Business

The African Development Bank has described Nigeria as an economy with a moderate risk of debt distress. In its African Economic Outlook 2019 and West Africa Economic Outlook 2019 released …

ExxonMobil is weighing the sale of some oil and gas fields in the country, two and a half years after exiting Nigeria’s downstream oil sector. The United States-based oil major …

File photo The Independent Petroleum Marketers Association of Nigeria has urged the Federal Government and the Nigerian National Petroleum Corporation to ensure that private depot owners maintain the official ex-depot …

A man plugs his Tesla into the new super-fast multi-charging power column “comfort charge” belonging to Germany’s telecommunications giant Deutsche Telekom AG at Telekom’s headquarters in Bonn, Germany Almost 60 …

A total of 14 commercial banks listed on the Nigerian Stock Exchange are billed to pay N103bn in taxes to the Federal Inland Revenue Service for the 2018 financial year. …

Udoma Udo Udoma The Federal Government will revert to the January to December budget cycle, beginning with the 2020 national budget. The Minister of Budget and National Planning, Udoma Udo …

The narrowing spread between Northwest European diesel and petrol cracks has helped support some Nigerian crude grades which have suffered from a lack of European demand, traders have said. The …

Director-General, Lagos Chamber of Commerce and Industry, Mr. Muda Yusuf The Lagos Chamber of Commerce and Industry has hailed the Central Bank of Nigeria’s reduction of the Monetary Policy Rate …

Mastercard has expressed its intention to become a shareholder in Jumia, a pan-African e-commerce platform, in order to grow e-commerce operations and support the digital transformation in Africa. In a …

The ongoing construction work on the Lagos-Ibadan railway project will not be abandoned, both the Federal Government and the National Assembly declared on Friday. According to them, the project will …