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Economy

It’s always about the economy, stupid…

Business

Trump Tariffs: ‘Lesotho Exports $200 Billion’: Okonjo-Iweala Urges African Trade

Jackson Kachi | Senior News Editor -
WASHINGTON, USA - Ngozi Okonjo-Iweala, the Director-General of the World Trade Organisation (WTO), has urged African nations to enhance intra-regional trade and work towards...
Economy

Nigeria Bans Import of Oil Pipelines, Urges Patronage of Local Manufacturers

Jackson Kachi | Senior News Editor -
LAGOS, Nigeria - In a bold move to foster local industries and reduce dependence on imports, the Nigerian government has announced a ban on...
Economy

World Bank Warns More Nigerians to Slip into Poverty by 2027

Jackson Kachi | Senior News Editor -
WASHINGTON, USA - The World Bank has raised alarm over Nigeria's rising poverty rate, projecting that more Nigerians will fall into extreme poverty by...
Business

App-Based Drivers Plan May Day Strike Action, Demand Justice from Uber, Bolt, Others

Jackson Kachi | Senior News Editor -
LAGOS, Nigeria - App-based transport workers in Nigeria, including drivers for ride-hailing platforms such as Uber, Bolt, Lagride, Indrive, and Rida, have announced a...
Economy

JUST IN: NiMet Workers Suspend Strike After Keyamo’s Intervention, Averting Aviation Crisis

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria – Employees of the Nigerian Meteorological Agency (NiMET) have called off their indefinite strike after a successful intervention by the federal government,...
Business

Air Peace Grounds Flights Over NiMet Strike as Other Airlines Continue Operations

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria - Following the ongoing strike by the Nigerian Meteorological Agency (NiMet), which began on April 22, 2025, Air Peace, Nigeria’s largest domestic...
Economy

Tariffs: IMF Sounds Warning, Says ‘Ships at Sea Don’t Know Which Port to Sail to’

Jackson Kachi | Senior News Editor -
WASHINGTON, USA - Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), has raised alarm over the growing erosion of trust between...
Business

Dangote Refinery Slashes Petrol Price Again to N835/Litre

Jackson Kachi | Senior News Editor -
IBEJU-LEKKI, Nigeria - In a notable move that will impact the Nigerian petroleum market, the Dangote Petroleum Refinery has reduced the ex-gantry price of...
Economy

WTO Chief Okonjo-Iweala Warns Trump’s Tariffs Will Shrink Global Trade in 2025

Jackson Kachi | Senior News Editor -
GENEVA, Switzerland - The World Trade Organisation (WTO) has revised its global trade forecast for 2025, predicting a significant decline in global trade, largely...
Economy

Nigeria’s Petrol Still Cheaper Than Other West African Countries – NMDPRA

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria - The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has revealed that despite the removal of the petrol subsidy, the estimated...
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