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The Nigerian Senate  has said it plans  to investigate revenue leakages amounting to over N4 trillion in the Nigerian Customs Service (NCS). The Chairman, Senate Committee on Customs, Excise and Tariff,...

Nigeria’s Minister of Agriculture and Rural Development, Audu Ogbeh has expressed surprise about the Punch report of Monday which showed that garri imported from India was being sold in Nigeria. Ogbe...

   Twenty-four hours after the Central Bank of Nigeria (CBN) announced its new policy action for the foreign exchange market, it has injected $370.9million into various banks. CBN on Tuesday traded...

  The Managing Director of the Assets Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru has revealed that the incessant flight cancellations and delays by Arik Air were due to its inability to...

    Nigeria’s Minister of Agriculture, Audu Ogbe has blamed the continued surge in the prices of food items on the high cost of transportation. While addressing State House correspondents at the...

Former Nigerian Military President, Gen. Ibrahim Babangida has said that the current economic downturn in Nigeria is not peculiar to the country. Answering questions from journalists at the Minna International...

  Lastest figures from the Central Bank of Nigeria, for 2017 indicate that Nigeria’s foreign reserve has recorded an 18.2% accretion since its recent uptrend, standing at $27.4bn. This uptrend,...

Lagos State Governor, Mr. Akinwunmi Ambode on Tuesday revealed plans of his administration to leverage on the vast economic opportunities in entertainment, tourism and arts sectors, to grow the Gross...

The temporary relocation of the Abuja airport to Kaduna by the Ministry of Aviation will cost N1.1bn. The Minister of State for Aviation, Hadi Sirika who was speaking to the Senate about the logistics...

  The International Monetary Fund has said there is hope that Nigeria will recover from recession this year. With the nation’s increased crude oil production following an improved security...

The Mavrodi Mondial Moneybox scheme popularly referred to as MMM resumed operations on January 13, 2017. The scheme which made the announcement on its website, informed its members that it had resumed...

  Lagos State governor, Akinwunmi Ambode and his Kebbi State counterpart, Abubakar Atiku Bagudu on Wednesday, launched Lake Rice, the fruit of their sates’ collaboration in agricultural production. The...

Amazon.com, the e-commerce giant, is on the verge of a major technological breakthrough. It is about to realize its dream if delivering small parcels to its customers with drones. The company, on Wednesday,...

Has MMM crashed? This is the question on the lips of many Nigerians who subscribe to the almost incredible money–spinning investment scheme called Mavrodi Mondial Moneybox. MMM has announced that it...

Lagos State is expecting to receive its first payment of derivation fund as an oil producing state next month.The payment will be on account of exports from the offshore Aje oil fields. This was disclosed...

The Federal Government led by President Muhammadu Buhari has made a proposal to bring the regulatory bodies of the nation’s oil sector under one umbrella to be called the Petroleum Regulatory Commission,...

Nigeria’s Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has revealed the Federal Government’s intention to review the nation’s fuel price template. He said the essence of the review...

Minister for Information and Culture, Alhaji Lai Mohammed has disclosed that President Muhammadu Buhari will make another attempt to get the Senate to approve his request for a $29.96 billion loan from...

Africa’s richest man, Aliko Dangote, has said that more than 100 million Nigerians, a staggering 53.5% of the country’s population is living in poverty. The billionaire presenting a paper titled:...

As part of the sweeping administrative changes embarked upon by the Federal Government at the Federal Airports Authority of Nigeria, FAAN, two new directors have been appointed. They are Mrs. Nike Aboderin...