Nigeria’s headline inflation rate rose to 24.23% in March 2025, according to the official government data source, the Nigeria Bureau of Statistics (NBS). The rise in the country’s inflation rate,…
Nigeria retained its position as Africa’s largest crude oil producer in March, according to the latest report released by the Organisation of the Petroleum Exporting Countries (OPEC), despite a slight…
By Babajide Komolafe, Economy Editor The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial year, marking a decisive turnaround…
Indices fell back into the red, with Paris down 2.4 percent and Frankfurt dropping 2.2 percent, as goods from the European Union now face a 20 percent tariff when entering…
Beijing has consistently opposed tariff rises and said Wednesday it would take "firm and forceful" steps to protect its interests. China will impose 84 percent tariffs on US imports, up…