Economy

A chieftain of the All Progressives Congress, Olatunbosun Oyintiloye, has appealed to President Bola Tinubu to urgently tackle hunger and starvation ravaging the country to save the masses…

For the fourth time in 2024, Nigeria’s power grid has collapsed, with the country’s electricity generation plummeting to a mere 0.80 megawatts. The power generation started to decline…

The President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Billy Gillis-Harry, has identified the Nigerian National Petroleum Company Limited (NNPCL)’s…

The Nigeria Customs Service (NCS), Ogun 11 Area Command, generated more than N12.8 billion revenue between January and June. Mr Olusola Alade, the Area Controller of the command said…

On Wednesday, the Minister of Finance and Coordinating Minister for the Economy, Dr. Wale Edun, informed Senators about the Federal Government’s advancements in its forensic investigation…

Aliko Dangote, President of the Dangote Group, has expressed concerns over Nigeria’s high interest rates, warning that the current rate of 30 percent is stifling economic growth and job…

The Nigerian National Petroleum Company Limited says it has declared a state of emergency on oil production. It said this was a move towards increasing Nigeria’s crude oil production and…

Nigeria’s debt-to-GDP ratio has surpassed 50% for the first time, according to the latest public debt figures published by the Debt Management Office (DMO). The country’s public debt…

The Federal Government, through the Nigeria Customs Service (NCS), has grounded a Gulfstream G650ER jet registered in the United States and owned by a prominent Nigerian bank. This move…

A former Speaker of the House of Representatives, Rt. Hon. Yakubu Dogara, has called on President Bola Tinubu to develop oil palm cultivation as it could generate up to N16.2 trillion naira…