The Federal Government yesterday asked a Milan court to order Eni and Royal Dutch Shell to pay $1.092 billion as an…

Despite acknowledging that this year’s iPhone launches will be delayed by a few weeks relative to their…

Nigerian companies are parking more of their funds in bank deposits, upending a push by the central bank to fuel…

Priti Patel, United Kingdom’s secretary of state for the home department, has come under scrutiny over her comments…

Shop-rite Holdings announced that it would leave the East African nation of Kenya after entering the market 2 years…

Lloyds, the biggest domestic banking group in UK, had temporarily stopped job losses and restructuring early in the…

All four of the refineries in Nigeria, Africa’s top oil exporter, are currently shut down, the group managing…

United Airlines has announced plans to expand its global route network with a new, nonstop service between Nigeria…

The DMO set Nigeria’s entire debt at N31trn, indicating an increase of N2.38trn within a space of three months.…

The recovery is on. Economies across the eurozone are reopening and business is returning to normal, or at least as…

The pound fell to its lowest level in six weeks against the dollar on Wednesday as new legislation by the British…

While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue…

The federal government has been asked to take advantage of the global liquidity glut being experienced during the…

The Economic Community of West African States has postponed the planned launch of its single currency, the Eco.…

Experts, yesterday, blamed the preponderance of dirty notes on corruption and lack of political will, as 22,000…

Neighbouring Niger Republic, which started commercial oil production in 2011, now exports petroleum products to…

The Federal Government’s outstanding as of March 31 stood at the N24.52tn (excluding the states and the Federal…

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…