Despite the alarm of looming scarcity of petrol raised by some major and independent markets, the price of petrol at the various depots in Lagos has remained relatively stable, THISDAY’s investigation has revealed. This is coming as the price of...

...Says naira under attack, N500/$ not true reflection of currency’s value ...IOCs to exercise preemptive rights in the event of assets sale Following the outcry that has trailed the advocacy for the sale of the country’s national assets as a quick...

Plans by the Federal Government to borrow billions of dollars from the World Bank to plug its budget deficit have run into delays as the international lender is demanding for further reforms from the government as a condition for...

The Nigerian Postal Service will explore opportunities created by the evolving electronic commerce architecture to increase its revenue profile, the Postmaster General of the Federation, Mr. Bisi Adegbuyi, has said. Adegbuyi said this during the celebration of NIPOST Day at...

A United States’ industrial firm, General Electric has announced its plans to invest about $150m (N45.8bn) in Nigeria by 2017. “There are development projects where we are investing,” the Chief Executive Officer, General Electric in Africa, Jay Ireland, told the...

Out of the N6.06tn approved for the 2016 budget, about N2.95tn has so far been released by the Federal Government for capital and recurrent expenditures, figures from the Central Bank of Nigeria have indicated. The apex bank stated that the...