The over 25 foreign airlines flying into Nigeria have lost a combined sum of $240m (N67.2bn) following the adoption of a new foreign exchange policy by the Central Bank of Nigeria, the  Punch investigations have revealed. The International Air Transport Association, the global trade body...

Global oil benchmark, Brent crude, fell by five per cent to a two-month low on Thursday after the United States government reported a weekly crude draw within analysts’ forecasts, disappointing market bulls who had expected larger declines. Brent, against which half of the world’s oil...

The rampaging militant group, Niger Delta Avengers, on Wednesday night attacked three oil manifolds belonging to Chevron Nigeria Limited around the creeks of Warri in Warri North Local Government Area of Delta State. There was however a drama after the militants blew up the facilities...

...Avengers says FG talking to fraudsters, another group threatens oil facilities in Bayelsa President Muhammadu Buhari has again pleaded with militants in the Niger Delta to change their minds and has promised them justice, even as he has made it abundantly clear that the nation’s...

Some financial experts today urged quoted companies on the Nigerian Stock Exchange (NSE) to adhere to post-listing requirements to reduce the spate of delisting on the bourse. They said that the management of quoted companies should endeavour to comply with NSE post-listing requirements to avoid delisting...

The Federal Government spent a total of N446.44bn to service the nation’s domestic and external debts between January and April this year, figures obtained from the Federal Ministry of Finance have revealed. The figures are contained in the Consolidated Income and Disbursement Account of the...