Category: Economy

Nigeria suffers N3.15tn trade deficit after Trump’s tariff order

Nigeria’s exports to the United States declined by ₦940.98bn in the first nine months of...

CBN survey predicts stable naira, lower interest rates in 2026

The naira is expected to remain largely stable over the next six months, while borrowing...

Tinubu seeks annulment, extension of 2024, 2025 budgets

President Bola Tinubu has asked the House of Representatives to repeal and re-enact the 2024...

Ondo deep seaport to boost regional trade — Aiyedatiwa

Ondo State Governor, Lucky Aiyedatiwa, has said the proposed Ondo Deep Sea Port will function...

Nigeria’s inflation hits five-year low, drops to 14.45%

Nigeria’s headline inflation rate slowed to 14.45 per cent in November 2025, down 1.6 percentage...

Nigeria’s trade balance surges 43.8% in first nine months of 2025

Nigeria’s total trade balance experienced a significant rise, increasing by 43.8 per cent year-on-year to...

Otti partners US gov for Abia’s economic growth

Abia State Governor, Alex Otti, has expressed his readiness to collaborate with the Governor of...

UK economy unexpectedly shrinks again

Britain’s economy unexpectedly contracted for a second consecutive month in October, according to official data...

Asian stocks rise after US Fed rate cut

Asian equities experienced a rise on Friday as investors reacted to a record-breaking day on...

Nigeria, Russia seek to revive stalled economic cooperation

Russia’s Ambassador to Nigeria, Andrey Podelyshev, has expressed his country’s commitment to reviving economic cooperation...

New tax laws target investment, fiscal stability, FIRS assures

The Federal Inland Revenue Service has stated that Nigeria’s newly enacted tax laws are designed...

United Capital forecasts Nigeria’s inflation rate to decline to 15.48%

United Capital Plc analysts have forecasts that Nigeria’s headline inflation rate will experience a further...