Economics

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...

Recent statistics from the Central Bank of Nigeria (CBN) reveal a striking increase in the amount of currency circulating outside...

The European Central Bank (ECB) is expected to announce another cut to interest rates during its meeting on Thursday, as...

The Naira continued to face significant pressure in the parallel market, trading steadily at N1,660/$1 against the U.S. dollar on...

In a significant development for the global energy market, Brent crude oil prices have dipped below $70 per barrel for...

Despite a challenging economic environment, six Nigerian commercial banks reported a combined profit before tax of N979.19 billion for the...

Nigerians have begun to see some relief at the fuel pump as several filling stations across the country have significantly...

The Nigerian equity market has continued its downward trajectory for the second consecutive week, with losses totaling approximately N847.03 billion....

Goldman Sachs has revised its outlook on the likelihood of a U.S. recession in the next 12 months, reducing the...