EconomicImpact

As conflicts abroad push fuel prices higher, Nigeria faces a critical decision: restore its domestic refining capacity or remain exposed to external shocks. TOYE FALEYE reports. While this challenge is …

Washington’s new tariff plan targets Nigeria and a swath of African economies, with some facing even steeper penalties The United States has unveiled sweeping tariff hikes that place Nigeria among …

Kehinde Adegoke | Reuters London: Faced with rising costs from the Labour government’s new employment reforms, more than a third of British employers plan to cut permanent staff hiring, putting …

A quarter‑century of Nigeria’s democracy has produced countless corruption trials — but few convictions. From governors to ministers, legislators to security chiefs, the catalogue of stalled cases exposes a justice …

Lagos: A non-profit organisation, Paradigm Initiative (PIN), has raised concerns over Tanzania’s internet blackout during the election period and the continued suspension of X (formerly Twitter). The Executive Director of …

Umuahia (Nigeria): The 2025 National Division I and II Nigerian Volleyball League ended on Saturday in Umuahia, Abia, with the teams from Abuja clinching the top positions across multiple categories. …

Lagos: An Information Technology (IT) expert says the recent decision by OpenAI to implement a 7.5 per cent Value Added Tax (VAT) on ChatGPT subscription will possibly have a dual-edged …

An unusually early wave of bird flu is sweeping Europe, with more countries reporting outbreaks than at any point in the past 10 years. This creates intense fears of a …

Abuja (Nigeria): The Federal High Court in Abuja has fixed Nov. 12 for ruling in a motion filed by Binance Holdings Limited seeking to void the substituted service of court …

In a development few anticipated, Uber has emerged as a significant economic player in Nigeria’s transport sector. According to a newly published impact study, the ride-hailing platform injected an estimated …