Iran launches fresh retaliatory attacks on US and allied forces, vowing the United States will “bitterly regret” recent military actions as global tensions rise.
Nigeria's naira appreciated by 6.87% in 2025, buoyed by CBN reforms, attracting $21bn in capital inflows and improving investor confidence amid inflation shifts.
The Nigerian currency lost 2.4% and 2.6% of its value in March 2025, depreciating to N1,536 in the official window and N1,530 per dollar in the parallel market.
This rising debt compounds the overall situation, considering that the federal government also owes over N4 trillion to the DisCos and the GenCos.
Global temperatures hovered at historic highs in March, Europe's climate monitor said on Tuesday, prolonging an unprecedented heat streak that has pushed the bounds of scientific explanation. - Puzzling heat - The spectacular surge in global heat pushed 2023 and then 2024 to become the hottest years on record.
A wide range of economists are voicing alarm over US President Donald Trump's tariffs blitz, which has sparked a trade war that experts say could lead to a global recession. Here are comments from some leading economists: - 'Spectacle of failed policies' - Li Daokui, one of China's most influential economists, told AFP that Trump's tariffs mainly aim to "squeeze other countries" for concessions.
Farmers noted that they have to sell at current price, even if they are not happy with it. But they expressed hopes that price will increase from a specific month.
With Dangote Industries operating in salt, cement, petroleum, sugar production, among others, the company could ensure that Nigeria never has to import these items.
Myanmar's garment manufacturers have warned US tariffs threaten to hobble the country's recovery from a devastating earthquake, as the death toll rose to 3,600. The Myanmar Garment Manufacturers Association (MGMA) said the tariffs due to take effect from Wednesday were causing "considerable concern" in an industry employing more than 500,000 people, mostly young women.
Indonesian stocks tanked more than seven percent on Tuesday after a weeklong public holiday break, with trading briefly suspended at the open as uncertainty over US President Donald Trump's global tariffs roils markets.
Vietnam will buy more US goods including security and defence products, the government said, as it seeks a last-minute delay to enormous tariffs imposed by Washington. It would also "continue to buy more US products that are strong and Vietnam has demand for, including products related to security and defence; promote early delivery of aircraft trade contracts", the statement added.
Economy
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