global economy
-
Economy
Economists Commend CBN on Sustained External Reserves Amid Global Shocks
Economists have commended the Central Bank of Nigeria (CBN) for sustaining the country’s external reserves at 48.54 billion dollars amid…
Read More » -
Economy
UAE Exits OPEC, Raising Concerns Over Global Oil Stability
The United Arab Emirates has announced plans to withdraw from OPEC and its allied grouping OPEC+, ending nearly 60 years…
Read More » -
Economy
Navigating Global Trade Tensions: New Opportunities for African Businesses
Amb. Albert Muchanga,  former Commissioner for Economic Development, Tourism, Trade and Mining, African Union Commission, says investing in research and…
Read More » -
Economy
Africa’s 2024 Growth: A Resilient Rebound
Africa recorded a growth rate of 3.2 per cent in 2024, in spite of the challenging global environment, says the…
Read More » -
Foreign
World Bank: Global Growth Dip
Global economic growth is expected to decline in 2025 due to increased trade barriers and policy uncertainty, the World Bank…
Read More » -
News
Oil Market Volatility: OPEC+ Hikes, Tariffs, and Geopolitics Shape Future Prices
Oil prices are on track for a second consecutive weekly decline amid expectations that the eight-member OPEC+ group will move…
Read More » -
News
Oil’s Rollercoaster: Trade Peace, War Fears Fuel Price Hikes
Oil prices rose in the global commodity market on Monday as investors reacted to US President Donald Trump’s decision to…
Read More » -
News
CBN Holds Rates: A Prudent Pause
The Centre for the Promotion of Private Enterprise (CPPE) on Tuesday lauded the decision of the Monetary Policy Committee (MPC)…
Read More » -
News
Naira’s Resilience: Steady Amidst FX Inflows, Global Market Volatility
The Nigerian local currency, the naira, traded on a relatively steady note against the US dollar at the Nigerian Foreign…
Read More » -
News
Oil Price Dip: Oversupply Fears Amid US-Iran Nuclear Talks
Oil prices edged lower in the global commodity market on Monday, pressured by concerns about oversupply following renewed talks of…
Read More »