National Debt Rises to N152.4 Trillion
Nigeria's public debt surges to N152.39 trillion as experts warn short-term investments threaten fiscal stability. State debts see historic decline. Read the full analysis.
Category : Economy
Business Confidence High as Firms Expand Inventory for Yuletide
Nigeria's private sector expands for 13th straight month. PMI at 53.6 points as companies build inventory for Christmas demand. Inflation eases, boosting business outlook for 2025. Read more.
Nigeria's GDP Hits 3.98% in Q3 2025
Nigeria's economy expanded by 3.98% in Q3 2025, fueled by strong performances in Agriculture, ICT, and Finance. Get the full breakdown of the NBS report and what it means for the nation's growth trajectory.
Nigeria's GDP grows 3.98% in Q3 2025, NBS reports
Nigeria's economy expanded by 3.98% year-on-year in Q3 2025, driven by services and agriculture. Get the full breakdown of sectoral performance from the NBS data.
Tesla Sets New Sales Record in Norway
Tesla's sales surge 34.6% in Norway, setting a new annual record, while facing a sharp decline across the EU. Read about the factors driving this Nordic success story.
Experts Urge Reforms to Stabilise Nigerian Economy by 2026
Finance experts at an ICAN event in Ibadan call for urgent policy reforms, economic diversification, and boosted local production to stabilise Nigeria's economy ahead of 2026, warning against inflation and oil reliance.
Naira Begins December Strongly Against US Dollar
The Nigerian Naira rebounds against the USD, closing at N1,446.74. CBN interventions and $20.98bn foreign inflows boost confidence. Experts predict stability ahead. Read more.
Best Gift Card Rates in Nigeria 2026
Discover the 2026 gift card rates in Nigeria. Find out which cards like Razer Gold, Steam, and Apple iTunes pay the most and why platforms like GiftCardsToNaira are preferred for fast cash conversion.
Africa's $90B Debt Crisis Blocks Climate Action
African countries spent $90B on debt servicing in 2024 while climate finance falls short. G20 summit must deliver debt relief to unlock Africa's green transition and global climate security.
Nigeria's Richest Tribe: Economic Facts Beyond Stereotypes
Discover the complex truth about wealth distribution across Nigerian ethnic groups. Learn why no single tribe dominates and what truly drives economic success in Nigeria today.
CBN: Nigeria's inflation drops to 16.05% in October
CBN Governor Cardoso announces sharp decline in inflation and FX market stabilization. Nigeria's economic reforms showing positive results with renewed investor confidence.
Nigeria loses $500bn yearly to biodiversity decline
Nigeria faces a $500 billion annual loss from biodiversity decline. Officials urge private sector integration of nature into business models for economic sustainability. Act now!
Nigeria's Economy Stabilizes as Inflation Halves to 16.05%
CBN Governor Cardoso reveals Nigeria's economic turnaround: inflation dropped from 34.6% to 16.05%, forex reserves hit $46.7B, and growth reached 4.23%. Discover how reforms are driving sustainable growth.
Digital Assets Can Make Nigeria a Top-Tier Economy
Finance expert Ochuko Akejagbor proposes a national strategy using digital assets to boost Nigeria's economy, aiming for top-tier global status by 2030 through new commissions and reserves.
Kenya: Economic Crisis & Political Unrest Deepen
Kenya faces multiple crises: public debt hits 68% of GDP, 41 protest deaths, rising femicide cases, and environmental breakdown. Can President Ruto's priorities save East Africa's powerhouse?
Canada PM Faces Climate Backlash Over Oil Pipeline
Canadian PM Mark Carney faces criticism for climate policy shift, backing oil pipeline & gas projects. Explore the political and environmental implications.
Nigeria's Money Supply Reaches N119 Trillion
Nigeria's broad money supply increased to N119.04 trillion in October 2025, driven by rising domestic assets despite falling foreign reserves. Learn what this means for the economy.
India's economy grows 8.2% despite US tariffs
India's economy expanded 8.2% in July-September 2025, beating forecasts but facing pressure from US tariffs. Learn how this affects global trade and Nigeria's economic outlook.
Naira crashes to N1,443.91/$ as festive demand surges
Naira depreciates across all market segments as year-end FX demand intensifies. Expert analysis reveals why the pressure may continue through December despite rising external reserves.
Experts Support CBN's MPR Decision, See Lower Rates
Nigerian economists endorse CBN's monetary policy stance maintaining MPR at 27%. Experts predict reduced lending costs to boost real sector growth. Read analysis.
Japan PM's Popularity Tested by China Tensions, Inflation
Japan's Prime Minister Sanae Takaichi faces economic challenges as China tensions escalate and inflation threatens her political honeymoon. Will her stimulus package work?
NY Mayor's City-Run Grocery Stores Plan Sparks Debate
New York's incoming socialist mayor Zohran Mamdani proposes government-run supermarkets to address food insecurity affecting 1.4 million residents. The plan faces criticism from conservatives.
AfDB approves $500m loan for Nigeria's budget
African Development Bank approves $500 million budget support for Nigeria to boost non-oil revenues and energy sector reforms. Learn how this impacts Nigeria's economic growth.
Olubadan Launches Economic Committee for Ibadan Growth
Olubadan of Ibadanland Oba Ladoja establishes Economic and Investment Committee to address manufacturing challenges. FMCG Association and Jaiz Bank pledge support for city's economic transformation.
EU Could Fine Elon Musk's X Platform by 2025 End
The European Union may impose a fine on Elon Musk's X platform for violating digital content rules by end of 2025. Discover how this landmark case tests EU's tech regulation power.
NECA Champions Nigeria First Policy for Local Production
NECA calls on private sector to leverage Nigeria First Policy for enterprise growth and economic resilience. Learn how local production can transform Nigeria's economy.
Nigeria gets $500m AfDB loan for energy transition
Federal Government secures $500 million from African Development Bank to finance energy transition and economic governance reforms. Learn how this impacts Nigeria's development.
Bengaluru's Traffic Crisis Threatens Tech Economy
India's Silicon Valley Bengaluru faces severe traffic gridlock and infrastructure decay, threatening productivity in the world's fifth-largest economy. Discover how tech giants are responding.
Nigeria's Inflation Falls to 16.02% Amid Economic Debate
Nigeria's inflation rate dropped to 16.02% in October 2025, marking sixth consecutive decline. Experts question if statistics reflect true economic reality for average Nigerians. Read analysis.
G20 Urged: Africa's Debt Crisis Blocks Climate Action
Former Ethiopian PM warns G20: Africa spends $90B on debt servicing while climate finance falls short. Debt relief essential for global climate security. Read more.
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