The Central Bank of Nigeria will pursue price stability as an anchor for economic growth and attract foreign investors as the country battles economic recession and rising inflation, the CBN Governor, Mr. Godwin Emefiele, has said. “The central bank does...

The Nigerian National Petroleum Corporation (NNPC) has expressed its readiness to partner with stakeholders in the Oil and Gas Industry to grow the nation’s fast depleting reserves in order to increase productivity in the petroleum sector. Group Managing Director of...

Global oil benchmark, Brent crude, extended its rally on Sunday to hit the $50 per barrel mark, the third time this year. This comes as the expected return of the Forcados export terminal has helped to boost Nigeria’s planned crude...

The Federal Government spent between 40 and 50 million naira to construct toilets and bathrooms in each unity school across the country, Daily Trust report has shown. The government has over the years built dozens of these toilets termed “VIP...

The Federal Government says it has been saving a total of $4m (N1.22bn) daily in fuel import bill since May 12, this year when it stopped paying subsidy claims to importers. The Minister of Budget and National Planning, Senator Udo...

The United States is investing at least $50 million in a military air base in Nigeria’s northern neighbour, Niger Republic that will be capable of deploying drones. The U.S. already has a presence in the capital Niamey, where it shares...