Nigeria’s GDP contracts by 2.24% in 3rd quarter

The National Bureau of Statistics (NBS) said Nigeria’s Gross Domestic Product (GDP) in real terms declined…

Economic crisis deepens as businesses struggle to access foreign exchange

Nigeria’s economic slump sharpened in the third quarter as rebels bombed oil pipelines in the restive…

Buhari begs militants to stop destroying oil pipelines

President Muhammadu Buhari has appealed to the people of the Niger Delta to embrace peace and…

Fugitive Tompolo disowns militant group over planned attack

A former Niger Delta militant, Government Ekpemupolo also known as Tompolo, on Sunday disowned the Niger…

Manufacturers lost N500bn to flexible foreign exchange policy — MAN

The Manufacturers Association of Nigeria (MAN) on Thursday said Central Bank of Nigeria’s flexible exchange rate…

CBN lifts manufacturing, power with $660m forex disbursements

The Central Bank of Nigeria (CBN) has disbursed $660.17 million to 1,342 manufacturers, power and other…

Groups battle Amaechi over N2.5bn fund, say Minister has no powers to regulate clearing agents

Confronted with the lingering controversial issues of payment and sharing of the Practitioners Operating Fees (POF),…

Court sentences ‘wharf rat’ to 5 hours community service for stealing in Apapa port

37-year-old Victor Sunday, who stole 10 pieces of anchor hooks valued at N50, 000.00 at ENL…

Indemnify yourselves against importers, Customs boss tells agents 

  Area Controller, Tin Can Island Port command of the Nigeria Customs Service (NCS), Comptroller Bashir…

Avengers ‘blow up 3 pipelines’, say doomsday ahead

The Niger Delta Avengers (NDA) says it has blown up three pipelines operated by Agip, Oando…

Nigeria inflation grows to 18.4% in October – NBS

Nigeria’s inflation rate grew geometrically in September as Consumer Price Index (CPI) rose by 0.48% bringing…

Ben Bruce: Plane crash looms as operators fail to service aircraft

Senator Ben Murray Bruce, has said that air disaster looms in the country as Nigerian airlines…