Economy

By John Ikani President Muhammadu Buhari's administration has depleted the Excess Crude Account (ECA) to $376,655.09 from $35.377 million in May, this year. The ECA was created in 2004 by former president Olusegun Obasanjo to track...

By Emmanuel Nduka The Nigerian naira crashed further on Wednesday in the parallel market, trading for N710 against the US dollar on the exchange platform Aboki Forex. The naira which traded for N670 against the dollar...

By John Ikani Miners in north-east Angola have discovered a rare, pure pink diamond they believe to be the largest rough diamond of its kind to be unearthed in 300 years. The Australian site operator named...

By John Ikani The Petroleum Training Institute (PTI), in partnership with the Nigerian Content Development and Monitoring Board (NCDMB) as well as Shell Nigeria Exploration and Production Company (SNEPCO), has commenced the training of divers for...

By John Ikani The presidential candidate of Labour Party (LP), Peter Obi has decried Nigeria's failure to harness the strength of its youthful population, stressing that training and providing youths with capital is a panacea for...

By Emmanuel Nduka KPMG International was fined 14.4 million pounds ($17.27 million) on Monday after the top accounting firm admitted to providing false and misleading information to its regulator during spot checks on audits of construction...