The United States (US) military has deployed forces to Nigeria amid concerning security challenges under President Bola Ahmed Tinubu’s administration.
Food prices in Nigeria, including rice and beans, fell significantly in November 2025, reflecting President Tinubu's policies easing household financial pressures.
A new ranking of Where to Invest in Africa (WTIIA) conducted by Rand Merchant Bank (RMB) has shown that Nigeria has fallen dramatically to the 18 position from 9th.
Time magazine named the "Architects of AI" as its Person of the Year on Thursday, highlighting the US tech titans whose work on cutting-edge artificial intelligence is transforming humanity. Yet the magazine notably steered away from using AI to generate its cover art, opting instead for human artists.
Nigerians face soaring airfares as over 54 taxes, hidden fees, and new security levies push local and international flight costs to record highs.
The Central Bank of Nigeria (CBN) has released a new foreign exchange limit for personal and business travels for Nigerians sourcing FX from BDCs.
Walt Disney and OpenAI announced a three-year licensing deal Thursday that will allow users to create short videos featuring beloved Disney characters through artificial intelligence. Disney shares rose by about two percent on Thursday after the announcement.
The US trade deficit narrowed unexpectedly in September to the smallest since 2020, delayed government data showed Thursday, with imports rising just slightly as President Donald Trump's new tariffs set in.
Leading German institutes on Thursday downgraded their 2026 growth forecasts, in another bad sign for Chancellor Friedrich Merz whose efforts to reboot Europe's biggest economy face mounting criticism. But critics say his efforts so far have not been radical enough as challenges mount for the economy, from a deepening industrial slump to US tariffs.
The federal government has plans to raise Nigeria's debt profile by borrowing N17.89 trillion in 2026 due to a budget deficit and lower revenue projections.
Europe's largest steelmaker Thyssenkrupp is to pause steel production at two sites for about two weeks because of Asian competition, the German firm said Thursday, as the European Union considers tightening its steel tariffs. Hammered by exorbitant energy costs and cheaper Asian competition, Germany's steel industry has been mired in deep crisis for several years.
Economy
Load more
