Category: Economy

Nigeria reaffirms commitment to deepening China partnership

Nigeria has reaffirmed its commitment to strengthening its strategic, bilateral trade and economic partnership with...

US stocks slide as rate cut hopes linger

United States equities ended lower on Monday as investors weighed expectations of additional interest rate...

Egypt cuts interest rate again as inflation pressures eases

Egypt’s central bank on Thursday reduced its benchmark deposit rate by 100 basis points to...

UK recorded over £20bn defence exports in 2025

The United Kingdom has recorded over £20 billion in defence exports in 2025, the highest...

Nigeria’s Q2 2025 fiscal deficit hits ₦2.66trn

Nigeria recorded a fiscal deficit of ₦2.66 trillion in the second quarter of 2025, remaining...

Capital importation dropped 62% in August

Nigeria’s capital importation declined sharply by 62 per cent on a month on month basis...

Solid minerals revenue soars as NLNG dividends hit zero

Nigeria’s revenue from solid minerals surged to almost three times its target in 2024, while...

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...