Nigeria’s total trade with the European Union (EU) which stood at €39bn in 2014, accounting for 31 per cent of Nigeria’s total trade, has dropped to €29bn in 2015. Speaking at the pre-event press conference of the fifth EU-Nigeria business...

The National Pension Commission (PenCom) yesterday said it has paid N55.46 billion as lump-sum to 177,284 workers disengaged from various sectors due to economic recession. The Head of Benefits and Insurance Department of the PenCom, Olulana Loyinmi, who disclosed this...

Nigeria is presently in short supply of 600,000 tons of dairy milk and is partnering with major national and international stakeholders in the dairy sector to inject a considerable volume and drastically reduce importation of milk in 2019, the...

Nigeria will need to source extra $181 million to pay for vaccines in 2017 and 2018, analysis has shown. That’s around N57b, nearly four times the N12.8b appropriated for vaccines this year excluding cost of distribution, maintenance and other logistics...

The plummeting prices of crude oil in the international market have impacted negatively on the earnings of ExxonMobil Corporation and Chevron Corporation, according to their third quarter 2016 results. Chevron’s average sales price per barrel of crude oil and natural...

The Nigerian National Petroleum Corporation (NNPC) has increased the pump price of petrol at its retail outlets by N4 from N141 to N145 per litre. Though the new N145 price remains within the maximum price cap fixed by the federal...