Nigeria asked a Milan court on Wednesday to order Eni and Royal Dutch Shell to pay $1.092 billion as an immediate…

Barely 24 hours after depot owners called for full deregulation of the downstream sector of the petroleum industry,…

As investors anticipate the launch of Derivatives trading in the Nigerian capital market, The Nigerian Stock…

Oil slid 5 percent to below $40 a barrel on Tuesday, its lowest since June, over concerns that a demand recovery…

According to reports in the local media, the Central Bank of Nigeria (CBN) has resumed FX sales at the Investors…

The Forex turnover dropped by 22% as Nigeria's exchange rate at the NAFEX window depreciated to 386.21 during…

The Association of Bureau De Change Operators of Nigeria (ABCON), has called for stronger collaboration between…

Oil is entering a weak season at the same time that the monthly cycle peaks. The combination of the bearish…

Foreign exchange inflows into the country fell to $5.52bn in May, the latest figures from the Central Bank of…

Chad's Ndjamena refinery, in Djarmaya, 30 km (17 miles) from the capital, is providing regular daily shipments of…

The dollar found support on Wednesday as a stock market slide spooked investors into selling riskier currencies,…

The Federal Government has denied knowledge of alleged N42,000 being charged for COVID-19 test by its approved…

Benin City — The Edo Modular Refinery is targeting an increased refining capacity of 60,000 barrel per day (bpd) of…

Guaranty Trust Bank Plc (GTBank) has started the recruitment process for the role of its chief executive officer…

 bell: Slack — Shares of the messaging platform tanked 14% in after hours trading on Tuesday despite its…

Qatar Airways will relaunch flights to Murtala Muhammed International Airport in Lagos, Nigeria, from September…

The Nigerian Economic Summit Group (NESG), a private sector-led think-tank and policy advocacy group that promotes…

Macky Sall had a bone to pick with creditors. Sitting before the head of the International Monetary Fund, investors…

Following the drop in global crude oil prices and the economic shutdown caused by the COVID-19 pandemic, economies…

Singapore’s state investment company Temasek said Tuesday the net value of its portfolio fell for the first time…

Oil fell below $42 a barrel on Tuesday, its 5th session of decline, pressured by concerns that a recovery in demand…

The Senate will vote on a coronavirus stimulus bill as early as this week, Majority Leader Mitch McConnell said…

Tesla shares tumbled Tuesday, after Elon Musk’s electric vehicle maker was left out of the S&P 500 by the…

The federal government has given an insight into the transfer of the National Identity Management Commission (NIMC)…

“Damaging,” “reckless” and “disastrous” are some of the words Joe Biden has used to describe tariffs imposed by…

Apple just announced a digital-only event on Sept. 15 where it’s expected to reveal new products. Apple…

After months of delays Christopher Nolan’s “Tenet” finally landed in U.S. theaters over the weekend, cashing in…

Africa is experiencing a quiet boom in the use of cryptocurrency. Over the last year, crypto transfers by…

An Ethiopia Airline plane on Monday, arrived at the Nnamdi Azikiwe International Airport, Abuja, conveying 120…

Four months ago, Abolaji Odunjo made a fundamental change to his business selling mobile phones in a bustling…