Nigeria imports rice worth $6m daily – Ogbeh

The Federal Government has said the country spends $6m on the importation of rice daily. The…

Court declines jurisdiction to hear case against Customs boss

A Federal High Court sitting in Lagos, has declined jurisdiction to entertain the case challenging the…

World’s largest ship lift set to enter its trial stage in 2 days time

World’s largest ship lift in the Three Gorges Dam in central China is to enter its…

Global oil prices dip on Libya, Nigeria fuel supply

World oil prices fell Friday as the prospects of higher output from Libya and Nigeria further…

Nigerian inflation rises to 17.6 percent in August

Annual inflation in Nigeria accelerated to 17.6 percent in August, a fresh 11-year high and the…

Recession: FG releases fresh N350bn to boost economy

The Federal Government in a bid to stimulate economic activities says it is releasing additional N350bn…

Report accuses European oil companies of selling dirty, toxic fuel to Africa

European oil companies, especially Swiss commodity traders, are exploiting weak African fuel standards by selling toxic…

EXCLUSIVE: NPA boss appoints new Port Managers

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has approved the appointment of…

Court to rule today on suit challenging Hameed Ali’s appointment as Customs CG

A Federal High Court in Lagos, has fixed Friday, Sept. 16, to deliver judgment in a…

Ambode approves N740m compensation for Lagos Free Trade Zone host communities 

Lagos State Governor, Akinwunmi Ambode on Thursday approved a total sum of N740,461,432.00 as compensation for…

Recession: We must think out of the box, says Buhari

President Muhammadu Buhari has said that the current recession requires “out-of-the-box” thinking to deploy strategies that…

Navy arrests 11 suspected oil thieves 

The Nigerian Navy has arrested 11 suspected crude oil thieves in Delta State. The Director of…