Nigeria’s first quarter GDP growth shrinks by -0.52%

The National Bureau of Statistics (NBS) on Tuesday released the Gross Domestic Product (GDP) growth rate…

Somali pirates hijack Iranian fishing vessel to attack bigger ships

Somali pirates hijacked an Iranian fishing vessel on Tuesday to use as a base to attack…

Price of cooking gas rises by 100 % in one year

The price of cooking gas has risen by 100 per cent in Nigeria’s domestic market between April…

Osinbajo seeks Reps approval for additional $1.2bn external loan

Acting President Yemi Osinbajo is seeking the approval of the House of Representatives for $1.280 billion…

NIS appeals to foreign investors to use online platform for visa application

The Nigeria Immigration Service (NIS) has urged foreign investors and companies willing to apply for the…

FG restates determination to stabilise Niger Delta 

The Presidency on Tuesday reaffirmed its determination to stabilise and develop the Niger Delta region through…

EU Ban: NCAA to conduct comprehensive audit of Med-View Airlines operations

The Nigerian Civil Aviation Authority (NCAA) has announced that it will carry out an immediate audit…

Suspected oil militants attack Niger Delta pipeline

Suspected oil rebels attacked a gas pipeline in Nigeria’s restive south, breaking a fragile truce between…

CBN retains 14% interest rate

  The Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Rate (MPR) otherwise…

Crane collapses, damages many containers at Abidjan Port

While docking at the Port of Abidjan’s container terminal on May 18, a cargo vessel hit…

Spanish dockworkers drop strike plans

Spanish dockworkers have shelved their strike plans announced for the following two weeks, the country’s union…

OPEC set to prolong oil cuts as delegates predict smooth meeting

OPEC will likely agree to extend production cuts for another nine months, delegates said on Tuesday…