Nigeria

The Nigerian government is to restructure its record N20 trillion debt to the central bank to bonds, a step seen as availing the revenue-starved government the luxury of longer time …

The Chinese government has opened police stations in Nigeria and in over 20 countries in Europe, the Americas, Asia and Africa in its effort to tackle the increasing criminal activities …

NLNG export facility on Monday declared force majeure on its supplies citing disruption by the recent flooding in Delta State did to its feed gas suppliers’ production. Force majeure absolves …

PZ Cussons Nigeria came within a whisker of recording its third and biggest loss in at least nine years in 2021 but found rescue in proceeds from sale of its properties, …

Nigeria’s inflation rate hit a 17-year high on the back of soaring food prices and supply chain disruption in September, a report by the National Bureau of Statistics (NBS) said on …

The Central Bank of Nigeria is targeting no fewer than 10 agents in the 774 local government areas in Nigeria to drive the eNaira adoption. In total, the bank is …

The Federal Government has earmarked N248.5bn for the construction, maintenance and rehabilitation of ongoing road projects nationwide. This was revealed after an analysis of the 2023 appropriation bill presented by …

The exchange rate between the Naira and the US dollar has fallen to a record low on the black market, trading at a minimum of N742/$1 on Monday morning. This is according …

The Governor of Lagos State, Babajide Sanwo-Olu has said that the $2.9 billion Badagry Deep Seaport is expected to generate over $53billion within its concession period. Sanwo-Olu disclosed this in a …

The Federal Government has once again assured that it has zero plans to sell or privatise the operations of the Transmission Company of Nigeria (TCN). This was disclosed in a statement by …