The Minister of Finance and Coordinating Minister of the Economy has announced that a forensic audit…
Category: FINANCE/ECONOMY
China, Mexico, Canada bear brunt of US tariffs – IMF
The International Monetary Fund on Tuesday slashed its forecast for global growth this year, citing the…
‘Stop Promoting Unregistered Investment Schemes Or Face Legal Action’, SEC Warns Influencers, Others
The Securities and Exchange Commission has warned influencers, bloggers, and celebrities to desist from promoting unregistered…
Kogi Signs Mining, Ajaokuta Industrial Park, Agricultural Deal With Chinese Firm
In a major step towards driving economic growth, the Kogi State Government has secured a landmark…
OPEC Cuts 2025 Oil Demand Forecast Over US Tariffs
The Organization of the Petroleum Exporting Countries on Monday slightly cut its forecast for oil demand…
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…