Economy
Federal Reserve lowers primary interest rate, anticipates improved economy next year
The Federal Reserve has lowered its key interest rate by 0.25 percentage points to 3.6%, marking its third consecutive reduction. This decision highlights...
Ethiopia’s Striving for Major Infrastructure Developments Amid Growing Tensions
Ethiopia is undertaking major infrastructure projects, including Africa's largest airport and a nuclear power plant, to boost economic growth and reduce foreign aid...
EU nations’ envoys agree to end imports of Russian gas
European Union ambassadors have approved a significant plan to phase out Russian gas imports by late 2027, aimed at reducing the EU's energy...
Nigeria’s Economy Grows by 3.98% in Q3 Due to Non-Oil Sector Expansion
Nigeria's economy showed a growth of 3.98% in Q3 2025, as reported by the National Bureau of Statistics (NBS), up from 3.86% in...
Nigeria’s Economy is on the Rise, CBN Informs Senate
The Central Bank of Nigeria (CBN) has reported to the Senate that the economy is showing signs of strengthening, attributed to recent fiscal...
Recent Advances in the European Crisis
The European Union (EU) is currently facing a complex crisis marked by economic downturns, political instability, and a housing crisis, with Germany at...
Netflix’s $72 Billion Purchase of Warner Bros. Raises Industry Worries About Antitrust Problems and Job Cuts
Netflix's proposed $72 billion acquisition of Warner Bros. Discovery, announced on December 5, 2025, has sparked widespread concern in the entertainment sector, particularly...
Tinubu Announces Plan to Build Nigeria’s Blue Economy and Strengthen Maritime Security
President Bola Tinubu has launched a new plan to develop Nigeria’s marine and aquatic resources under the blue economy. He presented the plan...
Transnet in South Africa partners with ICTSI to enhance primary container terminal operations.
South Africa's state-owned logistics company, Transnet, has entered a 25-year concession agreement with International Container Terminal Services Inc. (ICTSI), a Philippines-based terminal operator,...
Democrats Address Trump’s Cost of Living Crisis
Democratic leaders are ramping up efforts to tackle the nation's affordability crisis, a key issue ahead of the 2026 midterm elections. Senate Minority...
