President Muhammadu Buhari on Friday called on member countries of the Economic Community of West African States to intensify efforts at achieving the single currency programme by 2020. He said [ … ]

The National Bureau of Statistics on Friday released the Consumer Price Index, which measures inflation, with the rate rising from 11.14 per cent in July to 11.23 per cent in [ … ]

A syndicate specialised in the production of substandard and adulterated paint products have been apprehended in Port Harcourt, Rivers State by officials of the Standards Organisation of Nigeria (SON). This [ … ]

The inability of some countries within the West African Monetary Zone to meet up with the macroeconomic convergence criteria is currently threatening the take-off of the single currency regime for [ … ]

Increase in crude oil price, as well as domestic oil production, raised the nation’s revenues from oil, which made the three tiers of government to share N2tn in the second quarter [ … ]

The Nigerian National Petroleum Corporation (NNPC) has said it is considering going into a partnership with the China National Offshore Oil Corporation (CNOOC), to develop its expertise in oilfield services. [ … ]

The Central Bank of Nigeria (CBN) is to auction treasury bills worth N1.024 trillion in the fourth quarter of this year. The central bank stated this in its Nigerian Treasury Bills Issue programme for the [ … ]

The Federal Inland Revenue Service (FIRS) will be probing the bank accounts of 6,772 billionaire tax defaulters, using commercial banks’ data, Chairman Tunde Fowler has said. Speaking during a stakeholders’ [ … ]

The nation’s equities market depreciated by N687bn in August this year, as the Nigerian Stock Exchange market capitalisation closed downwards at N12.722tn, a new report of the summary of trading [ … ]

A technical committee consisting of the Organisation of Petroleum Exporting Countries and non-OPEC producers will discuss proposals for sharing out an oil output increase, sources familiar with the matter have [ … ]