Economy

By Emmanuel Nduka Public outcry from Nigerians has inspired a Competition and Consumer Protection Tribunal which sat in Abuja on Monday to issue a restraining order on Multi-Choice Nigeria Limited from increasing its tariffs and cost...

By John Ikani The Nigerian Content Development and Monitoring Board (NCDMB) announced on Monday that it had received an interim dividend payment of N450 million out of the N1.5bn declared by Waltersmith Refinery and Petrochemical Company...

By John Ikani Fuel shortages have worsened in Nigeria, causing disruptions to businesses, particularly in Lagos, the bustling commercial hub. Public transport services came to a standstill on Monday, leaving commuters stranded or forced to pay...

By John Ikani Oil prices took a dive by more than $1 per barrel on Monday as peace talks between Israel and Hamas in Cairo eased concerns of a broader conflict in the Middle East, while...

By Emmanuel Nduka UK Consumer Goods Company - PZ Cussons is considering selling off its Africa operations, citing adverse economic conditions on the continent, particularly in its largest market Nigeria. Heritage Times HT reports that rising...

By Enyichukwu Enemanna African leaders on Monday appealed to rich nations to commit record contributions to a low-interest World Bank facility in favour of developing nations, a fund that will assist them to finance their infrastructural...