Economy & Finance

Nigeria Deposit Insurance Corporation (NDIC)

NDIC to Pay 100% Liquidation Dividend to Depositors of 20 Failed Banks in Nigeria

The Nigeria Deposit Insurance Corporation (NDIC) has announced its readiness to pay a 100% liquidation ...

Bank Verification Number in Nigeria

What is BVN? Everything You Need to Know About the Bank Verification Number in Nigeria

The Bank Verification Number (BVN) is a biometric identification system introduced by the Central Bank ...

US-China Trade War Escalates with Tariff Hikes

US-China Trade War Escalates: China Imposes 84% Tariff Hike on American Imports

In a sharp escalation of the ongoing US-China trade war, China has slammed an additional ...

Reserve Bank of India slashes interest rates

RBI Slashes Interest Rates Amid Global Economic Uncertainty and Trump’s Tariff Surge

The Reserve Bank of India (RBI) has announced a 25 basis point cut in the ...

The United States slams Nigeria’s continued import ban.

Tariff War: US Slams Nigeria’s Import Ban on 25 Items

The United States has slammed Nigeria’s continued import ban on 25 product categories. It accused ...

West Africa Urged to Embrace Green Telecoms and Affordable Spectrum for Sustainable Digital Growth

West Africa Urged to Embrace Green Telecoms and Affordable Spectrum for Sustainable Digital Growth

Amara Brewah, chairman of the West Africa Telecommunications Regulators Assembly (WATRA) and director general of ...

Trump Labels China the ‘Worst Abuser’ on Tariffs as U.S.-China Trade Tensions Escalate

Trump Labels China the ‘Worst Abuser’ on Tariffs as U.S.-China Trade Tensions Escalate

The escalating trade tensions between the United States and China have taken center stage again ...

Naira Slides to N1,600/$1 as Global Trade Turmoil Shakes Markets

Naira Slides to N1,600/$1 as Global Trade Turmoil Shakes Markets

The Nigerian naira experienced a sharp decline on April 4, 2025, slipping to N1,600 per ...

Egypt’s Net Foreign Assets Rise by $1.48 Billion in February, Signaling Economic Turnaround

Egypt’s Net Foreign Assets Rise by $1.48 Billion in February, Signaling Economic Turnaround

Egypt’s net foreign assets (NFAs) recorded a notable increase of $1.48 billion in February 2025, ...

Trump’s Global Tariffs Take Effect, Marking a Historic Shift in U.S. Trade Policy

Trump’s Global Tariffs Take Effect, Marking a Historic Shift in U.S. Trade Policy

President Donald Trump’s new 10% baseline tariffs on nearly all U.S. trading partners officially went ...

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Today in History

April 23rd is the day in 1955 that the Canadian Labour Congress is formed by the merger of the Trades and Labour Congress of Canada and the Canadian Congress of Labour.

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