Economy

Fitch Ratings has upgraded Nigeria’s outlook to Stable from Negative, highlighting renewed confidence in the Tinubu administration’s commitment to far-reaching...

The Federal Government has set up a subcommittee to thoroughly evaluate the potential economic impact of the recent tariff measures...

The Nigerian Social Insurance Trust Fund (NSITF) has paid a total of N226.96 million as compensation to registered employees and...

U.S. investment bank J.P. Morgan has urged investors to exit long positions in Nigerian Open Market Operation (OMO) bills, warning...

China has announced a significant escalation in the ongoing trade war with the United States by imposing increased tariffs on...

Nigeria’s total debt to the World Bank increased by $2.36 billion in 2024, driven by six newly approved loans targeted...

Nigeria’s President Bola Tinubu on Thursday called for the unlocking of new trade corridors and a reduction in imports dependency...

In 2024, seven Nigerian banks; FCMB, Fidelity, GTCO, Stanbic IBTC, UBA, Wema Bank, and Zenith Bank incurred a combined income...

The recent imposition of a 14% tariff on Nigerian exports to the United States by President Donald Trump has raised...

The Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has warned that the ongoing tariff war between the...