economy
News on the global economies
JUST IN: Tinubu Signs Record N54.99 Trillion 2025 Budget Into Law
Tinubu Approves Record-Breaking N54.99 Trillion Budget for 2025, Aiming for Economic Growth and Stability
President Bola Tinubu has officially signed the N54.99 trillion ($36.6 billion) 2025 Appropriation Bill into law, marking a significant increase from the initial proposal. The signing … Continue Reading
Trump Tariffs on Mexico, Canada Starting March 4th; Adds 10% Duty on Chinese Imports Over Fentanyl Crisis
Trump Escalates Trade War: New Tariffs on Mexico, Canada, and China Spark Economic and Diplomatic Tensions Over Fentanyl Crisis
WASHINGTON— U.S President Donald Trump announced on Thursday that his proposed 25% tariffs on Mexican and Canadian goods will take effect … Continue Reading
Nigeria’s First Locally Made Helicopter Set For Flight Soon – NASENI
NASENI Gears Up for Historic Test Flight of First Locally Made Helicopter, Pushing Technological Innovation Forward
Nigeria is on the verge of a major technological breakthrough as the National Agency for Science and Engineering Infrastructure (NASENI) confirms that the country’s … Continue Reading
JUST IN: FG Moves To Review Electricity Tariffs For Band B, C Customers
FG Seeks Fairer Electricity Pricing as DisCos’ Investment Delays Stall Band A Migration
The Federal Government has announced plans to review electricity tariffs to address disparities in the current billing system and drive investment in the power sector.
Minister of … Continue Reading
World Bank To Approve $2.2 Billion Loan For Nigeria In 2025 – See Project Breakdown
World Bank to Approve $2.2 Billion Loan for Nigeria in 2025 to boost education, healthcare, digital infrastructure, and economic resilience amid rising debt concerns
The World Bank is set to approve a $2.2 billion loan for Nigeria in 2025, funding … Continue Reading
OPEC Encourages Africa to Exploit Its 120 Billion Barrels of Oil
OPEC Chief Urges Africa to Tap into Its Oil Reserves at Nigeria International Energy Summit 2025
At the ongoing Nigeria International Energy Summit 2025 in Abuja, OPEC Secretary-General Mr. Haitham Al-Ghais emphasized the importance of Africa in the global energy … Continue Reading
Trump Proposes A $5 Million ‘Gold Card’ For U.S. Citizenship, Scraps Investor Visa Program
U.S president plans to scrap the EB-5 visa, introducing a new $5million pathway for wealthy foreigners seeking American residency and citizenship.
WASHINGTON, D.C. – U.S. President Donald Trump has unveiled a controversial plan to introduce a $5 million “gold card”… Continue Reading
Nigeria’s Economy Grows by 3.84% in Q4 2024, Driven by Services Sector – NBS
For the full year 2024, Nigeria’s economy grew by 3.40%, an improvement from the 2.74% growth recorded in 2023, with the non-oil sector being the primary driver.
Abuja, Nigeria – Nigeria’s Gross Domestic Product (GDP) expanded by 3.84% in real … Continue Reading
MUST READ: Finland Opens 2025 Seasonal Work Permit Applications For Nigerians, Others [HOW TO APPLY]
Finland Opens Doors for Seasonal Workers: Nigerians and Other Foreign Nationals Can Now Apply for 2025 Work Permits in Agriculture, Forestry, and Tourism
The Finnish Immigration Service has opened applications for the 2025 Finland Seasonal Work Permit, allowing foreign … Continue Reading
Volkswagen Set to introduce e-tractors in Nigeria to boost Mechanised Agriculture
Volkswagen to Launch E-Tractors in Nigeria to Boost Agricultural Mechanization
In a significant move to enhance agricultural mechanization in Nigeria, Volkswagen, the renowned global automotive manufacturer, has announced plans to introduce electric tractors in the country. This development was revealed … Continue Reading