The All Progressives Congress (APC) has rejected the position of Financial Times that Nigeria is becoming a failed country under President Muhammadu Buhari.
In a...
The Nigerian economy has slipped into its second recession in five years after the gross domestic product contracted the second consecutive quarter.
The National Bureau...
Nigeria’s finance minister Zainab Ahmed on Thursday predicted that coronavirus pandemic and falling oil prices may lead the country into another recession.
Except Nigeria and other countries in Africa handle the crisis created by COVID-19 with care, it may fuel further conflicts and instability, the Mo Ibrahim Foundation (MIF) has warned.
The nation’s economy expanded more slowly in the first quarter of 2019 than it did in the fourth quarter of last year, the National Bureau Statistics said on Monday.
A report by the World Bank group has categorised Nigeria amongst the countries that did not show any progress in their economic performance from 1995-2008 to 2015-18.
Twin explosions have unsettled the People’s Democratic Party (PDP) secretariat in Port Harcourt, Rivers State.
The explosion, which occurred at about 3pm Thursday during the...
The House of Representatives Committee on Public Accounts has summoned the Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Mele Kyari, to...