Economy

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)...

The naira maintained a largely stable position against the U.S. dollar on Tuesday, with only marginal fluctuations recorded across the official and parallel foreign exchange (FX) markets. This development came...

The National Bureau of Statistics (NBS) has announced that Nigeria’s nominal Gross Domestic Product (GDP) now stands at N372.82 trillion as of 2024, following a comprehensive rebasing exercise that adopted...

As of mid-2025, Nigeria’s most recent comprehensive economic ranking still relies on the BudgIT State of States Report 2022, which provides GDP estimates for 2021 published in late 2022. Although...

Introduction: Why Nvidia Stock Matters In the world of high-stakes investing, few tickers have captured global attention like Nvidia stock (NASDAQ: NVDA). Once a niche graphics chipmaker, Nvidia has transformed...