Category : Economy


Private Sector Joins Push for Stability in Nigeria

Key Nigerian private sector actors unite with civil society to design market-driven strategies for economic resilience and preventing violent extremism in fragile states. Discover the innovative plans.

China's Rare Earths Mining Boom in Jiangxi Province

Explore how China's secretive rare earth mining in Jiangxi fuels global tech and defense, shaping trade wars and forcing EU and US to seek alternatives. Discover the strategic power buried in red soil.

How the Average Nigerian Makes a Living

Discover how most Nigerians survive through multiple income streams, informal jobs, and creative hustle. Learn about real salaries, from ₦70K minimum wage to MTN's high pay.

US Inflation Cools Unexpectedly in November

US consumer inflation slowed to 2.7% in November, below forecasts. The data, delayed by a government shutdown, shows easing price pressures despite earlier tariff impacts. Read the full analysis.

Bank of England Cuts Interest Rate to 3.75%

The Bank of England has cut its key interest rate to 3.75% after UK inflation eased faster than expected. Governor Andrew Bailey confirmed the move, marking the sixth reduction since August 2024. Read more for the full analysis.

Nigeria's Debt, Salaries Exceed Revenue in 2025

Nigeria's Federal Government spent more on debt servicing and salaries than it earned in 2025's first seven months, with a N10.19tn revenue shortfall. Oil earnings slumped over 60%. Read the full analysis.

ECB holds rates steady at 2% as inflation cools

The European Central Bank keeps its key deposit rate at 2% for the fourth consecutive meeting. Analysts scrutinise Lagarde's comments for clues on future monetary policy amid uncertain inflation outlook. Read more.

Edun Contradicts Tinubu on 2025 Revenue Figures

Finance Minister Wale Edun reveals a N30 trillion revenue shortfall, contradicting President Tinubu's claim of meeting the 2025 target. Details on the budget deficit and borrowing plans inside.

Germany Imposes Tougher Penalties for Job Seekers

Germany's coalition government overhauls unemployment benefits, introducing stricter penalties for job seekers who refuse work or miss appointments. The reform aims to boost employment amid economic downturn.

Naira Rate Gap Widens as Dollar Demand Rises

The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.

German Business Confidence Falls to 7-Month Low

German business sentiment dropped for a second month in December, hitting its lowest point in seven months. The industrial slump and weak Christmas sales signal a bleak economic end to 2025. Read more.

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