Economics

The Federal Inland Revenue Service (FIRS) has directed all Nigerian banks to immediately shut down any tax collection accounts that...

The Organisation for Economic Co-operation and Development (OECD) has disclosed that official international aid dropped by 7.1% in real terms...

The trade rift between the United States and China deepened this week as President Donald Trump approved a sweeping 104%...

Global oil prices fell on Monday, snapping a five-day rally as a strong U.S. dollar pressured the market ahead of...

A coalition of major financial institutions and business organizations has filed a lawsuit against the Federal Reserve, challenging the annual...

Nigeria’s external debt servicing costs skyrocketed by 38% in the first nine months of 2024, hitting a total of $3.53...

Deficit spending by Nigeria’s Federal Government surged by 28% year-on-year, hitting N12.1 trillion in the first ten months of 2024,...

The US Dollar Index (DXY) surged to its strongest level in two years, closing at 107.74 points on December 18,...

Developing nations spent a staggering $1.4 trillion on servicing foreign debts in 2023, marking an all-time high, according to the...

In a move to ease cash availability, Deposit Money Banks in the Federal Capital Territory have raised their maximum over-the-counter...