News Reports

The electricity company has declared a dividend of N8 per share translating to a payout of N20 billion for the...

EBID will use the three-and-a-half-year facility to provide direct financing to local corporates.

The NNPCL said the fuel distribution crisis was of a monumental proportion, which had taken a different dimension.

The move followed the termination of the Production Sharing Contract (PSC) relationship between NNPC and Addax.

Moody's, last week, cut the country’s foreign currency senior unsecured MTN program rating to (P)Caa1 from (P)B3.

The grant is to be used to develop self-fertilising crops for African farmers

Nigeria becomes first African nation to receive SpaceX Starlink service

Transcorp Group had in 2013, through its power subsidiary, Transcorp Power Limited (TPL), acquired the 972MW gas-fired Ughelli Power Plant

The company also announced the departure of Mark Sandys, who joined the Guinness board on in 2017.

Lagos recorded the highest domestic debt in Q3 2022 with N877.03 billion, the report said.

Profit before taxation climbed 29.5 per cent to N100.6 billion, the company said.

UBA also announces six other executive appointments.

"Appropriate regulatory authorities are, in this same vein, urged to step up monitoring and supervisory activities to expeditiously address the...

The CPPE says the 10-day extension is grossly inadequate to make up for the glaring shortcomings in policy implementation

The former Vice President said borders would foster trade between countries.

The CBN cannot afford to continue to snub our democratic institutions the way it has done so far.

The scarcity of the new notes was also confirmed to this newspaper by bank managers of commercial banks in Lagos...

Last October, the ratings agency downgraded Nigeria's local currency and foreign currency long-term issuer ratings

The agency claimed that there is petrol sufficiency of over 1.6 billion litres as of 26 January

The banks said that branches will operate this weekend to receive old Naira notes

The highest average price of rice was recorded in Rivers at N655, while the lowest was recorded in Jigawa at...

The statistics office observed that the average retail cost of kerosene in December 2022 was N1,104, indicating an increase of...

NBS said that the average retail price for refilling 12.5kg cooking gas increased by 0.67 per cent within the period

The federal government will not allow misguided elements to bring untold hardship upon the citizenry, an official said.

A lawmaker had alleged that some government agencies misappropriated N89.09 trillion collected as stamp duty.