On 2 October Nigeria banned imports of all textiles in a bid to revive its own ailing industry. It now depends on imports from Asia, some of them...

Friends of President-elect General Olusegun Obasanjo say he is incensed by the decision of the outgoing military regime under Gen. Abdulsalami Abubakar to award 11 oil exploration blocks...

The threat of more mass protests and the spiralling cost of petrol, over 1,000 naira (62 US cents) a litre in parts of Nigeria, have played to Aliko...

As oil prices crash to an 18-year low in the wake of the coronavirus pandemic, weakening global demand, and a price war, President Muhammadu Buhari's spending plans are...

Global financial chaos and falling demand for oil and minerals are prompting recalculations on all sides. The IMF and World Bank have revised down their gross domestic product forecasts...