Economy

Trump Shutdown Alert: Federal Employees Face Job Losses-What You Need to Know
Amid escalating tensions with Senate Democrats, the US president cautions that a failure to secure

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International News
1 week ago1 week ago

Amid escalating tensions with Senate Democrats, the US president cautions that a failure to secure

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Employers and Economists Applaud Central Bank’s Bold Move to Slash Interest Rate to 27%
After a five-year interval, the Central Bank of Nigeria (CBN) has opted to lower its key interest rate, reflecting a measured adjustment in its monetary...

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Politics Today
1 week ago1 week ago

After a five-year interval, the Central Bank of Nigeria (CBN) has opted to lower its key interest rate, reflecting a measured adjustment in its monetary policy as inflation trends show consistent improvement. Concluding its two-day Monetary Policy Committee (MPC) meeting in Abuja on Tuesday, the CBN decreased the Monetary Policy Rate (MPR) by 50 basis...

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US Commits to Taking Bold Action to Boost Argentina’s Economy | Business and Economy
US Treasury Secretary signals potential interventions to stabilise Argentina amid sharp asset selloff. Published On 23 Sep 202523 Sep 2025 Click here to share on...

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International News
1 week ago1 week ago

US Treasury Secretary signals potential interventions to stabilise Argentina amid sharp asset selloff. Published On 23 Sep 202523 Sep 2025 Click here to share on social media share2 Share The administration of US President Donald Trump has expressed readiness to intervene in Argentina’s financial turmoil as the nation faces intense market instability. Scott Bessent, the...

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Breaking News: Nigeria’s Economy Surges with 4.32% GDP Growth in Q2 2025!
Recent data from the National Bureau of Statistics reveals that Nigeria’s economy continues to demonstrate robust growth and resilience, with the Gross Domestic Product (GDP)...

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Politics Today
2 weeks ago2 weeks ago

Recent data from the National Bureau of Statistics reveals that Nigeria’s economy continues to demonstrate robust growth and resilience, with the Gross Domestic Product (GDP) expanding by 4.23% year-on-year in real terms during the second quarter of 2025. This growth rate surpasses the 3.48% recorded in Q2 2024 and also exceeds the 3.13% growth seen...

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80m Nigerian youth unemployed – Report
The report also highlighted that about 1.7 million graduates leave Nigeria’s universities and polytechnics every year, yet the economy continues to lack the capacity to...

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Politics Today
4 weeks ago4 weeks ago

The report also highlighted that about 1.7 million graduates leave Nigeria’s universities and polytechnics every year, yet the economy continues to lack the capacity to absorb them into the labour market. The post 80m Nigerian youth unemployed – Report appeared first on Premium Times Nigeria.

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Nigeria’s Data-Driven Life: A Staggering ₦721 Billion Spent Every Month!
Welcome to Follow the Money, our weekly deep dive into the revenue streams, business models, and expansion tactics shaping African fintechs and financial institutions. Tune...

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Tech
1 month ago1 month ago

Welcome to Follow the Money, our weekly deep dive into the revenue streams, business models, and expansion tactics shaping African fintechs and financial institutions. Tune in every Monday for fresh insights. In Nigeria, everyday life-from football matches and religious gatherings to binge-watching Nollywood films-is increasingly powered by internet data. This digital transformation, coupled with a...

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Lagos Set to Boost Economy with an Extra $1 Billion in Annual Forex Inflows
Lagos Aims to Boost Annual Foreign Exchange Earnings by $1 Billion Through SME Growth Empowering SMEs to Drive Economic Expansion The Lagos State Government has...

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Opinion
1 month ago1 month ago

Lagos Aims to Boost Annual Foreign Exchange Earnings by $1 Billion Through SME Growth Empowering SMEs to Drive Economic Expansion The Lagos State Government has set an ambitious goal to increase its foreign exchange inflows by an additional $1 billion each year within the next five years. This target is anchored on the development and...

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Unmasking Nigeria’s Economic Myths: How Taxing the Poor and the Illusion of a Trade Surplus Are Holding the Nation Back
Unpacking Nigeria’s Economic Landscape: The Reality Behind Trade Surplus Claims Question: “Had Nigeria developed a thriving manufacturing industry, would trade restrictions have effectively curtailed the...

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Opinion
1 month ago1 month ago

Unpacking Nigeria’s Economic Landscape: The Reality Behind Trade Surplus Claims Question: “Had Nigeria developed a thriving manufacturing industry, would trade restrictions have effectively curtailed the influx of foreign products? Contrary to expectations, imported goods continue to dominate the market.” The Manufacturing Sector’s Role in Shaping Trade Dynamics A strong industrial base is often the backbone...

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Lagos Aims to Supercharge Economy with Leather Exports Expected to Rake in N387.5 Billion Annually – Sanwo-Olu
Governor Babajide Sanwo-Olu has revealed that Lagos is projected to earn around N387.5 billion annually in export revenue from its newly established Industrial Leather Hub...

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Opinion
1 month ago1 month ago

Governor Babajide Sanwo-Olu has revealed that Lagos is projected to earn around N387.5 billion annually in export revenue from its newly established Industrial Leather Hub once it operates at full scale. This initiative represents a major advancement for Lagos’ leather sector, elevating the state’s status as a prominent contributor to the international leather export industry.

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