Category: Local

The nation’s transport sector lost about N200bn in three months as a result of the lockdown occasioned by the coronavirus…

Bank of England governor Andrew Bailey has said he will be “ready to take action” to help the UK economy…

The Federal Government’s Sovereign Sukuk bond of N150n offered to investors was oversubscribed by N519.12bn, the Debt Management Office has…

Tesla Inc. stock lost some of its luster Friday after Goldman Sachs and Morgan Stanley moved to downgrade the shares,…

The Federal Government has raised the fear that except something urgent is done, about 39.4 million Nigerians may be jobless…

Fellow Nigerians, 1. The 2020 celebration of Democracy Day marks 21 years of uninterrupted civil administration in our dear country.…

ABUJA, June 10 (Reuters) – The Nigerian naira for five-year settlement was quoted at 578.37 to the U.S. dollar on…

The COVID-19 pandemic may lead to the loss of 13 million jobs in Nigeria, the World Food Programme of the…

The Federal Government has promised to employ all machinery to eliminate the act of piracy in the Gulf of Guinea.…

Nigeria recorded a trade deficit of N138.98bn in the first quarter of 2020, the National Bureau of Statistics has said.…

The negative impact of the Coronavirus pandemic has resulted in the Federal Government recording a revenue shortfall of about N1.01tn…

The 3M corporation has filed suit against a third-party Amazon seller called KMJ Trading Inc, which allegedly sold more than…

A dip in the Federal Government’s revenue is in the offing. This is because following the cut in oil production…

A recent run of optimism in markets hit the brakes on Tuesday, as investors pulled back from major stock indices…

Despite lockdown introduced to contain the spread of COVID-19 in the country, huge cash transactions in the economy had continued…

Nigeria’s misery index is set for a spike, with more than three million people joining the population of poor Nigerians,…

Huawei is launching a newspaper and internet campaign to mark 20 years of business in the UK. In an open…

The African Development Bank has said its active portfolio in Nigeria comprised 61 operations, with a total commitment of about…

National Football League commissioner Roger Goodell admitted the league was “wrong” for failing to listen to players who protested social…

The United Nations has completed plans to carve out a new territory from Nigeria and Republic of Cameroon by July…

Global oil commodities gained in prices on Wednesday as Brent crude, the benchmark against which Nigeria’s crude is priced, rose…

Sony’s unannounced WH-1000XM4 noise-canceling headphones have leaked in full thanks to a new listing on Walmart’s website that reveals basically…

Lagos State government says religious gatherings would be allowed to reopen on June 21, 2020. This was disclosed by the…

The Naira depreciated to N386.33 to a dollar at the Investors and Exporters (I&E) window, as the volatility of the foreign exchange…

Nigeria’s tier-1 banks — comprised of First Bank, UBA, GTBank, Access Bank, and Zenith Bank (FUGAZ) — generated a total…

Australia is heading for its first recession in nearly three decades after the economy shrunk in the January-March quarter, with…

Nigeria’s economy is likely to contract in the second quarter, according to three gauges of business activity that highlight the…

President Muhammadu Buhari has assured Dr. Akinwumi Adesina of Nigeria’s support in his bid to seek a second term in…

The Senate on Tuesday passed the 2020-2022 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) of the Federal Government.…

The Nigerian currency (the naira) gained against the dollar on Monday by selling at N441 to a dollar at the…