Economy

By Enyichukwu Enemanna Saudi Arabia's Finance Minister, Mohammed al-Jadaan has announced that Saudi Fund for Development will sign agreements worth 2 billion riyals ($533 million) with African countries. Jadaan stated this on Thursday during the Saudi-Arab-African...

By John Ikani The Federal Government of Nigeria is on the verge of sealing a deal with Algeria to establish a direct flight route between the two nations. The Minister of Aviation and Aerospace Development, Festus...

By John Ikani Nigeria's local stock market continued its upward trend for the third consecutive trading session this week, with the benchmark index edging up by 0.23% on Wednesday. The All-Share Index saw a 0.23% appreciation,...

By Emmanuel Nduka Australia’s consultancy giant – PwC, will cut more than 330 jobs, as the firm deals with the fallout of a scandal involving the misuse of confidential Treasury information. According to Guardian UK, the partnership...

By John Ikani The Nigerian National Petroleum Company Limited (NNPCL) and Aiteo Joint Venture have unveiled a new addition to the international crude oil market, the Nembe crude oil grade. The introduction of this new grade...

By John Ikani The ongoing construction of the $5bn Train-7 project being undertaken by the Nigeria Liquefied Natural Gas (NLNG) at Finima, Bonny Island, Rivers State has reached 52 percent and currently engages 8,300 Nigerians of...