Oil prices dipped over concerns that OPEC producers would not be able to maintain their high compliance so far with output cuts aimed at reining in a global fuel supply overhang. Brent crude was trading at $55.83 per barrel at...

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending, says it will establish a $300m agribusiness loan project for youth farmers across the country. NIRSAL is an arm of the Central bank of Nigeria that provides agribusiness investments credit risk...

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said the country lost as much as $100bn in revenue last year as attacks by militants in the oil-rich Niger Delta cut crude output to a record low. Kachikwu,...

The Central Bank of Nigeria has debunked claims that about 20 per cent of the naira notes in circulation were counterfeit. The apex bank said in a statement that the security features in the currency had made it difficult for...

The Shell Nigeria Exploration and Production Company (SNEPCO) and Nigeria-AGIP Exploration Ltd have asked a Federal High Court in Abuja to set aside an order for the forfeiture of the OPL 245. The chairman of the Economic and Financial Crimes...

...Systemspecs, FG yet to agree on commission About N5.244 trillion has accrued to the Treasury Single Account (TSA) of the federal government so far, the Accountant-General of the Federation, Mr. Ahmed Idris, disclosed in Abuja at a 2-day retreat to...