Africa’s first zero-coupon dollar bond is getting closer to reality, testing the appetite of credit investors to forgo income for...

The Lagos State government has added 360 units of 3-bedroom flats to the existing housing stock in the state. The...

Oil climbed to the highest in almost two weeks as traders looked ahead to this week’s OPEC+ meeting with speculation...

Ships started moving again through the Suez Canal on Monday after the giant container ship that lay stranded across the...

Africa’s largest crude producer says it’s spending up to 120 billion naira ($294 million) monthly on gasoline subsidies, setting up the stage...

The Governor of the Central Bank of Nigeria, Godwin Emefiele, says the price per bag of rice has reduced compared...

House of Representatives, yesterday, ordered immediate probe of over $25 billion allegedly spent by the Nigeria National Petroleum Corporation (NNPC)...

The amount spent on the importation of Premium Motor Spirit (petrol) rose by 17.54 per cent to N2.11tn last year,...

Saudi Arabia’s majority-owned state-owned firm, Saudi Aramco, is paying shareholders $75 billion in dividend, an amount twice the size of...

Nigeria’s state-owned oil company plans to become a minority shareholder in its largest refinery after finishing refurbishments on it, according...