Economy

Nigeria’s Securities and Exchange Commission has suspended previously announced plans to regulate cryptocurrencies, until those dealing in them are able to open bank accounts in the West African nation. “For the purpose of admittance into the...

As part of the Human Capital Development Programme for the NLNG Train 7 Project, over three billion Naira (US$6m) has been set aside for the strengthening of the LNG and Gas Research Centre at the University...

The federal government yesterday approved a new medium-term debt management strategy for Nigeria for the period of 2020-2023. The Debt Management Office (DMO) confirmed this in a statement yesterday, saying the approval was made at the...

President Muhammadu Buhari has performed the groundbreaking for the commencement of the construction of $1.96 billion Kano-Maradi 284 kilometre standard gauge rail line with a branch line from Kano to Dutse. The $1.96 billion project was...

The Chairman and Founder of the BUA Group, Alhaji Abdulsamad Rabiu, has attributed the high price of cement and sugar in the country to higher demand over supply of the product. Speaking to reporters in Lagos,...

The Central Bank of Nigeria (CBN) says it will continue to do all within its regulatory powers to educate Nigerians to desist from use of cryptocurrencies — despite growing criticism. The apex bank in a statement...