The naira for five-year settlement was quoted at 578.37 to the U.S. dollar on Wednesday, just off a record low of 584.11 last week, as a...
International investors, dismayed by Nigeria’s decision to delay a naira devaluation they see as long overdue, will hold back from its stock and bond markets, raising...
Nigeria Liquefied Natural Gas Company (NLNG) is sponsoring the construction of the first major ship yard in Africa’s biggest economy at the cost of $1.5 billion,...
Indications emerged, yesterday, that the President Muhammadu Buhari is likely to head the Ministry of Petroleum Resources in the emerging cabinet, rather than trust anyone else...
Federal government has borrowed the sum of N473 billion in the past four months to finance this year’s budget and not released any funds for capital...
An improvised explosive device detonated at a radio station in Kogi State Monday night killing at least four people, police said on Tuesday. Mr. Solomon Arase,...
Fresh facts have emerged on the March 31 attempt by Elder Godsday Orubebe, former minister of Niger Delta Affairs, to scuttle the announcement of the March...
South African stocks ticked up slightly on Wednesday buoyed by telecoms operator MTN Group, spurred on by peaceful presidential elections in Nigeria where it is a...
Google and Facebook are at the forefront of a scramble to win over new African Internet users, offering freebies they say give a leg-up to the...
As Nigeria approaches its most divisive and closely fought election since the end of military rule in 1999, its leaders are having to reassure voters that...
