economy
News on the global economies
FG Bows To Pressure, agrees To Slash Telecom Tariff Hike To 35%
Govt Backs Down After Labour’s Ultimatum, Reduces Telecom Tariff Hike to Ease Burden on Nigerians
The Federal Government has caved to public and labour pressure, reducing the recent telecom tariff hike from 50% to 35%.
The decision was reached during … Continue Reading
Kash Patel Confirmed As FBI Director Amid Democrats’ Fears Of Political Retaliation
Kash Patel’s Confirmation as FBI Director Triggers Concerns Over Political Retaliation and the Future of the Bureau’s Independence
Kash Patel, a staunch ally of U.S President Donald Trump, has been confirmed as the new director of the FBI despite … Continue Reading
US Appeal Court Blocks Trump’s Bid To End Birthright Citizenship
Appeal Court Blocks Trump’s Birthright Citizenship Ban, Affirms 14th Amendment Protection for Children of Immigrants
The Ninth Circuit US Appeal Court has rejected U.S President Donald Trump’s attempt to end birthright citizenship, ruling that such a move is beyond presidential … Continue Reading
Naira Appreciates to N1,514/$1 in Parallel Market as CBN’s Forex Policies Take Effect
Abuja, Nigeria – The Nigerian naira continued its upward trajectory in the foreign exchange market, appreciating to N1,514 per dollar at the parallel market on Wednesday, February 19, 2025. This marks a gain of N11 or 0.72% from the N1,525/$1 … Continue Reading
Netherlands To Return 119 Benin Bronzes To Nigeria In Landmark Move [PHOTO]
Netherlands Joins Global Movement to Repatriate Benin Bronzes, Marking a Major Step in Restoring Nigeria’s Cultural Heritage
In a historic gesture of restitution, the Netherlands has agreed to return 119 Benin Bronzes to Nigeria. The Dutch Embassy announced this on … Continue Reading
FG Lists N368.3bn Bond, N234bn Supplementary Issues on NGX
Meanwhile, data from the NGX indicates that total allotments for FGN Savings Bonds have surged to N5.06 billion within the first five months of 2023, reflecting growing investor participation in government securities.
Lagos, Nigeria – The Federal Government of Nigeria … Continue Reading
MUST READ: 5 High Paying But Underrated Jobs In Nigeria You Should Know About
Some High-Paying Yet Overlooked Jobs in Nigeria Offering Huge Income And Lucrative Opportunities
In a Nigeria where people are obsessed with high paying traditional professions, there are some lucrative jobs that might be ignored but still have good salaries and … Continue Reading
Tinubu Approves YABATECH’s Upgrade To University Status– Minister
Nigeria’s Oldest Polytechnic Transforms into a University, Paving the Way for Innovation, Technical Excellence, and Global Competitiveness
President Bola Tinubu has granted approval for the long-awaited conversion of Yaba College of Technology (YABATECH) into a university, marking a major milestone … Continue Reading
SHOCKING: US Congressman Alleges Obama, Biden Used USAID To Fund Boko Haram Terrorists
US Congressman Scott Perry Alleges USAID Funded Boko Haram and Other Terrorist Groups Under Obama and Biden Administrations
A US lawmaker, Rep. Scott Perry, has made a shocking allegation that the U.S. Agency for International Development (USAID) funneled taxpayer money … Continue Reading
Nigeria’s Oil Output Exceeds 1.5 Million BPD in January, Says OPEC
Nigeria’s Crude Oil Production Rises, But Challenges Loom for 2025 Goals
According to the latest Monthly Oil Market Report (MOMR) from the Organisation of Petroleum Exporting Countries (OPEC), Nigeria achieved a modest increase in its crude oil production,… Continue Reading