Economy

By Emmanuel Nduka Controversy is trailing last week’s approval by Nigeria’s federal cabinet for construction work on the second section of a $13 billion highway awarded to an ally of President Bola Tinubu. Heritage Times HT reports...

By Ebi Kesiena The South African rand declined against the dollar on Wednesday as traders eagerly awaited the release of the Federal Reserve's meeting minutes, hoping for insights into the interest rate trajectory of the world's...

By John Ikani Nigeria, often perceived as over-burdened by debt, has surprised many by securing the second-lowest debt ranking among African nations, according to data released by the International Monetary Fund (IMF). This recognition underscores the...

By Emmanuel Nduka Nigeria's House of Representatives has passed a resolution against granting of consent by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to divest International Oil Companies (IOCs) until there is full compliance with the...

By Emmanuel Nduka Over 100 sacked employees of Dana Air on Tuesday picketed the airline’s head office over alleged unpaid salaries and outstanding pensions, alleging that the suspended airline has only one “serviceable” plane out of...

By John Ikani The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe was on Wednesday inducted into the Fellowship of the Nigerian Society of Engineers. The investiture was performed...