Africa: 4th Largest Economy by 2050 Says WTO
Groundbreaking WTO analysis projects Africa's economic rise to global top four within decades, driven by population growth and strategic investments.
Category : Economy
German Factory Orders Decline in June 2024
Germany's factory orders unexpectedly fell in June 2024, raising concerns about Europe's largest economy. Latest data shows manufacturing sector struggles continue.
Naira Stages Impressive Comeback Against Dollar
Nigeria's currency shows remarkable strength with improved FX liquidity and growing reserves, signaling positive economic turnaround.
Naira Rebounds Against Dollar Amid Trump Election Concerns
Nigeria's currency makes impressive recovery in parallel market while official rate weakens. Expert analysis reveals how Trump's political comeback threats are impacting forex trading patterns.
BMW Boosts Profitability Despite China Tariff Challenges
German automaker BMW showcases remarkable resilience as it navigates China's new tariff landscape while posting strong financial performance and maintaining competitive edge.
Toyota Raises Profit Forecast Amid Nigerian Tariff Concerns
Toyota Motor Corporation significantly increases its full-year profit projections amid weak yen and strong sales, but Nigerian consumers may bear the brunt through increased tariffs.
Trump-Xi Trade Talks: Global Economic Implications
As Trump and Xi prepare for crucial trade discussions, global markets watch closely. Discover the current state of China-US trade relations and potential outcomes.
Tinubu Seeks Senate Approval for ₦15.4 Trillion Loan
President Bola Tinubu has formally requested Senate approval for a ₦15.4 trillion loan facility to address critical infrastructure gaps and economic challenges. Get the full details on this major financial move.
Tinubu Seeks Senate Approval for ₦1.15tr Borrowing
President Bola Tinubu requests Senate approval for ₦1.15 trillion domestic borrowing to fund infrastructure projects and economic development initiatives across Nigeria.
Lagos to Showcase Climate Leadership at COP30
Lagos State Government prepares to demonstrate its groundbreaking climate initiatives and sustainable urban development models at the upcoming COP30 global climate summit in Brazil.
Nigeria's Future: Substance Over Political Rhetoric
As Nigeria faces critical economic challenges, experts argue that deep structural reforms and consistent policies matter more than political grandstanding for sustainable development.
Global Experts Demand Action on Inequality Crisis
Economic experts worldwide are calling for an international panel to address the growing inequality crisis threatening global stability and economic growth.
Redirect Subsidy Savings to Infrastructure - Expert Urges FG
Economist Dr. Muda Yusuf advocates for transparent investment of subsidy removal funds into roads, power, and social infrastructure to boost Nigeria's economy.
Pfizer Profits Dip as COVID Vaccine Sales Decline
Global pharmaceutical giant Pfizer experiences significant profit decline amid falling COVID-19 product sales. Analysis of impact on Nigerian healthcare market and future outlook.
Naira Eurobonds Rally Defies Trump Military Threat
Nigeria's Eurobonds experience significant rally despite Donald Trump's military threat, showcasing strong international confidence in Nigeria's economic prospects.
Trump Threat Worsens Naira Crisis - CPPE
Former US President Donald Trump's recent military threat against Nigeria is causing investor confidence to plummet and worsening the naira's instability, according to the Centre for the Promotion of Private Enterprise.
NLC, NECA warn of mass job losses over business policies
Nigeria's leading labour and employer groups issue urgent warning to government over harsh economic policies that could trigger massive job cuts and business closures nationwide.
Nigeria Private Sector Growth Hits 6-Month High
Nigeria's private sector shows strongest growth in six months as business output and new orders surge, signaling economic recovery despite persistent inflation challenges.
Fed's Cook: Inflation to Stay Elevated in 2024
Federal Reserve Governor Lisa Cook signals persistent inflation concerns as price pressures prove more resilient than expected, impacting global economic outlook.
Tinubu's Carbon Market Framework Earns High Praise
President Bola Tinubu receives widespread commendation for Nigeria's groundbreaking Carbon Market Framework, positioning the nation as Africa's climate action leader while creating new economic opportunities.
Partial Food Stamp Benefits Due to Government Shutdown
Trump administration confirms partial SNAP benefits for November due to ongoing government shutdown. Millions of low-income families face uncertainty as food assistance programs hit crisis point.
World Bank Confirms Nigeria's $1 Billion Loan Request
The World Bank has confirmed receiving President Tinubu's request for a $1 billion loan to support Nigeria's economic reforms and development projects. Get the full details on how this funding will impact the nation.
NASS Loan Approval: Why Nigerians Shouldn't Worry
Government official reveals why the National Assembly's approval of a $2.347 billion loan shouldn't worry citizens - and how it will actually benefit Nigeria's economy and infrastructure development.
15% Import Tariff: New Burden for Nigerians?
President Tinubu's new 15% import tariff sparks nationwide concern as experts warn of devastating impact on cost of living and struggling businesses.
Naira Hits 2025 High as Reserves Surge - Economic Boost
Nigeria's currency surges to strongest position this year while foreign reserves climb significantly, signaling robust economic recovery under CBN's strategic reforms.
Germany Slashes Industrial Power Costs from 2025
German government announces significant electricity price cuts for industries starting January 2025, offering relief to manufacturers amid economic challenges.
Naira Hits 2025 Peak as Reserves Reach $43.17 Billion
Nigeria's currency hits strongest position this year while foreign reserves climb significantly, signaling economic turnaround under CBN's new reforms.
Private Sector Crucial for AfCFTA Implementation - Experts
Industry leaders and economic experts are calling on Nigerian businesses to actively participate in the African Continental Free Trade Area implementation to harness massive economic opportunities across Africa.
NECA Commits to Migration Reforms for Nigerian Workforce
Nigeria's leading employers' association commits to transformative migration reforms, creating new opportunities for skilled professionals and addressing labour market challenges.
Lagos Waste Becomes $2.5B Circular Economy
Discover how Lagos State is transforming its notorious waste crisis into a thriving $2.5 billion circular economy, creating jobs and sustainable solutions.
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