Economy

Air fares on Nigeria domestic routes have increased by over 68.75 percent in the last few weeks with no sign of any slow down in sight prompting airline owners to send a Save Our Soul message...

  Nigeria may plunge into total blackout, as nine out of the national integrated power plants supplying electricity to the national grid, have reportedly broken down.   According Nigeria’s Minister of Power, Engr. Sale Mamman, the...

The BUA Group and Axens, a French-based petroleum technology company, have both signed a progress acknowledgement statement for the proposed BUA multi-billion-dollar integrated 200,000 barrels per day refinery in Akwa Ibom State. The deal is a...

Aliko Dangote and Abdussamad Isyaka-Rabi’u have agreed to work together agreed to work together to supply enough sugar to satisfy the demand of the country. This is as Governor Abdullahi Ganduje of Kano State and Billionaire...

The Securities and Exchange Commission (SEC) is working with the Central Bank of Nigeria (CBN) on the regulation of cryptocurrency. Disclosing this at the 2021 first post-Capital Market Committee (CMC) virtual news conference, SEC Director-General, Lamido...

The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, NEITI, Dr. Orji Ogbonnaya Orji on Thursday stated that the exact volume of crude oil produced in the country especially at deep offshore fields was unknown...