Economy
UN Warns Developing Economies Face Triple Shock from Energy Prices, El Niño and Rising Debt Costs
Developing countries are facing mounting economic pressure from rising energy prices, extreme weather risks and higher borrowing costs, with the United Nations warning...
Trump Says Russia Will Supply Millions of Tons of Diesel as Fuel Prices Rise
US President Donald Trump has said Russia will supply millions of tonnes of diesel fuel to the United States and global markets following...
FG Announces 30-Day Petrol Discount, Gives Priority to Public Transport Operators.
The Federal Government has announced a 30-day discount on petrol sold by the Nigerian National Petroleum Company Limited (NNPCL), with public transport operators...
NLC Gives FG October Deadline to Begin New Minimum Wage Negotiations.
The Nigeria Labour Congress (NLC) has urged the Federal Government to begin negotiations for a new national minimum wage before the end of...
Ghana to Revise Mining Bill, Restore 20 Year Lease Limit
Ghana is expected to replace its draft Minerals and Mining Bill, 2026, with a revised version restoring a maximum 20 year mining lease...
UN Warns Global Economic Growth Will Slow to 2.6% in 2026
Global economic growth is expected to slow to 2.6% in 2026 from 2.9% in 2025, as the energy shock linked to the Middle...
FG offers 30-day petrol discount through NNPC
The Federal Government has announced a 30-day discount on petrol sold through Nigerian National Petroleum Company Limited filling stations, with public transport operators...
World Bank Forecasts Nigeria Economy to Grow 4.4% Annually Through 2028
Nigeria’s economy is expected to grow by an average of 4.4% annually through 2028, while inflation and poverty could decline if the government...
