Federal Government announces an immediate ban on oil pipeline imports, aiming to revitalize the domestic oil and gas sector.

"One of the significant risks associated with export business is the payment default risk. So, it is necessary to understand ...

The World Bank projects a rise in Nigeria's poverty levels over the next two years, despite a moderate economic growth ...

Spring Meetings of the International Monetary Fund (IMF) and the World Bank closed yesterday, the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, said he would return to ...

The Federal Government has charged Renaissance Africa Energy with ramping up crude oil production at facilities under its control.Renaissance Africa Energy Company is a consortium uniting five energy ...

Nigeria and South Africa, two of Africa’s most prominent economies, have been projected to see weaker GDP growth rate in 2025.

The IMF report on Africa’s economy has identified the ten poorest countries in Africa which have the lowest gross domestic ...

A fully laden truck with registration number GGE 624 YJ lost control on Saturday and fell from atop the Pen Cinema Bridge in Lagos, landing on two commercial buses parked beneath the bridge, leaving ...