Nyesom Wike, the governor of Rivers State, has announced State Government’s acquisition of Shell Petroleum Development Company (SPDC) 45% operating...

The Central Bank of Nigeria (CBN) and the Bankers Committee will on Wednesday commence the implementation of the N22 billion...

The Nigerian government says it is determined to continue to extract over 35,000 barrels per day of crude oil output...

Nigeria is about losing one of its major oil customers, India, as the world’s third-largest oil importer has found a...

The Central Bank of Nigeria (CBN) has said to encourage cashless policy, agent locations would be omitted from paying processing...

By Samson Echenim Leading foods and infrastructure giant, BUA Group and owners of BUA Ports and Terminal, Port Harcourt, has...

By Anastasia Walsh Electrification is an on-going and foundational investment, and a necessary one to realize all modern-day development objectives....

Crude oil prices and a gauge of global equity markets fell on Friday after a report said the administration of...

...as remittances to Nigeria make up 6% of GDP The Central Bank of Nigeria has said it is committed to...

Kenya’s central bank said on Friday that it had approved the merger of Commercial Bank of Africa and NIC Group,...