Economy Archives

Business News

Nigeria’s Government Focuses on Job Creation and Wealth through Agriculture

The Federal Government aims to boost Nigeria’s economy by enhancing the agricultural sector.

Pedestrian walking past a bar window in Australia.

Business News

Australia’s Central Bank Raises Interest Rate to Highest Level in 18 Years

The Reserve Bank of Australia increases its key interest rate to 4.85% amid ongoing inflation and global tensions.

President Tinubu praying inside the Holy Ka’abah in Makkah.

News

Tinubu Sees Hope for Nigeria’s Future After Spiritual Retreat in Saudi Arabia

President Tinubu believes his administration’s reforms will lead to national prosperity.

Voters casting ballots during a midterm election.

News Politics

U.S. Midterm Elections Arrive as Voters Worry About Economy

As midterm elections approach, many U.S. voters express concerns about the economy and inflation.

Protesters holding banners during a labor demonstration.

Issues News

Disagreement Between NLC and TUC Could Hurt Workers’ Bargaining Power

Experts warn that the ongoing rift between Nigeria’s key labor groups may weaken their negotiating strength.

Nigerian House of Representatives building

Business News

Nigeria’s House of Representatives Seeks to Update 1957 Trustee Investment Act

The House of Representatives is working to revise Nigeria’s outdated Trustee Investment Act to enhance investment options.

Plateau State Governor Caleb Mutfwang speaking at an event.

News Politics

Plateau Governor Blames Buhari’s Policies for Current Economic Challenges

Caleb Mutfwang says the previous administration’s actions have left Nigeria in debt as it prepares for the 2027 elections.

Students blocking the entrance of a high school in Paris during protests.

News

French Students Renew Protests After Autumn Break

Students across France are blocking high schools to continue their protests over education issues.

Alhaji Aliko Dangote speaking at Lotus Capital's anniversary event.

Business News

Dangote and Sanusi Encourage Lotus Capital to Boost Investments in Nigeria’s Economy

At Lotus Capital’s 20th anniversary, leaders call for more focus on real economic sectors.

News Politics

NDC Leader Criticizes Kalu’s Focus on Presidential Term Instead of Economic Issues

Peter Agubuzu of the Nigeria Democratic Congress urges leaders to prioritize economic challenges over political debates.

Governor Monday Okpebholo of Edo State during a public event.

News

Edo Governor Monday Okpebholo Embraces New Nickname from Residents

Governor Monday Okpebholo shares his joy over a new nickname given by Edo residents during a live broadcast.

Vice President Kashim Shettima speaking at an event.

News Politics

Vice President Shettima Calls for Government to Address Economic Concerns

Kashim Shettima emphasizes the need for transparency and public engagement in economic reforms.

Christine Lagarde speaking at a press conference in Frankfurt, Germany.

Business News

Christine Lagarde to Leave ECB Presidency in February 2027

European Central Bank President Christine Lagarde will step down early, allowing for new leadership before French elections.

Governor Dapo Abiodun speaking at a community meeting in Ijebu-Ode.

News

New Awujale of Ijebuland to Be Announced Before May 29, Says Ogun Governor

Governor Dapo Abiodun promises the people of Ijebuland that a new Awujale will be appointed soon.

Map showing the effects of El Niño on climate patterns.

Issues News

Understanding El Niño and Its Impact on Nigeria’s Climate and Economy

El Niño is a climate pattern that can significantly affect Nigeria’s weather, agriculture, and public health.

Customs officers inspecting seized goods in Adamawa.

News

Customs Seize ₦79 Million Worth of Smuggled Goods in Adamawa

The Nigeria Customs Service confiscated fuel, rice, and other items valued at nearly ₦80 million in Adamawa State.

Business News

Volvo Cars Reports Loss and Plans to Cut 2,500 Jobs Globally

The Swedish carmaker faces challenges from tariffs and competition, leading to significant job cuts.

Katsina State Government officials announcing the grant program for small businesses.

Business News

Katsina State Launches N3.1 Billion Grant Program for Small Businesses

The Katsina State Government has introduced a grant program to support over 62,000 small businesses.

Graph showing the rise in Nigeria's money supply

Business News

Nigeria’s Money Supply Grows by N7.51 Trillion to N146.6 Trillion in September

The Central Bank of Nigeria reports a significant rise in the country’s money supply, indicating increased liquidity.

Taiwo Oyedele speaking at Chatham House in London.

Business News

Nigeria’s Finance Minister Discusses Economic Reforms and Household Challenges

Taiwo Oyedele highlights the impact of economic reforms on living conditions in Nigeria.