Economy

By Emmanuel Nduka The Nigerian government has approved the proposal of Italian oil giants, Eni to sell its Nigerian subsidiary, Nigerian Agip Oil Company (NAOC), to Oando PLC, owned by Wale Tinubu, President Bola Tinubu's nephew....

By John Ikani American crude oil, specifically WTI Midland, has overtaken West African oil, including Nigeria's, as the primary flexible supplier for markets across the Atlantic Basin and Asia, according to energy consultancy Renaissance Energy Advisors....

By John Ikani Nigeria’s stock market suffered a significant decline last week, shedding N1.32 trillion in value. The market closed in the red on four out of five trading days, erasing earlier gains. The downturn was...

By John Ikani The Nigerian Content Development and Monitoring Board (NCDMB) and the Universal Basic Education Commission (UBEC) have agreed to collaborate towards upgrading basic education in the country and building capacities of young Nigerians towards...

By John Ikani While many leading African economies are experiencing a gradual easing of inflation, Nigeria continues to grapple with a persistent surge in consumer prices. The latest data from the National Bureau of Statistics (NBS)...

By John Ikani The Nigerian Content Development and Monitoring Board (NCDMB) and the Senate Committee on Local Content on Sunday began a 3-day retreat at Abuja, aimed at forging closer collaboration between the two entities, to...