The Organization of the Petroleum Exporting Countries on Monday slightly cut its forecast for oil demand…
Category: FINANCE/ECONOMY
AfDB’s Chief Adesina Warns Of Tariff ‘Shock Wave’
An onslaught of tariffs by the United States will send “shock waves” through African economies, the…
Trump exempts phones, computers, chips from “reciprocal” tariffs
President Donald Trump’s administration exempted smartphones, computers, and other electronics from its so-called reciprocal tariffs, potentially…
Nigeria Signals Economic Growth, Records $6.83b Payments Balance Surplus In 2024
The Nigerian economy shows signs of growth, as the Central Bank of Nigeria (CBN) has announced…
Personal remittances hit $20.93bn in 2024 – CBN
The Central Bank of Nigeria has said that personal remittance inflows rose to $20.93bn in 2024,…
Naira Falls To N1,629/$ Despite $668m CBN Intervention
The naira yesterday depreciated to ₦1,629 per dollar in the Nigerian Foreign Exchange Market (NFEM) despite…
Aggrieved bank depositors fault NDIC on planned pro-rata payment
Defunct Heritage Bank’s depositors with N5 million minimum balance have described as unacceptable the announcement by…
Amid Trump Tariffs CBN Boosts FX Market With $197.71m
The Central Bank of Nigeria (CBN) has injected $197.71 million to boost market liquidity and stability…
Macron Calls For Suspension Of Investment In US Until Tariffs Clarified
French President Emmanuel Macron on Thursday called for a suspension of investment in the United States…
Trump Tariff Chart: Full List of Countries Hit With ‘Reciprocal’ Tariffs
President Donald Trump on Wednesday imposed sweeping new tariffs on all imported goods and unveiled a…