Oyo State Governor, Seyi Makinde has slashed the state’s budget, saying that the initial N285 billion 2019 budget presented to the state House of Assembly was unrealistic. In a tweet on  his verified...

  The management of MTN Nigeria has announced the closure of all its service outlets and offices across the country till further notice following attacks on its facilities by aggrieved Nigerians.  In...

The Gross Domestic Product (GDP) of Nigeria recorded a year-on-year growth of 1.94 percent in real terms in the second quarter of 2019. According to the latest data released on Tuesday morning by the...

The Coalition of Northern Groups (CNG) has accused southerners of taking over jobs traditionally meant for northerners. In a statement over the weekend by its spokesman, Abdul-azeez Sulaiman, the CNG...

 The Central Bank of Nigeria (CBN) says the general public can return mutilated bank notes to their banks after the September 2, 2019 deadline earlier given. The Director, Corporate Communications of...

President Muhammadu Buhari says Nigeria remains a very competitive and viable investment destination with some of the highest returns on investment in the whole of Africa. The President’s Special Adviser...

Nigeria’s power sector is to get N600 billion intervention from the Federal Government. The Market Operator of the Transmission Company of Nigeria, Mr Edmond Eje on Wednesday said President Muhammad...

The Nigerian Communications Commissions (NCC) has slammed a fine of ₦136 million on two major network operators in the country, Airtel and 9mobile for violating various industry regulations. In its...

The Federal Government of Nigeria says it plans to set up a committee tasked with the responsibility of reviewing the revenue sharing formula for federal, state and local governments in the country due...

The Nigerian Communications Commission (NCC) has said that it remitted a total sum of N51.3 billion to Federal Government’s Consolidated Revenue Fund (CRF) in the first quarter of 2019. According to...

The Federal Government of Nigeria has secured a $100 million loan from the Indian government in its quest to attain the much needed universal Internet coverage and broadband expansion. The loan which was...

 Governors in Nigeria say the payment of oil subsidy to marketers by the Nigerian National Petroleum Corporation (NNPC) is not sustainable as it drains the nation’s resources. Chairman of the Nigeria...

The new Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari on Monday pledged to reactivate all four refineries before the expiration of President Muhammadu...

Maritime workers under the aegis of the Maritime Workers Union of Nigeria (MWUN) on Wednesday made good their threat of protesting their unpaid entitlements by the International Oil Companies (IOC) by...

The National Pensions Commission (PenCom) says states operating the Contributory Pension Scheme have refused to remit about N3.4 billion pension contributions deducted from their workers monthly remunerations. PenCom’s...

 Billionaire businessman and Chairman of Forte Oil Plc, Femi Otedola, has announced that the company has sold all  shares in it’s downstream operations to focus on their power generation business...

There are strong indications that the Federal Government of Nigeria may lift the ban on importation of vehicles through the land border which it imposed in January 2017. The government may have resolved...

The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele says the apex bank has identified smuggling and dumping as major challenges working against the Federal Government’s economic policies. Emefiele,...

 Vice President for Sustainable Development of the World Bank, Laura Tuck has revealed that the continuous payment of huge sums of money as subsidies on fossil fuels consumption has worsened  the economic...

The African Union (AU) celebrated making one more step toward creating a continent-wide market of 1.2 billion people worth $2.5 trillion with the signing of the historic African Continental Free Trade...