In a significant development, the Federal Government of Nigeria has finalized its decision to withdraw civil claims amounting to $1.1...

In a significant development, the World Bank has initiated the payment process for the $800 million approved for Nigeria's National...

In a recent revelation, the Niger Delta Power Holding Company (NDPHC), a federal government-owned power firm, disclosed that the Central...

The Federal Ministry of Works, in collaboration with the Lagos State government, officially flagged off the rehabilitation project for the...

The Bola Ahmed Tinubu-led federal government is exploring a novel approach to bolster the value of the naira, leveraging dividends...

Foreign airlines operating in Nigeria have revealed that approximately 90% of their $783 million in trapped funds have yet to...

Global oil prices saw a notable rebound on Monday as top oil exporters Saudi Arabia and Russia reiterated their commitment...

Honeywell Flour Mills Plc, a prominent flour milling company in Nigeria, has faced substantial foreign exchange losses amounting to ₦8.64...

The Lagos State Internal Revenue Service (LIRS) took action on Monday by shutting down 34 corporate organizations for their failure...

The Chairman of Air Peace, Mr. Allen Onyema, has voiced his concerns over the delay in accessing $14 million held...