The Southwest Development Commission reveals comprehensive strategy to transform Nigeria's southwest region into Africa's next economic powerhouse through infrastructure, agriculture, and technology investments.
Nigeria faces economic uncertainty as NBS fails to release crucial GDP figures amid nationwide strike, leaving investors and policymakers in the dark about economic performance.
Lagos State Governor Babajide Sanwo-Olu has initiated a massive ₦2.7 billion financial relief program for vulnerable households, while the Federal Government expands its cash transfer scheme nationwide with ₦75,000 payments to millions of Nigerians.
Japanese automaker Nissan projects massive ¥180 billion operational loss for 2025-26 fiscal year. Company announces aggressive turnaround strategy including new models and cost reduction measures.
Italy's administrative court halts controversial Messina Strait Bridge project, triggering furious response from Prime Minister Giorgia Meloni who vows to continue fighting for the infrastructure development.
America's economic pulse becomes impossible to monitor as federal agencies halt data releases during government shutdown, leaving investors and policymakers flying blind.
Nigeria's economic outlook shows promising signs of improvement as the Inflation Working Group manager confirms the economy is approaching stability with reduced inflation and strengthened Naira.
Recent phone discussions between Chinese President Xi Jinping and former US President Donald Trump generate hopeful signals for China-Africa trade partnerships, with Nigerian economists watching closely for potential benefits.
The Eurozone economy has delivered a powerful performance, exceeding all forecasts with stronger-than-expected growth in the first quarter of 2024, driven by Germany's recovery and resilient consumer spending.
The Nigerian Naira experiences remarkable recovery, reaching its strongest position in 10 months as dollar exchange rates plummet across official and parallel markets.
Leading Nigerian financial analysts are urging the Central Bank to introduce higher denomination notes to combat inflation and improve cash transaction efficiency across Nigeria's economy.
German automaker Volkswagen reports staggering €1 billion quarterly loss amid EU-China tariff tensions and Porsche challenges. Discover how this impacts global automotive markets.
World's wealthiest economies unite to counter China's dominance in essential minerals powering electric vehicles and clean energy technologies. Discover how this global shift could create new opportunities for Nigeria's mining sector.
The Bank of Japan maintains ultra-low interest rates while signaling potential future hikes as yen weakness and inflation concerns persist. Get the latest analysis on Japan's monetary policy direction.
Ogun State Government unveils comprehensive road construction initiative aimed at boosting economic development, enhancing connectivity, and attracting investments across the state.
European Central Bank maintains interest rates despite inflation concerns. Analysis of how this decision impacts Nigeria's economy, trade relations, and the global financial landscape.
The potential US government shutdown threatens to halt crucial economic data releases, leaving investors and policymakers in the dark during economic uncertainty. Federal agencies prepare for closure as Congress struggles to reach funding agreement.
New UN report reveals staggering $3.1 trillion needed for climate adaptation in Nigeria and other developing countries, with current funding falling dangerously short of urgent needs.
Samsung Electronics reports impressive 32% profit surge in first quarter 2024, driven by AI boom and memory chip recovery. Find out how the Korean tech titan is beating expectations.
Argentina's President Javier Milei unveils sweeping economic reforms targeting taxes, labour laws, and pensions in bold bid to rescue nation from crisis.
World leaders anxiously await the outcome of crucial Trump-Xi talks at G20 summit as both economic giants seek resolution to damaging trade conflict affecting global markets.
President Cyril Ramaphosa is negotiating a strategic tariff agreement with the European Union to strengthen South Africa's economic position and create new opportunities for local businesses.
Aliko Dangote shares crucial insights on Nigeria's currency crisis, predicting when the Naira will stabilize against the dollar and offering practical advice for businesses and individuals.
Shocking new data reveals Nigerian states' debt burden has skyrocketed, with Lagos and Edo citizens bearing the heaviest load. Discover how this affects everyday Nigerians and what it means for the economy.
The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million from international lenders to fund critical infrastructure projects and support the 2024 budget.
BREAKING: Nigerian Naira stages dramatic recovery against US Dollar in forex markets. Expert analysis reveals what's driving this unexpected turnaround and what it means for your money.
Learn step-by-step how to apply for the Federal Government's ₦75,000 cash transfer program. Get all requirements, eligibility criteria and application process explained.
German chemical company BASF reports significant profit drop, calls on European Union to reduce bureaucratic hurdles affecting business competitiveness in latest earnings report.
Mercedes-Benz reports significant profit drop while reassuring investors about Nexperia chip supplies. Latest financial results show 30% EBIT decline as luxury car market faces headwinds.
Presidential aide Ajuri Ngelale reveals Africa's strategic positioning to capture significant share of $3 trillion global carbon market, emphasizing Nigeria's leadership role in climate action and economic transformation.