Economy

Fitch Ratings has upgraded Nigeria's credit rating to B, but it is still classified as speculative-grade. The Central Bank of...

Economy

China Slaps 125% Tariff on US Imports, Dismisses Trump’s Trade Tactics

China announced it would impose a 125% tariff on US goods starting Saturday, following US President Donald Trump’s decision to...

Economy

Naira-For-Crude Policy: Petrol Prices Will Come Down — PETROAN

The Federal Executive Council's recent approval of the continuation of the Naira-for-Crude policy has received strong support from the Petroleum...

Economy

Dangote Refinery Reduces Petrol Price to N865 per Litre

The Dangote Petroleum Refinery has reduced its petrol loading price to N865 per litre, down from N880, as confirmed on...

Economy

China Implements 84% Tariffs on U.S. Imports in Retaliatory Move

Beijing has officially rolled out new retaliatory tariffs on American goods, imposing an eye-watering 84% duty on imports from the...

Economy

Naira-For-Crude Still In Effect, FG assures

According to the Federal Government, the naira-for-crude programme with local refineries is a "key policy directive designed to support sustainable...

Economy

Nigeria Posts $6.83 Billion Balance of Payments Surplus in 2024

The economy of Nigeria has seen a significant turnaround, with the Central Bank announcing a $6.83 billion balance of payments...

Economy

European Stocks Plunge as Trump’s Tariffs Take Effect

European stock markets are experiencing a significant downturn as US President Donald Trump's steep new tariffs have come into effect,...

Economy

Despite $668m CBN Intervention, Naira fell to N1,629/$

Despite the Central Bank of Nigeria's (CBN) $688.8 million intervention, the naira fell to ₦1,629 per dollar on the Nigerian...

Economy

Fake News Alert: CBN refutes Circular Introducing New ₦5,000, ₦10,000 Notes