Economic News

The International Monetary Fund has reviewed upwards Nigeria’s economic growth forecast for 2024 from three per cent to 3.3 per cent. This revision was announced in the IMF’s World Economic...

British unemployment rate increased more than predicted in February, raising concerns that firms are beginning to lay off workers in reaction to high interest rates. According to the Economic Times,...

In February, the UK economy had a small growth, raising hopes that the recession may be ending. According to official statistics, the economy expanded by 0.1%, helped by manufacturing and...

US bridge, the Maryland Transportation Authority reported early Tuesday that the Francis Scott Key Bridge in Baltimore, USA, collapsed following a collision with a ship. The MTA announced the incident...

Lee Satterfield, the U.S. Assistant Secretary of State for Educational and Cultural Affairs, recently visited Lagos and Abuja to emphasize various U.S. public diplomacy initiatives aimed at enhancing education and...

Kingsley Moghalu, a former deputy governor of the Central Bank of Nigeria, challenged the notion that the Naira would reach a rate of N400 to the Dollar, stating that such...

Lagos food market, the Lagos State Government clarified to residents that prices of discounted food items and other goods at its specialized Sunday markets might vary slightly from one location...

The Federal High Court, situated in Abuja, has issued a directive compelling Binance Holdings Limited, a prominent cryptocurrency exchange platform, to furnish the Economic and Financial Crimes Commission (EFCC) with...

Senator Abdul Ningi has claimed that there are efforts within the Senate to arrest him following his accusation of padding in the 2024 appropriation budget totaling N3.7 trillion. He revealed...

The latest report from the National Bureau of Statistics (NBS) unveils concerning trends in food prices, particularly items like beef, rice, beans, onions, and tomatoes. Released in Abuja, the NBS...