Following the myriad of suggestions favouring adjustment in the price of petrol, the board of the Petroleum Products Pricing Regulatory Agency (PPPRA), the agency responsible for fixing fuel price, will meet on Thursday to consider among other issues, the...

An acute shortage in the supply of diesel and kerosene has hit filling stations nationwide, a situation which may fuel inflation on foods and other consumables if not averted quickly. Daily Trust report that imports of diesel and kerosene have...

The Minister of Labour and Employment, Sen. Chris Ngige, has reaffirmed the commitment of the President Muhammadu Buhari administration to the enhancement of the welfare of Nigerian workers by ensuring that employers of labour at all levels comply with...

The Central Bank of Nigeria, CBN, has resolved to retain all monetary policy rates, amid fears the new U.S. government’s decision to review trade agreements with most countries could negatively impact global economy. At the end of the Monetary Policy...

President Muhammadu Buhari has informed the Senate that the Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ibrahim Magu, and the Secretary to the Government of the Federation, SGF, Babachir Lawal, have been cleared of alleged...

Africa Finance Corporation (AFC), a leading pan-African multilateral development finance institution and project developer, has issued its maiden Sukuk, the highest-rated ever Sukuk issuance from an African institution. Following high levels of investor interest, the initial target of US$100 million...