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...
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...
Ghana’s Economy Expanded by 5.5% in the Third Quarter, Reports Statistics Agency
Ghana's economy demonstrated robust growth, expanding by 5.5% year-on-year in the third quarter of 2025, as reported by the Ghana Statistical Service. This...
VP Shettima Says Tinubu Has Ended Economic Inility, Urges Digital Focus
Vice President Kashim Shettima told delegates at the Digital Nigeria International Conference and Exhibition 2025 in Abuja that the Tinubu administration has steadied...
EU Economy Lags Behind Global Competitors Due to ‘Complacency’, Warns Mario Draghi
Mario Draghi has warned that the European Union's economic competitiveness is declining due to complacency and political inaction. A year after the European...
Immigration Strengthened Europe’s Economy Post-Pandemic, Says ECB’s Lagarde
European Central Bank President Christine Lagarde underscored the vital contribution of foreign-born workers to Europe’s economic recovery following the pandemic. She noted that...
UK economy grows by 0.3% in Q2, exceeding expectations
The UK's economy expanded by 0.3% in the second quarter of 2025, surpassing the 0.1% growth anticipated by economists and the Bank of...
Zimbabwe’s economy is projected to grow by 6% in 2025, rebounding from a challenging year in 2024 marked by drought and currency inility
Zimbabwe's economy is projected to grow by 6% in 2025, rebounding from a challenging 2024 marked by a severe drought and currency instability....
Peru’s guano-producing coastal bird population declines over 75% in three years, threatening local ecosystems and economy
Peru's coastal regions are grappling with a significant ecological crisis as the population of guano-producing seabirds has declined by over 75% in the...
