Shareholders of Arik Air, the indigenous airline currently under the control of the Asset Management Corporation of Nigeria (AMCON), have refuted claims that ...

Nigerians are set to pay 30-60 percent more for telecommunications services, including calls and data, following a statement by the Minister of Communications ...

The Federal Airports Authority of Nigeria (FAAN) has revealed that N580 billion is urgently needed to rehabilitate and upgrade runways at airports nationwide. ...

The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, disclosed that the company remitted a staggering ...

Nigeria’s inflation rate surged to 34.80% in December 2024, marking a slight increase from 34.60% recorded in November, according to the National Bureau ...

Nigeria’s crude oil revenue soared to N50.88 trillion in 2024, far exceeding the nation’s initial projections, according to data from the Nigerian Upstream ...

The financial instability of Nigeria’s Electricity Distribution Companies (DisCos), compounded by mounting debts and bank takeovers, continues to undermine the power sector’s performance, ...

The Central Bank of Nigeria (CBN) has imposed a total fine of N1.35 billion on nine Deposit Money Banks (DMBs) for failing to ...

As of September 2024, Nigeria’s telecommunications and ICT firms are grappling with a staggering N1.69 trillion debt owed to Deposit Money Banks. This ...

The Nigerian Communications Commission (NCC) is set to publicly disclose the names of 18 banks that collectively owe a staggering N200 billion for ...