Tag: Economy

Nguema Secures Landslide Victory in Gabon’s Presidential Election, Cementing Post-Coup Power

In a decisive electoral outcome, Brice Oligui Nguema, the leader of the…

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Nigeria’s Power Grid Faces Collapse Amidst $400M Debt, Warns Elumelu

The stability of Nigeria's electricity supply is under severe threat, with Tony…

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Naira Stability and Rising Reserves: How Nigeria’s FX Reforms Impact Citizens

Nigeria's recent foreign exchange (FX) reforms are beginning to show tangible effects,…

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Inflation Fight: CBN’s Tight Monetary Policy and Its Impact on Nigerian Consumers

The Central Bank of Nigeria's (CBN) aggressive monetary policy, characterized by significant…

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Updated: Nigeria’s Economic Reforms Earn Rating Upgrade Amidst Persistent Challenges

International credit rating agency Fitch has upgraded Nigeria's long-term foreign-currency issuer default…

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Naira’s Recent Dip ‘Reasonable’ Amidst Global Market Turmoil, Says JP Morgan

Despite a recent dip in the Nigerian Naira against the US dollar,…

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Nigeria’s Credit Rating Climbs to B Amidst Economic Reforms, Fitch Says

Fitch Ratings has upgraded Nigeria's long-term foreign currency debt rating to B,…

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China Escalates Trade War, Imposes 125% Tariffs on US Goods

In a dramatic escalation of the ongoing trade dispute, China has announced…

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