The Central Bank of Nigeria (CBN) has reported a dramatic increase in the country’s net foreign exchange reserves, which climbed 772 percent in two years, rising from $3.99 billion at the end of 2023 ...

The Federal Government has finally removed the power of the Nigerian National Petroleum Company Limited (NNPCL) to collect the 30 per cent management fee and the 30 per cent Frontier Exploration Fund ...

Nigeria’s private sector returned to growth in February, with business activity strengthening as rising customer demand and easing inflationary pressures boosted market confidence, according to the ...

Fresh pressure is mounting on Nigerian consumers as petrol prices inch closer to N1,000 per litre following renewed volatility in the global oil market linked to escalating tensions between the United ...

The Muslim World League (MWL) has condemned what it called Iran’s continued aggression against the Kingdom of Saudi Arabia, the United Arab Emirates and other countries in the region, warning that the ...

The pump price of petrol may rise to between N980 and above N1,000 per litre nationwide following a fresh increase in the ex-depot price by the Dangote Petroleum Refinery. Punch Newspaper reported, ...

A 40-year-old Nigerian, Leslie Mba, has been jailed for 19 years in a United States federal prison for his role in a $4m romance scam and business email compromise scheme. Mba, who is not a U.S.

Transactions on the Nigerian Exchange closed February on a bullish note, with the market advancing 16.60% month-on-month. Year-to-date, the market has returned 23.91%, with the All-Share Index and ...

The Federal Government has given approval for the release of N48 billion for the enhancement of 12 Faculties of Engineering and Technology in Federal Universities of Technology and other conventional ...

How First Lady’s effort failed to save him    * Non withdrawal of officers on VIP duty        * Anambra State N100m bribe    ...

Saudi Arabia may resort to military action if it concludes that Iran orchestrated a coordinated attack on its oil ...

Government Ekpemupolo, better known as Tompolo, the former Niger Delta militant leader, is scrambling to retain control of a ...