Economic News

UN health authorities have issued a sobering forecast regarding the trajectory of global cancer cases, projecting a substantial surge of approximately 77% by the year 2050. This alarming statistic, derived...

The European Union, aiming for strategic autonomy, plans to launch an independent naval operation to protect commercial shipping in the Red Sea. This move signals a shift away from relying...

As the cost of food items continues to climb, tomato traders in Badagry, Lagos State, voice concerns about diminishing profits. This reveals a significant surge in the price of tomatoes,...

Tensions are simmering at the Aswani Market within the Isolo Local Council Development Area, where a dispute has arisen between traders, shop owners, and the developer regarding the proposed renovation...

A report from Price Waters and Coopers (PwC) suggests that Nigeria may encounter difficulties in servicing its debt in 2024 due to the volatility in the foreign exchange market. The...

The World Bank has forecasted a 3.7% growth in Nigeria's Gross Domestic Product (GDP) in 2025. According to the report titled "Global Economic Prospect: Subdued Growth, Multiple Challenges," the projection...

National reward programme, in contemporary Nigeria, the prevailing circumstances necessitate a departure from conventional thinking, urging individuals, organizations, and governments at every echelon to embrace innovative solutions, commonly referred to...

World bank's recent economic projections for Nigeria reveal an optimistic outlook, forecasting a growth rate of 3.3% for the current year. This figure represents a notable improvement from the 2.9%...

The Northern Elders Forum (NEF) has been plunged into profound sorrow and grief following the demise of the distinguished former Speaker of the House of Representatives, Ghali Umar Na’abba. In...

In a significant move for Ondo State, Governor Lucky Aiyedatiwa officially signed the state's 2024 budget into law, amounting to an impressive N395 billion. This development unfolded mere hours after...