European Union (EU) official Fillippo Amato yesterday advised the Federal Government to devalue the Naira as part of measures to tackle the economic recession. Amato, Counsellor, Head of Trade and
Business
Global oil benchmark, Brent crude, extended its rally on Sunday to hit the $50 per barrel mark, the third time this year. This comes as the expected return of the
Dangote Cement Plc and BUA Group have turned to locally-mined coal to fire their cement plants and to lower its production costs. The decision, the companies said, was because of
All Progressives Congress (APC) stalwart Asiwaju Bola Tinubu has said that Nigeria needs the the sacrifice of all to overcome the prevailing economic recession. In a brief remark at the
Nigeria needs to tap into its enormous natural and human resources to redirect her economy away from dependence on oil
The Indian Government has promised to increase the volume of crude oil it buys from Nigeria. The Asian country also
The African Development Bank (AfDB) has approved a $1 billion loan to cover the deficits in Nigeria’s 2016 budget, which
The naira was sold at the parallel market for 440 per dollar on Sunday, as the lingering foreign exchange scarcity
The Federal Government will soon begin an evaluation of the rate of compliance by state governments with the implementation of
Oil prices rose over the week despite late profit-taking, as traders switched attention to a looming meeting of key producers
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