- Thursday, June 04, 2026
BusinessDay
Nigeria lost at least $1.8 billion yearly between 2010 and 2019 as a result of the federal government’s protectionist measures,...
The naira has plunged to a new all-time low of N615 against the dollar at the unofficial market amid the...
As the scarcity of petrol bites harder across the country, the black market is booming in several cities across Africa’s...
With no end in sight to the double whammy of soaring petrol subsidy and plunging crude oil production, the World...
The crisis plaguing Nigeria’s downstream petroleum sector has shown no sign of abating as rising crude oil prices have sent...
Electricity operators in Nigeria are facing an uphill task to meet new power commitments of delivering 5,000 megawatts of power...
From manufacturing firms to small service companies, businesses are abandoning the national grid to provide their own power, following abysmal...
It is only the sixth month in 2022 and Nigeria’s creaking grid has collapsed five times, emblematic of the deep-seated...
Despite rising crude oil prices, revenue accruable to the Federation Accounts Allocation Committee (FAAC) from crude sales has nosedived within...
Crude oil rally does not look to slow anytime soon as Brent crude sold $123 on average a barrel Tuesday...
Zainab Ahmed, minister of finance, budget and national planning, said on Tuesday that the country is facing very tough macroeconomic...
In the first quarter of 2022, Nigeria’s oil and gas sector led in volume and value of imports and exports,...
Nigeria has lost its status as Africa’s top oil producer to Angola as the continent’s biggest economy saw its output...
More than 20 years after Nigeria’s last military ruler ordered his troops to “forever resist the seduction and temptation of...
Bola Tinubu, emerged presidential candidate of the ruling party Wednesday after a night of politicking ahead of the February 2023...
