Category : Economy


Naira Falls Again: Loses Ground Against US Dollar

The Nigerian naira has reversed its recent gains, depreciating significantly against the US dollar across both official and parallel markets. This latest development raises concerns about currency stability and economic recovery efforts.

Nigeria-Germany Alliance for $1 Trillion Economy

Budget Minister Atiku Bagudu announces strategic collaboration with Germany to accelerate Nigeria's ambitious journey toward a $1 trillion economy through targeted investments and economic reforms.

Osinbajo: Stop Celebrating Worthless GDP Figures

Former Nigerian Vice President Yemi Osinbajo delivers powerful critique of Africa's GDP obsession, urging governments to focus on real economic development instead of meaningless statistics.

US-Nigeria Rift May Widen Poverty - Economist

Renowned economist Professor Godwin Owoh warns that deteriorating relations with the United States could have devastating consequences for Nigeria's economy, potentially pushing millions into poverty and stalling development.

Swiss Execs Meet Trump Over Tariff Threats

Top Swiss executives held emergency talks with former President Donald Trump about potential tariffs that could shake global trade. Discover how this affects African economies like Nigeria.

Trump Tariff Threat Shakes Nigeria-US Trade Relations

Former President Donald Trump's proposed tariff policies could severely impact Nigeria-US trade relations as America drops to sixth among Nigeria's trading partners. Analysis reveals potential consequences for Nigerian 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.

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.

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.

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