Monday 11 May 2026 3:34 pm Banking industry goes on the offensive. The UK’s industry body for banking has stepped up its lobbying efforts for the government to improve “anaemic” growth figures and bolster the financial services sector. A new report published by UK Finance – the body representing around 300 firms that provide UK
Nigeria’s new tax laws have introduced several technical terms into conversations around business, compliance, and government revenue. While many of these concepts were previously limited to tax professionals, they are becoming increasingly relevant to companies, investors, digital businesses, and even employees. Here are 12 tax terms emerging from the Nigeria Tax Act, 2025, and what
During a time of widespread angst over the economy, National Economic Council (NEC) Director Kevin Hassett appeared on CNBC’s “Squawk Box” and aggressively defended President Donald Trump’s record on inflation. When told that inflation has increased, not decreased, since former President Joe Biden left office, Hassett argued, “The bottom line is inflation is going down
Monday 11 May 2026 12:01 am | Updated: Sunday 10 May 2026 2:48 pm Investment minister Jason Stockwood (Photo by Ian Forsyth/Getty Images The government is looking Down Under to bankroll major infrastructure projects, as it aims to raise £99bn in Australian pension investment the next decade. Investment minister Lord Stockwood is touring Australia, Malaysia
…OMO sales in first four months match 2025 total Traditionally, pre-election years in Nigeria are characterised by a deluge of campaign spending that could drown the economy in inflationary pressure. To preempt this surge, the Central Bank of Nigeria (CBN) has ramped up its Open Market Operations (OMO) to an unprecedented scale, acting as a
President Donald Trump has promoted his “Trump Accounts,” or stock market investment accounts for American children, as being great for future generations — but experts are not so sure. “The federal government is less than two months away from opening Trump Accounts for private contributions on July 4, 2026, and a debate over what should
Spending on Visa premium consumer cards in Nigeria rose sharply during the 2026 Ramadan and Eid Al-Fitr season, driven by increased travel activity, higher grocery purchases, and a surge in food-related spending around the festive period. According to the latest consumer spending insights released by Visa, spending on premium consumer cards increased by 20 percent
The Irish Star reports critics bushwhacked a White House social media post wherein it proclaimed to be an ally of small business when consumer satisfaction is historically low. The mass attack came on the heels of a small business summit held at the White House, after which the White House posted on X, stating: “Small
Nigeria’s business recovery showed further signs of strain in April 2026 after the manufacturing sector slipped back into contraction amid financing constraints, rising operating costs, insecurity, and persistent power shortages. The latest Business Confidence Monitor (BCM) released by the Nigerian Economic Summit Group (NESG) showed that the manufacturing sector’s performance index fell to 98.7 points
In recent years, there has been much discussion of the United States’ floundering wage growth, with the numbers slumping steadily since 2023. But April brought a brief if notable uptick in growth, increasing by .2 percent to a growth rate of 3.6 percent. While that’s not exactly skyrocketing, it could theoretically be viewed as a