries and federal civil servants on Grade level 1 to 17. The approval was conveyed in...

By Enyichukwu Enemanna The Comptroller General of the Nigeria Customs Service, Col. Hameed Ali (retd) has disputed the claim by the Nigeria National Petroleum Company, NNPC Limited that the country consumes about 60 million litres of...

By Emmanuel Nduka Emirates Airlines has restored its flight operations to Nigeria’s commercial capital of Lagos, the company announced in emails sent to its customers on Wednesday. “We are pleased to inform you that effective from...

By John Ikani Eurozone inflation hit a new record high in August of 9.1%, according to flash figures from Europe's statistics office Eurostat, with high energy prices caused by Russia's invasion in Ukraine being the main...