Economy

By John Ikani Inflation in the United States continued its downward trend in August, reaching a three-year low of 2.5%, potentially influencing the Federal Reserve's decision on interest rate cuts and the flow of capital to...

By John Ikani Chinese lending to Africa saw a notable uptick last year, reaching $4.61 billion, marking the first yearly growth since 2016, according to a recent study. This resurgence in lending follows a period of...

By John Ikani Nigeria's Minister of Petroleum (Oil), Heineken Lokpobiri, has reaffirmed Nigeria's dedication to launching the $5 billion African Energy Bank by September 2024. Nigeria recently secured the hosting rights for this bank, which aims...

By John Ikani The Nigerian Content Development and Monitoring Board (NCDMB) has retained its top ranking in business efficiency and transparency among ministries, departments and agencies (MDAs), as captured in the latest evaluative assessment by the...

By John Ikani The Economic Community of West African States Parliament gathered in Banjul, The Gambia, on Monday to accelerate the implementation of a key protocol that enables the free movement of people, residency rights, and...

By John Ikani Crude oil prices saw a significant increase on Monday due to a combination of halted oil production in Libya and growing tensions in the Middle East. West Texas Intermediate experienced a rise of...