Global economic recovery gaining momentum – IMF

International Monetary Fund (IMF) Managing Director Christine Lagarde said on Wednesday global economic recovery was gaining…

NNPC reduces trade deficit by 16%

The Nigeria National Petroleum Corporation (NNPC) has reduced its trading deficit to ₦14.26 billion by January…

Smuggling has wreaked havoc on Nigeria’s economy- Customs

The Nigerian Customs Service (NCS) has bemoaned the incessant activities of smugglers across the nation’s borders;…

Why Nigeria experienced N290bn trade deficit in 2016 – NESG

The Nigerian Economic Summit Group (NESG), yesterday, gave an insight into why Nigeria experienced trade deficit of…

Pipeline vandalism up by 233%, says NNPC

The rate of pipeline vandalism in the country increased by 233 per cent in January this…

Top quotes of the day

“Growth can only come from investments. It cannot come from consumption.”   Muhammadu Sanusi II, The…

Customs officer allegedly rapes, videotapes online friend

A Customs officer, identified simply as Samuel, has been arrested by the Lagos State Police Command…

Nigeria loses N9bn revenue annually to illegal fish importation

The Association of Indigenous Sea Food Stakeholders says the country loses N9bn revenue annually to illegal…

Work on Lagos-Ibadan rail begins April 14

The Nigeria Railway Corporation (NRC) says that the construction of the Lagos-Ibadan standard gauge rail would…

FAAN probes fire outbreak at Lagos office

The Federal Airports Authority of Nigeria (FAAN) has begun investigation to unravel the cause of the…

There in court for stealing 1,500 litres of diesel at Apapa jetty 

Three workers were on Monday arraigned before an Apapa Magistrates’ Court for allegedly stealing 1,500 litres of diesel.…

Lagos-Ibadan standard rail gauge to begin operation Jan 2019

The Chairman, Board of Nigeria Railway Corporation (NRC), Usman Abubakar, says construction of Lagos-Ibadan standard rail…