economy
News on the global economies
El Salvador Agrees To Take All U.S. Deportees—Even American Criminals
Bukele Strikes Controversial Deal: El Salvador to Detain U.S. Deportees of All Nationalities, Including Convicted American Criminals
SAN SALVADOR, EL SALVADOR — U.S. Secretary of State Marco Rubio has secured a groundbreaking deal with El Salvador. The Central American nation … Continue Reading
MUST READ: Top 5 Grants For Nigerian Business Owners To Look Out For (No Equity Required!)
Boost Your Business with These 5 Game-Changing Grants for Nigerian Entrepreneurs – No Equity, Just Opportunities!
The search for funding for businesses in Nigeria is a constant struggle for many entrepreneurs. While loans come with the burden of repayment, grants … Continue Reading
JUST IN: Trump Halts U.S. Aid To South Africa Over Alleged Seizure Of White Farmers’ Land
Trump’s Decision Sparks Diplomatic Tensions as U.S. Calls for Investigation into Alleged Seizures Of White Farmers Land and Human Rights Violations in South Africa
U.S. President Donald Trump has announced the suspension of all financial aid to South Africa, citing … Continue Reading
PETROAN Tells marketers to lower petrol prices as Dangote sells N890/litre
Nigerian Petroleum Marketers Urged to Pass on Savings to Consumers as Dangote Refinery Cuts Petrol Price
In a move that is expected to have a positive impact on the Nigerian economy, the Dangote refinery has announced a reduction in the … Continue Reading
Trade War Erupts: Canada, Mexico Retaliate Against Trump’s Tariffs
Canada and Mexico Retaliate with Counter-Tariffs as Trump’s Trade War Threatens North American Economy
A fresh trade war has erupted among the United States, Canada, and Mexico after President Donald Trump imposed steep tariffs on all imports from America’s top … Continue Reading
Nigerian Government to Generate N1.6tn from Telecom Tariff Hike – GSMA
The GSMA projected that increased digitalisation across sectors such as agriculture, manufacturing, transport, trade, and governance could boost Nigeria’s GDP by around two percentage points by 2028. This would also result in the creation of nearly two million jobs while
… Continue Reading
JUST IN: Trump Moves To Revoke Student Visas Over Pro-Palestinian Protests
Trump Targets Pro-Palestinian Student Protesters with Visa Crackdown, Sparking Legal Battles and Free Speech Concerns
WASHINGTON – U.S. President Donald Trump has signed an executive order targeting pro-Palestinian protesters on college campuses, vowing to cancel student visas and deport non-citizen … Continue Reading
Nigeria’s E-Payment Transactions Hit Record N1.07 Quadrillion in 2024
Alongside the increase in transaction value, the volume of e-payment transactions also saw significant growth. NIBSS data shows that 11.2 billion transactions were processed in 2024, up from 9.7 billion in 2023—representing a 15.5% year-on-year increase.
Lagos, Nigeria – Electronic … Continue Reading
JUST IN: Trump Offers 2 Million Federal Workers 8 Months’ Pay To Quit—Critics Call It A “Fake Offer”
Trump Administration Offers 2 Million Federal Employees Eight Months’ Pay to Quit in Unprecedented Downsizing Effort—Unions and Lawmakers Push Back Amid Concerns Over Job Security and Government Functionality
In a bold and unprecedented move, the Trump administration announced on Tuesday … Continue Reading
Changing Work Pattern: 200 UK Companies Embrace Permanent Four-Day Workweek
Revolutionizing the Workweek: 200 UK Companies Adopt Permanent Four-Day Schedule to Boost Productivity and Enhance Employee Wellbeing
In a groundbreaking move, 200 UK companies have adopted a permanent four-day workweek for their employees—without cutting pay. This decision marks a significant … Continue Reading