Economy

Global economy faces recession risk over Iran war, IMF warns

The global economy could slide toward recession if the ongoing US-Israel war with Iran...

Iran war may push 32 million into poverty with Africa among hardest hit

The economic fallout from the ongoing Iran war could push more than 32 million...

Nigeria’s global happiness ranking falls to four-year low as hardship persists

Nigeria has slipped further in global happiness rankings, amid unrelenting economic pressures on households...

World Bank warns Nigeria: 139m citizens still in poverty despite reform progress

The World Bank has warned that while Nigeria’s recent economic reforms have begun to...

Tinubu declares “worst is over” as Nigerians grapple with hardship

President Bola Tinubu marked Nigeria’s 65th Independence Day on Wednesday with a defiant message:...

Tinubu feeding hungry Nigerians with “false” economic data – Obi

Labour Party presidential candidate Peter Obi has accused President Bola Tinubu of feeding Nigerians...

Billions unaccounted for in Nigeria’s books as IMF flags data gaps

Nigeria is struggling to account for billions of dollars in its official trade and...

Naira amongst Africa’s top three weakest currencies in 2024

While African currencies generally stabilized in 2024 following earlier reforms, three currencies stood out...

World Bank: Nigeria’s crushing poverty to worsen despite oil wealth

Despite Nigeria’s natural resource wealth and repeated government assurances of progress, more citizens are...

More pain ahead as IMF predicts 37% inflation for Nigeria in 2026

Nigeria’s economic will likely deepen in the coming year as the International Monetary Fund...