Nigeria will be phased out of JP Morgan’s Government Bond Index (GBI-EM) by the end of October, the bank said on Tuesday after warning that…
The President’s eight day ultimatum to Ministries, Departments and Agencies (MDAs) to comply with the Treasury Single Account policy appears infeasible, as the office of…
The Nigerian Bulk Electricity Trading Plc (NBET), has signed its first Power Purchase Agreement (PPA) on coal-to-power with Zuma Power for the construction of a…
Northern Nigeria has lost at least N7 billion in five years from 2010 to date, due to the persistence of the Boko Haram insurgency, tourism…
Nigeria’s Pension Commission (PENCOM) is mulling the prosecution of employers who deduct the contributory pension from employees’ salaries but refuse to remit the deductions to…
The NNPC is set to deploy drones in its bid to curb crude oil theft. It will make use of drones to check the movements…
Nigeria’s manufacturing sector is now in a recession , as it has now seen 2 consecutive quarters of contraction. The decline is largely attributable to…
Recently released data is showing that manufacturers are choosing to source more of their raw materials needs from foreign markets rather than from local sources.…
President Buhari finally appointed a Chief of Staff to the President and the Secretary to the Government of the Federation (SGF). Political watchers say this…
Nigeria’s economic growth slowed sharply in the second quarter as lower crude prices took their toll. Growth dropped to 2.4 percent from 6.5 percent a…