Francis Fadahunsi, chairman of the Senate Committee on Industry, has expressed dismay over the low patronage of made-in-Nigeria automobiles by the federal and state governments. Mr...
In an all-week rally, the Nigerian local currency, the naira, appreciated sharply at the official window, settling at N1421/$ due to significant liquidity in the forex...
NNPC Ltd is seeking technical equity partners to help revive three of its refineries which have remained idle despite significant investments, its chief executive said just...
National Pension Commission says pension assets have grown to over ₦25 trillion, contributing significantly to national development through strategic investments. Omolola Oloworaran, the director-general of PenCom,...
Federal High Court, Abuja Division, on Thursday struck out the criminal charge filed by the Federal Competition and Consumer Protection Commission against MTN Nigeria Communications Plc...
First Bank Limited has announced the successful redemption of its $350 million Eurobond upon maturity on October 27, 2025, the group said in a disclosure on...
Chief Executive Officer of NatCom Development & Investment Limited Mr. Soji Maurice-Diya, says the company remains bullish about its market comeback in Q1 2026, unveiling a...
Oil prices rose 1% on Wednesday after data showed U.S. crude and fuel inventories drew down more than expected last week, and as U.S. President Donald...
Nigerian Upstream Petroleum Regulatory Commission has urged the Bank of America to prioritise Nigeria’s upstream oil and gas sector in its investment portfolio to attract funding...
Nigeria National Assembly on Wednesday approved President Bola Tinubu’s request to borrow $2.85 billion from international debt markets, including the country’s first-ever issuance of a sovereign...
With all the indices closed negative, equity investors lost more than N693 billion on Wednesday as the third quarter of 2025 earnings season’s euphoria fades. The...
Nigeria’s Money Supply (M²) dropped month-on-month to about ₦118 trillion in September 2025. The Central Bank of Nigeria (CBN) disclosed this in its Money and Credit...
Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned a vessel, MT Ostria, and three men before an Ikeja Special Offences Court over alleged N12 billion...
Central Bank of Nigeria (CBN) has noted some misreporting that falsely implies the Bank disbursed US$1.259 billion to major oil sector operators for the importation of...
Global commodity prices are projected to fall to their lowest level in six years in 2026, marking the fourth consecutive year of decline, according to the...