Economy

Nigeria’s gross foreign exchange (FX) reserves fell by $2.57 billion from January to March 2025, marking a 6.29% decrease over...

Afreximbank Research has said that U.S. President Donald Trump’s announced reciprocal tariffs may have a limited direct impact on African...

The Nigerian Senate is set to deliberate on the highly anticipated Tax Reform Bill 2024 immediately after the Eid-El-Fitr and...

Nigeria's exports to the United States account for approximately 2% of the country's Gross Domestic Product (GDP).

The trade war between the United States and China has intensified following U.S. President Donald Trump’s announcement of new tariffs...

The European Union is gearing up to impose counter-tariffs on U.S. goods worth up to €26 billion ($28.4 billion) in...

Nigeria and Japan have unveiled a venture capital initiative aimed at fostering high-growth startups through Naira-denominated investments.  

Africa50 Group, the pan-African infrastructure investor and asset manager, has announced a $40 million investment from South Africa’s Public Investment...

In a sweeping move that could redefine global commerce, U.S. President Donald Trump has announced a baseline 10% tariff on...

The World Bank has approved three financing operations totalling $1.08 billion to support education, nutrition, and economic resilience in Nigeria.