Business

The governments of Nigeria’s 36 states and the Federal Capital Territory owe the federal government an outstanding liability of N1.72tn in budget support facilities. The...

The Lagos State Governor, Mr Babajide Sanwo-Olu, has stated his resolve to collaborate with Mastercard to promote technology, digitalisation and innovation in the state. Sanwo-Olu...

There are concerns among Nigerians that further increases in electricity tariffs could worsen their economic situation, although the government and operators have consistently called for...

Oil and gas giant, Shell Plc, has said around 50 per cent of total routine and non-routine flaring in its integrated gas and upstream facilities...

MIDOil Refining and Petrochemicals Company Limited has concluded plans to commence the construction of a 100,000 barrels per day modular refinery at Sekungba/Ejinrin, Ikosi/Ejinrin Local...

The Minister of Power, Adebayo Adelabu, has explained how a private company reportedly held on to N32bn paid into its account in 2003 for the...

The naira rebounded against the United States dollar on Wednesday at the official and parallel markets, with the local currency recording a significant gain against...

Members of the Monetary Policy Committee of the Central Bank of Nigeria have blamed the excess cash in circulation for the accelerating inflation in the...

The removal of subsidy on Premium Motor Spirit, popularly called petrol, pushed up the statutory revenue allocations from the Federation Account that was shared by...

The National Broadcasting Commission has granted a license to Three Tees Entertainment Limited to operate a children’s television station. The TV station is owned by...