The National Bureau of Statistics has released the Gross Domestic Product growth rate for the country, with the economy recording a contraction of -1.3 per cent in the fourth quarter of 2016 and – 1.5 per cent for the...

The Nigerian National Petroleum Corporation (NNPC) said it hopes to ramp up crude oil production above the country’s budget benchmark of 2.2 million barrels per day (b/d) by the end of the second quarter of 2017 due to the...

  The Democratic People’s Congress (DPC) has asked the Central Bank of Nigeria (CBN)Governor, Dr. Godwin Emefiele and Minister of Finance, Mrs. Kemi Adeosun to desist from further trial and error monetary and fiscal policies that triggered the economic recession...

With effect from this year (2017), candidates awaiting results would no longer be eligible to apply for the Universities Tertiary Matriculation Examination, the Joint Admissions and Matriculation Board, said in Abuja. The organisation also said it had concluded all restructuring...

The Special Adviser to the President on Economic Matters, Adeyemi Dipeolu, stated this while reacting to the GDP figures released on Tuesday by the National Bureau of Statistics. He said though the figures reflected the "slowdown" in the economy for...

The Organization of the Petroleum Exporting Countries (OPEC) has achieved a record 94 per cent compliance in the first month of an agreed production cut deal, its Secretary-General Mohammad Barkindo said in Abuja. This came as oil prices edged higher...