The House of Representatives is set to investigate alleged sabotage at the Warri Refining and Petrochemical Company, which has reportedly stalled its operation. It has therefore...
The Federal Executive Council has approved $1.5bn approved for the rehabilitation of the Port Harcourt Refinery, one of the four refineries in the country. Minister of...
The Nigerian Shippers Council says about 50 per cent of all containers coming to the Lagos ports will be evacuated by rail in a bid to...
BMW has announced that it is investing in an innovative method of CO2-free steel production being developed by an American start-up called Boston Metal, through its...
The Economic and Financial Crimes Commission says bank workers in Nigeria will be expected to show evidence of their asset declaration with effect from June 1....
The Central Bank of Nigeria (CBN) has announced a new charge of N6.98 for customers using the Unstructured Supplementary Service Data process. It said from Tuesday...
The Nigerian Civil Aviation Authority has suspended all flight operations by Azman Air over a number of incidents involving its Boeing 737. Director-General of the NCAA,...
The country’s unemployment rate hit a new record high of 33.3 per cent in the fourth quarter, 2020 from 27.1 per cent recorded in the second...
Director-General of the World Trade Organisation, Dr Ngozi Okonjo-Iweala, has expressed the WTO’s willingness to assist the country in surmounting its trade challenges, boost its economy...
Nigeria’s total public debt rose to N32.9tn at the end of December 2020, the Debt Management Office has said. It said this in a statement, indicating...