ABUJA – Rail service in Nigeria’s capital city resumed on Monday, eight months after assailants attacked a train with explosives and gunfire, killing seven people and abducting dozens of passengers.

Nigeria’s capital importation in the third quarter of 2024 saw a significant decline of 51.90 per cent, totalling $1.25bn, compared to $2.60bn recorded in the preceding second quarter of the year.

The National Bureau of Statistics (NBS) said in the first quarter 2024 total capital importation rose to $3.3billion from $1.1million recorded in the first quarter of 2023 (Q1 2023). This was ...

Ecobank Nigeria is trying to fend off concerns that it will default on a $150 million bond coming due in February. It wants ...