Following public outrage against the massive stealing of Nigeria’s crude oil, which had seen the country lose huge earnings as well as hobbled its ability to meet the quota allocated

The Lagos Chamber of Commerce and Industry (LCCI) has predicted that Nigeria’s total debt stock was expected to hit N45.86 trillion by December 2022. According to the President, LCCI, Mr.

Honda is joining the flurry of global automakers spending tens of billions of dollars to go electric. The Japanese company announced Tuesday that it would invest approximately 5 trillion yen

Telecoms equipment maker Nokia is pulling out of the Russian market, its CEO told Reuters, going a step further than rival Ericsson, which said on Monday it was indefinitely suspending

President Muhammadu Buhari, the Northern Governors Forum (NGF) and Lagos State Governor, Mr. Babajide Sanwo-Olu, have congratulated the Chairman and Chief Executive Officer of Dangote Group, Aliko Dangote, as he

Twitter’s CEO has said it is “for the best” after Elon Musk decided not to join the social media giant’s board, despite becoming the company’s single largest shareholder. Parag Agrawal

The owners of an oil production and storage ship, Trinity Spirit, had a history of financial problems, amounting to over $200 million, before the vessel blew up in Nigerian waters

The International Monetary Fund (IMF) has declared that increased diversity of creditors raises coordination challenges for Nigeria and other indebted poor countries. With a total public debt of N39.566 trillion

It emerged on Friday that six banks were fined N1.315 billion by the Central Bank of Nigeria (CBN) in the 2021 financial year for failing to comply with regulations prohibiting

The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele on Friday announced that the Infrastructure Corporation of Nigeria (InfraCo) would unlock N8 trillion of pension funds’ assets to

As the battle against crude oil theft, a development that has resulted to severe revenue to the country as well as its inability to meet its production quota, the Defence

Nigerian billionaires improved their ranking in the latest Forbes World’s Billionaire List, which compiles the fortunes of the richest people in the world. According to the list released on Thursday,

Emirates Airlines has announced that following the demand of its customers, it would add more flights to its existing daily service to Abuja and Lagos. The airline said it would

Shareholders of the United Bank for Africa (UBA) Plc, on Thursday approved a total sum of N27.35 billion as dividend payout for the 2021 financial year. This translated to a

Shell has announced that it will write off between $4 and $5 billion in the value of its assets after pulling out of Russia following the country’s unprecedented invasion of

As oil-producing companies in the country and even Nigeria continue to lose out on the rising international price of the crude, Wood McKenzie, a global mining and consultancy research group,

Shareholders of Zenith Bank Plc have unanimously approved the bank’s proposed final dividend, expressing delight at the final dividend payment of N2.80 per share which brings the total payout for

Following the implementation of a federal government order directing telecommunication companies (telcos) to bar unlinked Subscriber Identification Modules (SIMs) from making outgoing calls, some affected Nigerians have taken to social