Economy

The Executive Chairman of the Kwara State Internal Revenue Service (KW-IRS), Mrs. Shade Omoniyi, has announced that Kwara State recorded a 36 per cent year-on-year growth in Internally Generated Revenue...

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has announced that Nigeria’s trade surplus has risen to six percent of the nation’s Gross Domestic Product (GDP)....

President Bola Ahmed Tinubu has announced that the Federal Government is no longer borrowing from domestic banks, citing a significant revenue breakthrough driven by non-oil sectors. The declaration came during...

President Donald Trump has signed an executive order extending a 90-day ceasefire in the U.S.-China trade war, delaying a sharp hike in tariffs on Chinese goods, the White House announced...

Zambia is seeking to secure an additional $145 million from the International Monetary Fund (IMF) as part of its request to extend its current loan programme by another 12 months,...

The U.S. trade deficit narrowed sharply in June, reaching its lowest level in nearly two years, driven by a significant drop in consumer goods imports. Notably, the trade gap with...

Trade partners across the globe are reacting swiftly to a sweeping executive order issued by U.S. President Donald Trump, introducing new tariffs set to take effect within seven days. The...

…South Africa, Algeria, Libya Hit with 30% In a sweeping trade move that reasserts his “America First” doctrine, U.S. President Donald Trump has approved a tariff hike on goods from...

The U.S. Federal Reserve has kept interest rates unchanged, resisting political pressure from former President Donald Trump, who has been vocal in demanding a rate cut to stimulate the economy....

The International Monetary Fund (IMF) has revised Nigeria’s economic growth projection for 2025 upward to 3.4%, marking a 0.4 percentage point increase from its April 2025 World Economic Outlook (WEO)...