Nigeria is one of Africa’s largest crude oil producers and most of its exploration happens in the south of the country. A ...

Section 18 of Nigeria’s Fiscal Responsibility Act (FRA) 2007 states that the “President shall submit the Appropriation Bill to the National ...

Petrol production at Nigerian business tycoon Aliko Dangote’s $20bn (£15.5bn) state-of-the-art oil refinery ought to be some ...

The Dangote Petroleum Refinery has offered to supply 60 million litres petrol to IPMAN weekly, which translates to 240 ...

Despite expectations that the Dangote Refinery will transform Nigeria's energy landscape and increase supply, imported petrol ...

The FG has requested a $1 million grant from the AfDB for food aid targeting over 122,000 individuals affected by floods.

“The rise in Food inflation on a year-on-year basis was attributed to increases in prices of Guinea Corn, Rice, Maize Grains, ...

NNPC Limited and oil marketers imported 1.5 million metric tonnes (mts) of Premium Motor Spirit (PMS) or two billion litres ...

CBN plans to auction a N610.08 billion worth of treasury bill as the United Kingdom Office for National Statistics is ...

The October inflation figure represents a 1.18 percentage point increase from September's rate, reflecting a sharper rise in ...

Nigeria imported 1.947 million metric tonnes (MT) of fuel in 42 days, despite insistence by the Nigerian National Petroleum ...

The National Bureau of Statistics (NBS) in its October report on inflation says Adamawa, Sokoto and Yobe states were the worst hit by food inflation as Nigeria’s headline rose to 33.88% against 32.70% ...