...Finance minister says no confusion in handling of economy The federal government has approved a three-year rolling external borrowing plan. Briefing State House Correspondents after the Federal Executive Council (FEC) meeting held in Abuja, the Minister for Finance, Mrs. Kemi Adeosun,...

The Standards Organisation of Nigeria has said it will ensure that Nigerians comply with the minimum standards for electrical equipment, especially refrigerators and air-conditioners. The acting Director-General, SON, Mr. Paul Angya, who stated this in Lagos, said the move would...

Crude oil export from Nigeria is expected to increase by about 380,000 barrels per day in the next few days, following the expected return of Shell’s Forcados crude pipeline by mid September. The Chief Executive Officer, Shoreline Group, Mr. Kola...

Aero Contractors Airlines, Nigeria’s second largest commercial carrier, has confirmed an exclusive report of The PUNCH by announcing the suspension of its scheduled services beginning from Thursday September 1, 2016. On Monday, August 22, 2016, The PUNCH exclusively reported that...

The Central Bank of Nigeria said it had readmitted to the foreign exchange market banks that were suspended last week for non-remittance of $2.12bn belonging to the Nigerian National Petroleum Corporation. They are FirstBank of Nigeria ($469m); Diamond Bank ($287m);...

The Minister of Finance, Mrs. Kemi Adeosun, has admitted that Nigeria was in its worst possible time with the Gross Domestic Product figures for the 2016 second quarter released by the National Bureau of Statistics showing the nation’s economy now...