Browsing Tag
Economy
275 posts
International Crude Oil Markets Experience Downturn
Global oil benchmarks fell nearly one percent on Wednesday amid Middle East tensions, while Nigerian domestic fuel prices remained stable despite recent shifts in refining and distribution.
Vice President Shettima Claims Buhari Criticism Irritates President Tinubu
Vice President Kashim Shettima has stated that criticizing former President Muhammadu Buhari is the quickest way to upset President Bola Tinubu, who prefers taking full responsibility for his own administration's results.
US Increases Sanctions on Iranian Oil and Cryptocurrency Operations
The US Treasury has tightened sanctions on Iran, targeting petroleum shipping networks and freezing $130 million in digital assets linked to the Central Bank of Iran.
Stanbic IBTC and Abia State Government Forge Alliance to Boost Small Businesses
Stanbic IBTC Bank and the Abia State Government have teamed up to support small business growth through strategic funding, policy development, and local enterprise initiatives.
Peter Obi Identifies Capable Leadership as Key to Nigeria’s Prosperity
Peter Obi argues that Nigeria's success depends on prioritizing production, education, and accountable leadership over consumption-based politics.
China’s economic expansion slows, falling below official projections
China's GDP growth hit 4.3% in the second quarter, trailing annual targets as internal market weakness offset strong export gains in technology and vehicles.
Newspaper Review: World Cup Hopes and Investigation into Widdecombe Death
Newspapers spotlight the England-Argentina World Cup semi-final, the ongoing investigation into the murder of Ann Widdecombe, and significant economic and medical news.
Reno Omokri Refutes Claims That Mexico Is Transforming Nigeria Into a Drug Center
Ambassador-designate Reno Omokri has dismissed allegations that Mexico is using Nigeria as a hub for drug trafficking, arguing that such claims harm vital diplomatic and economic partnerships.
NSCDC Detains 671 for Illegal Mining, Citing Economic Sabotage
The NSCDC has arrested 671 suspected illegal miners, with 397 cases currently under prosecution, as mining revenue reportedly increased by 337 percent between 2023 and 2026.
Trade unions urge President Tinubu to establish highway taskforce against illegal levies and checkpoints
Various trade and labor unions have asked President Tinubu to form a national taskforce to dismantle illegal highway checkpoints and combat multiple taxation affecting interstate commerce.