The Central Bank of Nigeria says its new policy that significantly limits the withdrawal of money by individuals and organisations from banks will proceed amidst calls for the move to be reversed. After a meeting with...
Oil prices were stable on Friday but both benchmarks were headed for a weekly loss on worries over weak economic outlooks in China, Europe and the United States weighing on oil demand. Brent crude futures were...
Vice President Yemi Osinbajo on Wednesday departed Hanoi, the capital of Vietnam, for New York in the United States (US) to participate in a high-level meeting on African Carbon Market, scheduled for Friday. Osinbajo, who had...
Oil rebounded on Thursday after four sessions of decline, boosted by hopes that easing anti-COVID measures in China will revive demand and by signs that some tankers carrying Russian oil have been delayed after a...
The Federal Government on Tuesday inaugurated a special investigation panel to check crude oil theft in the country, with the national security adviser, Babagana Monguno, saying the federal government may lose $23 billion in 2023...
President Muhammadu Buhari has assured the International Civil Aviation Organisation (ICAO), that Nigeria will continue to make significant investments in the provision of aviation infrastructure for safe, secure, environmentally friendly and sustainable economic development of...
President Muhammadu Buhari has directed the Ministry of Aviation to reorganize the agencies under its watch to conform with the new Civil Aviation Act recently signed into law. The president hinted that the Act, which as...
Prime Minister Pham Minh Chinh hailed the development of bilateral ties between Vietnam and Nigeria, while receiving Vice President of Nigeria Yemi Osinbajo in Hanoi on December 5. He suggested deepening bilateral ties in a substantive...
President Muhammadu Buhari on Sunday called on the new management team at ECOWAS Commission, led by Dr. Omar Alieu Toure, to complete the review and harmonisation of ongoing reforms aimed at strengthening the sub-regional body. Buhari...
Oil prices rose on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and a price cap kicking in on Russian crude. Also, in a positive sign for fuel demand,...