In the last couple of years Africa has been touted as the new growth frontier, amid huge expectations that the continent...
Five days to the inauguration of the Muhammadu Buhari administration, it appears that the Nigerian economy has shut down as...
When the hammer fell to signal the end of the Africa Now sale in Bonhams, London, last Wednesday, Ben Enweonwu’s...
A further sell-off by some investors booking month-end profits and others covering their short positions could push yields on Nigerian...
Nigerian youths shut down crude oil production at two flow stations of the OML 29 (oil mining licence) oil block...
Interbank lending rate fell to an average of 8.5 percent on Friday from 14.25 percent last week as funds from...
Traders of imported used clothes, shoes, bags and household utensils have taken over major markets and public places in Ikorodu,...
The current fuel crisis has assumed a frightening dimension in Lagos, Nigeria’s commercial capital, as nearly all filling stations in...
Greek refrigerator maker Frigoglass has agreed to sell its glass business to Nigerian aluminum can producer GZ Industries for $225...
Olusegun Aganga, minister of industry, trade and investment, said Nigeria benefited $20 billion of Foreign Direct Investment (FDI) in the...
Banks’ stellar performance in their first quarter outing despite headwinds may be consolidated and improved upon by the recent harmonisation...
Heavy debt burdens arising from jobs executed by contractors but yet to be paid for by the federal, states and...
If feelers from government are anything to go by, Lagos, the nation’s commercial capital will have a second international airport...
She is Nigeria’s first oil minister, arguably the longest serving and most controversial. Some even add she has been the...
Saudi Arabia and its main Middle East OPEC partners are turning down Chinese requests for extra oil as they hold...