Nigerian stocks and Eurobonds extended their losses on Tuesday after United States President Donald Trump threatened to invade the country to eliminate terrorists allegedly killing Christians. However, the naira recovered, rebounding from Monday’s decline. Nigeria’s stock investors lost N612 billion loss on Tuesday following a N247 billion decline the previous day, bringing total losses in
Hungary’s gross domestic product (GDP) rose by 0.6% in the third quarter of 2025 compared to the same period a year earlier, according to both raw and seasonally adjusted data from the Central Statistical Office (KSH). Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors
The finance ministry has welcomed the World Bank’s Financial Sector Assessment (FSA) Report, an exercise mandatory every five years for systemically important jurisdictions like India. The report, released on October 30, 2025, affirms that India’s financial system has grown significantly more resilient, diversified, and inclusive since the 2017 FSAP, crediting bold reforms for enabling swift
Tuesday 04 November 2025 6:00 am | Updated: Monday 03 November 2025 6:37 pm Entrepreneurs are warning Reeves not to mess with income tax A group of young entrepreneurs has issued a fresh warning that a proposed hike to income tax will hit the self-employed hardest, and accelerate a trend of young founders relocating overseas.
President Donald Trump greets Supreme Court justices after addressing a joint session of Congress, March 4, 2025. Image via Screengrab / PBS. President Donald Trump greets Supreme Court justices after addressing a joint session of Congress, March 4, 2025. Image via Screengrab / PBS. On Wednesday, November 5 — the day after the United States’
Analysts at Stanbic IBTC Bank have projected that Nigeria’s headline inflation rate will ease to 15.84 percent in October 2025, from 18.02 percent recorded in September, as food prices moderate during the ongoing harvest season. According to the latest Stanbic IBTC Bank Nigeria Purchasing Managers Index (PMI) report, headline inflation is expected to further moderate
Prime minister Narendra Modi on Monday launched the Rs 1 lakh crore Research, Development and Innovation (RDI) scheme to boost India’s science and technology landscape for product development using local technology. Underlining the exponential pace of global change, he emphasised India’s strategic focus on emerging domains, reinforcing the national vision with “Jai Vigyan” and “Jai
FILE PHOTO: Volunteers place food items in vehicles during a mobile food distribution at Cedar Creek High School, as nearly 42 million Americans face a potential lapse in Supplemental Nutrition Assistance Program (SNAP) benefits, known as food stamps, due to the second-longest U.S. government shutdown, in Cedar Creek, Texas, U.S., November 1, 2025. REUTERS/Kaylee Greenlee/File
Thursday 30 October 2025 10:13 am | Updated: Thursday 30 October 2025 10:52 am Kemi Badenoch has put pressure on Rachel Reeves. James Manning/PA Wire The Tories are calling for Keir Starmer to sack Rachel Reeves as Chancellor for breaking the law. In a ratcheting up of the political pressure on Reeves, the opposition party
Nigeria’s long-awaited revenue rebound is failing to translate into tangible development as many state governments channel new fiscal gains into growing overheads and debt servicing, a pattern that’s crowding out capital investments needed to spur growth. Data from BudgIT’s ‘2025 State of States’ report shows that while combined revenue from the Federal Account Allocation Committee
