Economy

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola on Monday inaugurated new members of the Nigerian Content Research and Development Council (NCRDC). The newly onboarded members are the Executive...

By John Ikani The European Central Bank (ECB) has announced a 25-basis-point reduction in its key interest rate, lowering it from 3.5% to 3.25%. This marks the third rate cut in 2024, as inflation rates in...

By John Ikani Australia's birth rate has reached a concerning low, sparking warnings from experts about the country’s economic future. New data from the Australian Bureau of Statistics shows that 286,998 births were recorded in 2023,...

By John Ikani Airbus is planning to reduce its workforce in the Defence and Space division by up to 2,500 employees, citing challenges in its satellite operations. These reductions, equating to about 7% of the division’s...

By Enyichukwu Enemanna Leaders of Saudi Arabia and Egypt on Tuesday agreed to deepen their cooperation in trade and investment, and also called for a ceasefire in Gaza and Lebanon At a meeting in Cairo, Saudi...

By John Ikani BRICS has finalized a groundbreaking move to conduct international trade using national currencies, presenting a direct challenge to the global dominance of the US dollar. Russia, eager to evade Western sanctions, is driving...