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Economy

It’s always about the economy, stupid…

Economy

Big Business: Lagos Men Spent N661 Billion on ‘Runs Girls’ in 2024, Survey Finds

Jackson Kachi | Senior News Editor -
LAGOS, Nigeria — A recent survey has revealed that men in Lagos State spent an estimated N661 billion in 2024 to satisfy their sexual...
Economy

Afenifere Criticises Tinubu’s Economic Reforms, Warns of Rising Poverty and Social Unrest

Jackson Kachi | Senior News Editor -
LAGOS, Nigeria - The Pan-Yoruba sociopolitical organisation, Afenifere, has reacted to President Bola Tinubu’s claim that Nigeria would have faced bankruptcy without his administration’s...
Economy

Petroleum Marketers Groan as Dangote, Again, Reduces Petrol Pump Price

Jackson Kachi | Senior News Editor -
AWKA, Nigeria - The Independent Petroleum Marketers Association of Nigeria, IPMAN, has raised concerns over the ongoing price war between the Nigerian National Petroleum...
Business

Trump Threatens 200% Tariff on EU Wine and Liquor, Escalating Trade Tensions

Manny Akpan | Business & Economy Editor -
WASHINGTON, USA – President Donald Trump has threatened to impose a sweeping 200% tariff on wine, champagne, and other alcoholic imports from the European...
Economy

Reps Pass Resolution Urging CBN To Suspend Planned Hike In ATM Fees

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria - The House of Representatives has urged the Central Bank of Nigeria (CBN) to suspend its recently announced increase in Automated Teller...
Business

China Slams Retaliatory Tariffs on US Imports as Trump International Trade Wars Begin

Manny Akpan | Business & Economy Editor -
WASHINGTON, USA — The United States has officially begun imposing tariffs on Chinese imports, as President Donald Trump’s trade policy shifts into full effect. The...
Economy

Nigeria’s Oil Minister Heineken Lokpobiri to Speak at Congo Energy & Investment Forum 2025

Manny Akpan | Business & Economy Editor -
BRAZZAVILLE, Republic of Congo — Nigeria’s Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, will participate as a key speaker at the inaugural...
Economy

Canada, Mexico, and China Condemn Trump’s Tariffs, Slam Retaliatory Measures

Manny Akpan | Business & Economy Editor -
WASHINGTON, USA — Hours after President Donald Trump signed an executive order imposing new tariffs on imports from Canada, Mexico, and China, all three...
Economy

Promise Kept: Trump Imposes New 25% Tariffs on Canada, Mexico, and China

Manny Akpan | Business & Economy Editor -
WASHINGTON, USA — President Donald Trump signed an executive order imposing tariffs on imports from Canada, Mexico, and China. The move risks escalating trade tensions...
Business

Dangote Refinery Raises Petrol Price Citing Rising Crude Oil Costs

Manny Akpan | Business & Economy Editor -
LAGOS, Nigeria - The Dangote Petroleum Refinery has increased the price of Premium Motor Spirit (PMS), commonly known as petrol, to N955 per litre...
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