Volvo Group has reported a 30% drop in profits, attributing the decline to ongoing uncertainty surrounding US tariffs. This situation has raised concerns among investors […]
Category: Economic
U.S. Sets Tariffs of Up to 3,521% on Southeast Asia Solar Panels
The U.S. government has announced new tariffs reaching as high as 3,521% on solar panels imported from Southeast Asia. This drastic measure aims to combat […]
Gold Price Hits Record High Above $3,500
Gold prices have surged to a record high, surpassing $3,500 per ounce. This increase reflects rising demand amid economic uncertainties and inflation concerns. Investors are […]
Dollar Weakens, Stocks Fluctuate Amid Trump-Powell Clash
The U.S. dollar has weakened as stock markets experienced fluctuations following a public clash between former President Donald Trump and Federal Reserve Chairman Jerome Powell. […]
Nigeria Secures First Balance of Payment to Revitalize Abandoned NALDA Farms
Nigeria has made a significant stride by securing its first balance of payment aimed at revitalizing abandoned farms under the National Agricultural Land Development Authority […]
China’s Exports Surge by 12.4% Amid Tariff Tensions with the U.S.
China has reported a significant 12.4% increase in exports, despite ongoing tariff tensions with the United States. This surge highlights the resilience of China’s manufacturing […]
Nigeria’s Gas Exports Soar by 48% Amid Global Energy Transformation
Nigeria has seen a remarkable 48% increase in gas exports, reflecting a significant shift in the global energy landscape. Countries worldwide are seeking alternative energy […]
Nigeria Launches LEEP to Empower Citizens
The Federal Government of Nigeria has launched the Local Economic Empowerment Program (LEEP) to improve citizens’ livelihoods. This initiative provides essential training, resources, and support […]
NITDA Advocates Strategic Policies to Boost Digital Innovation in Nigeria
The National Information Technology Development Agency (NITDA) is calling for strategic policies to better align digital innovation with Nigeria’s development objectives. This initiative seeks to […]
SMEDAN Boosts Over 2,600 Small Businesses in Nigeria
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has successfully empowered more than 2,600 small businesses across the nation. This initiative seeks to […]