Former President Olusegun Obasanjo has warned pension regulators in Africa to exercise caution in any innovation geared towards amending the current Pension regulations in the continent in order not to jeopardize the situation of pensioners. Chief Obasanjo stated this in...

For the first time in over two years, the United States has taken over from India as the biggest importer of Nigeria’s crude oil, the latest monthly report from the Nigerian National Petroleum Corporation has shown. The US bought 10.79...

The naira sustained its decline on the parallel market as it slipped to N445 to the dollar yesterday, lower than the N440 to the dollar it closed on Friday as pressure and activities of speculators continued to hurt the...

The Speaker of the House of Representatives, Yakubu Dogara; Governor of Sokoto State, Aminu Tambuwal; Deputy Senate President, Ike Ekweremadu; and other civil society organisations has faulted the country’s current budgeting process, stating that it did not support inclusiveness. They...

The Nigerian Communications Commission has written the Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami, demanding the transfer of the initial N50bn paid by MTN Nigeria Communications to the regulator’s account with the Central Bank...

The African Development Bank is working on giving Nigeria loan facilities of $4.1bn between now and next year for critical sectors of the economy. The loans include $1bn at a concessionary interest rate of 1.2 per cent for Nigeria to...