Nigeria’s government, which relies on oil for about two-thirds of its revenue, sees a silver lining to the plunge in...
While the dismal power supply currently witnessed in several parts of the country continues to cripple businesses, Transmission Company of...
A financial closure has been concluded for the $876 million 450mega watts( MW) Azura-Edo Independent Power Project located in Edo...
Nigeria sold 85.83 billion naira ($431 million) in naira denominated bonds maturing in 2020 and 2026 at an auction on...
State-owned Indian Oil Corp has nearly doubled the crude oil it buys from Nigeria on a term or fixed contract...
Oil has again failed this morning to catch a break and is continuing to drop during Thursday’s morning trade in...
Shoreline Group, a Nigerian oil producer, has halted plans to issue $500 million of Eurobonds and will cut staff as...
The Acting Managing Director and Chief Executive Officer of the Niger Delta Development Commission, Ibim Semenitari, has approved the immediate...
Airlines in Nigeria are having difficulties with their operations as biting dollar shortages and elevated black market rates leave them...
Despite the bearish capital market in 2015, partly caused by the crash in crude oil prices and a change of...
Nigerian Senators on Wednesday expressed grave concerns over the perceived near impossibility of implementing the 2016 budget in which President...
Prices of food commodities in Nigeria have not tracked global trends which have dropped for the fourth consecutive year, as...
Fuel queues may soon return in various parts of the country following Wednesday’s announcement by the Nigerian National Petroleum Corporation...
Danger looms along the Lagos-Badagry highway with hundreds of petroleum tankers, some of which are loaded with premium motor spirit...
Minister of Health, Isaac Adewole, Wednesday said the country is committed to signing the ‘obituary’ of the endemic Lassa fever...