Economy

By Chioma Iruke Nigerian National Petroleum Corporation (NNPC) has denied tampering with funds meant for the country’s Federation Account to declare its first profit of N287bn in 44 years. The reaction follows assertion by some critics...

  By Emmanuel Nduka Nigeria’s Minister of State for Petroleum Resources, Timipre Sylva has commissioned the Technology Incubation and Innovation Centre of the Nigerian Content Development and Monitoring Board (NCDMB) and formally launched the US$50 million...

  By Chioma Iruke Nigerian Bakers have decried the incessant increase in the prices of flour and other baking materials. The bakers under the aegis of Association of Master Bakers and Caterers of Nigeria (AMBCN) also...

By John Ikani  The Nigerian naira hit an all-time low after exchanging for N543 against the dollar, at the parallel market on Thursday. Similarly, the domestic currency fell slightly against the U.S. dollar at the official...

By John Ikani Nigeria financial gurus, Ifie Sekibo, Yemisi Edun have joined others to be named the most reputable bank CEOs in Africa. The duo were recognised by Reputation Poll International, a leading global reputation management...

By John Ikani  The Nigerian National Petroleum Corporation (NNPC) has published its Audited Financial Statements (AFS) for the year 2020 on its website. According to the result, NNPC recorded profit growth despite a 20% decline in...