Economy
Gold Surges Past $5,000 an Ounce, Boosting Africa’s Top Producers
Gold prices surged beyond $5,000 per ounce on Monday, marking an unprecedented milestone amid rising geopolitical tensions, global monetary policy uncertainty, and renewed...
Over 25 Million Nigerians Require Humanitarian Assistance Annually – Minister
No fewer than 25 million Nigerians require humanitarian assistance each year, the Minister for Humanitarian Affairs and Poverty Reduction, Dr. Bernard Doro, has...
10 African Countries with the Smallest Proven Oil Reserves in 2025
Africa’s oil wealth is concentrated in a few countries, leaving many nations with limited crude reserves that play only a minor role in...
United States Threatens Tariffs on Countries Supplying Oil to Cuba
The United States has threatened to impose tariffs on countries that continue supplying oil to Cuba, escalating its rhetoric toward governments doing business...
Air Peace Denies Allegations of Misleading Public Over Lagos–São Paulo Route
Nigeria’s largest airline, Air Peace, has rejected claims that it collaborated with the Federal Government to mislead Nigerians over the proposed Lagos–São Paulo...
Naira Breaks N1,400/$1 Barrier on Official Market After Over a Year
Nigeria’s naira has traded below the N1,400 to the dollar mark on the official foreign exchange market for the first time in over...
IMPI Projects Nigeria’s GDP Growth at 5.5% in 2026, Cites Tinubu’s Economic Model
The Independent Media and Policy Initiative (IMPI) has projected that Nigeria’s Gross Domestic Product will grow by 5.5 per cent in 2026, attributing...
Courier Services Power Nigeria’s E-Commerce Boom Despite Lingering Hurdles
Courier operators are increasingly serving as the backbone of Nigeria’s fast-growing e-commerce ecosystem, efficiently connecting sellers and buyers and driving sharp growth in...
Telcos to Boost Network Investment Beyond $1bn in 2026 — NCC
Nigeria’s mobile network operators are set to significantly increase spending on telecommunications infrastructure in 2026, pledging to invest more than the over $1bn...
Nigerian Railway Corporation Targets 10,000km Rail Network in Five Years
The Nigerian Railway Corporation (NRC) has unveiled plans to expand the nation’s rail network from the current 4,000 kilometres to 10,000 kilometres within...
