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The World Bank has issued a warning regarding the fragility of the global food supply chain. This vulnerability is attributed to rising costs, geopolitical tensions, and climate change threats.
Nigeria's motor parks are vibrant hubs where drivers, vendors, and passengers navigate challenges like rising fuel costs and inflation. These locations highlight the resilience of individuals striving for survival amidst tough economic conditions.
A new initiative, the Nigeria Gender Country Program, has been launched to enhance gender inclusion in economic development. This program aims to engage various stakeholders, including government officials and business leaders, to drive inclusive growth.
The article discusses how technological revolutions, including AI, reshape societal values and economies. It highlights the emergence of human skill economies in response to these changes.
Fitch Ratings has affirmed Benue State’s Long-Term Issuer Default Rating at 'B' with a Stable Outlook. This reflects positive financial stability for the state as it maintains its ratings.
Farmers in Kaduna are receiving fertiliser support to prepare for the 2026 agricultural season. This initiative aims to boost agricultural productivity and enhance food security in the North-West region.
Oil prices surged by 9% to $82.90 due to escalating tensions between the US and Iran. This increase follows President Trump's announcement of a naval blockade on Iranian ports.
Customs has reported that import duty exemptions reached ₦34 trillion in 2025, highlighting the significant impact of government fiscal policies. This figure reflects ongoing challenges in the revenue-generating capacity of the Service.
The naira has remained stable in Nigeria's foreign exchange market, bolstered by an increase in foreign reserves. The reserves have risen to $51.77 billion, providing support for the currency.
Iran's Revolutionary Guards have accused the US of threatening global oil supplies by interfering in the Strait of Hormuz. This accusation comes amid rising tensions in the region.
Traders are advised to closely monitor key economic events in July 2026 to navigate market volatility effectively. Staying informed and prepared can significantly impact trading strategies and outcomes.
Iran's Revolutionary Guards have accused the US of jeopardizing global oil supplies and demand accountability. They assert their commitment to managing the Strait of Hormuz amidst these tensions.
Nigeria's oil production has surged to a six-year high, exceeding OPEC's target by reaching 1.56 million barrels per day. This achievement marks a significant milestone for the country's oil sector.
World oil prices have surged due to escalating tensions between the US and Iran, causing concern among investors. Meanwhile, South Korea's stock market experienced a significant downturn following a selloff in chipmakers.
Nigeria has exceeded its OPEC production quota, reaching a 74-month high in crude oil output. This achievement is attributed to improved operational conditions and enhanced efficiency in crude oil evacuation.
The naira has shown relative stability against the dollar in the official market recently. This trend is based on data from the Central Bank of Nigeria's NFEM platform.
The Federal Government has successfully secured N5 trillion through bond market borrowing in the first half of 2026, marking a significant 77.8% increase from the previous year. This achievement comes despite a backdrop of lower borrowing costs.
Nigeria's crude oil production has hit a 74-month high, surpassing OPEC limits for the fourth month in a row. This milestone marks a significant achievement for the country's oil sector.
Nigerian investors will likely experience high bond yields until the fourth quarter of 2026 due to ongoing inflation and fiscal deficits. Strategies for navigating this challenging financial environment are being discussed.
Nigeria's Tax Acts 2025 represent a significant step towards ambitious tax reform. Ensuring legal certainty is crucial for the successful implementation of these reforms and upholding the rule of law.