CBN: Economy Improving But More Work Needed
CBN Deputy Governor Emem Usoro reports inflation at 16.05%, naira below ₦1500/$ but says Nigerians yet to feel relief. Calls for fiscal-monetary policy alignment.
CBN Deputy Governor Emem Usoro reports inflation at 16.05%, naira below ₦1500/$ but says Nigerians yet to feel relief. Calls for fiscal-monetary policy alignment.
ORDF Chairman Uba Saidu Malami says Nigeria's mining sector holds immense economic potential if funding and data transparency gaps are addressed. Workshop scheduled for December 9 in Abuja.
German business sentiment declines to 88.1 points as companies lose faith in government reforms. Manufacturing and construction sectors hit hardest amid economic concerns.
Britain's Labour government unveils its annual budget with expected tax rises to curb debt, facing political and economic challenges. Read more for full analysis.
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RecommendedFederal Government confirms the first 47km of Lagos-Calabar coastal highway will open to motorists between December 12-17, 2025. Get the latest updates on this transformative infrastructure project.
Belgium faces major disruptions as unions launch a three-day national strike protesting government spending cuts and labour reforms. Schools, transport, and airports will be severely affected.
Federal Government charges quantity surveyors to eliminate project wastage and inflated costs through strict cost management and value optimization in national infrastructure delivery.
Nigeria's economic recovery faces severe threats from escalating insecurity, causing capital flight and investor retreat. Learn how violence impacts markets and food security.
US holiday spending expected to reach $1 trillion despite inflation concerns. Online sales surge 5.3% as AI transforms shopping habits. Read more about this economic paradox.
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RecommendedNaira depreciates by 0.98% to N1,456.72/$ amid dollar demand and structural challenges. Nigeria's foreign reserves rise to $44.12 billion despite oil price decline. Learn more about the economic outlook.
Economic experts advise the Nigerian government to reduce the Monetary Policy Rate and maintain policy consistency to stimulate investment and boost sustainable growth.
The Nigerian naira weakened significantly against the US dollar, closing at N1,456.72 despite rising foreign exchange reserves hitting a 7-year high. Get the latest market analysis and exchange rates.
Discover why Nigeria defies the outdated 'third world' classification. Explore economic data, development indicators, and Nigeria's true global standing in this comprehensive analysis.
The G20 summit in South Africa endorsed a declaration focusing on critical minerals, climate finance, and debt relief for developing nations. Discover the key outcomes.
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RecommendedUN climate summit in Brazil concludes with diluted agreement on fossil fuels. EU accepts voluntary measures as developing nations demand more climate finance. Read the full analysis.
NRC MD Dr. Kayode Opeifa identifies chronic underfunding as the greatest challenge for Nigeria's rail sector, calling for a paradigm shift in government investment.
President Tinubu's administration suspended 4 major economic policies following public outcry. Learn about the reversed decisions and their impact on Nigeria's economy.
IMPI reveals Nigeria's PMI expansion for 11 months straight has driven inflation down to 16.05%. Think tank maintains 14% year-end projection and expects MPC rate cut. Read full analysis.
Bulgaria takes control of Lukoil's Neftochim refinery to avoid US sanctions. Learn how this affects fuel supply in Southeast Europe and the search for new buyers.
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RecommendedECB President Christine Lagarde warns Europe's export model is faltering amid US tariffs and AI competition. Urgent reforms needed to boost resilience.
Naira strengthens against US dollar after recent decline, closing at N1,452.13. Nigeria's foreign reserves hit $46.7 billion, highest in 7 years. Traders expect continued volatility despite positive indicators.
Japanese Prime Minister Sanae Takaichi insists the $135 billion stimulus is fiscally responsible despite market concerns. Includes energy subsidies and tax cuts to combat inflation.
UN climate talks in Brazil reach final day with countries split on fossil fuels after venue fire forced evacuation. Nigeria among nations rejecting phase-out roadmap.
Lagos State makes history with Nigeria's first sub-national green bond, raising ₦339 billion in oversubscribed issuance that demonstrates strong global confidence in state economy.
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RecommendedUS unemployment rate increased to 4.4% in September despite adding 119,000 jobs. Delayed government report reveals mixed economic signals amid Federal Reserve policy decisions.
The EU moves to stop fossil fuel investments from being labelled 'sustainable'. Learn how this new three-tier system aims to combat greenwashing and protect investors.
FAAC disbursed N2.94 trillion to federal, state, and local governments in October 2025, marking a slight decrease from September. Discover the full revenue breakdown and its implications.
A Spanish court has ruled that Meta must pay local media €479 million for unfair competition by violating data rules. This landmark case impacts global media survival.
Naira declines against US dollar despite Nigeria's foreign reserves reaching $46.7bn, a seven-year high. CBN Governor confirms economic improvements amid inflation slowdown. Read more.
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RecommendedComprehensive analysis reveals Nigeria remains a developing country with ₦1.2 million GDP per capita despite being Africa's largest economy. Learn key development indicators.