Economy

    Oil production facility of Conoil Producing Limited located in satellite camps of Southern Ijaw Local Government Area and Koluama Community of Bayelsa State, have been shut down by aggrieved locals of the area.  ...

Nigeria’s Minister of Aviation, Senator Hadi Sirika, has reiterated the Federal Government’s desire to reopen the Mallam Aminu Kano International Airport, Kano, for international flight operations, stating that the continued suspension of foreign flights at the...

  The Federal Government has taken steps to integrate Artisanal and Modular Refiners into legally refining petroleum products in the country. This was disclosed on Tuesday in Abuja by the Senior Special Assistant to the President...

  The United Kingdom says it will return £4.2m of the James Ibori loot in the coming weeks. The funds part of the nearly £50m loot taken by Ibori and his associates sequel to his jail...

Central Bank of Nigeria, CBN, has defended its Accelerated Agricultural Development Scheme, AADS, in Bayelsa State and that allegations bordering on fraud in the programme were untrue. The CBN made the clarification during a courtesy visit...

The Central Bank of Nigeria CBN has explained that the "CBN Naira 4 Dollar Scheme” is aimed at providing Nigerians in the Diaspora cheaper and more convenient ways of sending remittances to Nigeria. The Apex bank...