Economy

The Debt Management Office (DMO) has debunked a media report that Nigeria defaulted in loans repayments to China. A statement...

Nigeria’s Federal Executive Council rose from its weekly meeting presided over by Vice President Yemi Osinbajo in Abuja on Wednesday...

According to the latest Rail Transportation Data for Q3 and Q4 2022 released by the National Bureau of Statistics (NBS),...

The Chinese government has denied any involvement in the funding of terrorism and issued a statement to that effect. The...

The Nigerian National Petroleum Company Ltd. (NNPC Ltd) is ramping up its investments in the Ajaokuta-Abuja-Kano (AKK) gas pipeline and...

According to the Organisation of Petroleum Exporting Countries (OPEC), global primary energy demand is expected to increase by 23% by...

The World Bank says Nigeria’s constant fiscal deficit has worsened the nation’s public debt stock, with 96.3 per cent of...

The International Monetary Fund, IMF, has expressed disapproval of subsidy policies for certain commodities in Nigeria, Kenya and other countries in...

At the ongoing World Bank/International Monetary Fund Spring meetings in Washington DC, the World Trade Organisation Director-General explained that the...

The federal government has secured an $800 million loan from the World Bank in order to provide post-petroleum subsidy palliatives...