Nigeria’s efforts to diversify its economy away from crude oil dependency recorded a major milestone in the first quarter (Q1) as non-oil exports surged by 24.7...
The World Bank has issued a stark warning that Nigeria’s poverty rate is projected to rise by 3.6 percent over the next five years. The country...
Following a new forecast by the International Monetary Fund (IMF), Kenya is projected to emerge as East Africa’s largest economy in 2025. The IMF estimates that...
The International Monetary Fund (IMF) has projected Nigeria’s inflation rate to average 26.5 percent in 2025 as structural constraints and weak income growth continue to challenge...
The Onne Multipurpose Terminal in Rivers State has recorded a new milestone following the successful berthing of Kota Carum, a 301.43-metre container ship with a capacity...
China has warned that it will respond firmly to any trade arrangements that undermine its national interests as several countries pursue tariff relief negotiations with the...
The Chairman of Transcorp Group, Tony Elumelu, has emphasized the need for the Federal Government of Nigeria to harness the electricity sector in order to build...
Electricity supply from Nigeria to the Niger Republic has been reduced by 42 percent following the Federal Government’s decision to maintain energy restrictions in place since...
Chinese President Xi Jinping has embarked on a strategic tour of Southeast Asia to foster deeper regional unity and counter the growing pressure from the United...
Nigeria’s annual inflation rate rose to 24.2 percent in March 2025, the first increase since the National Bureau of Statistics (NBS) rebased its inflation data in...
