Economy

The Bank of England has announced a reduction in the base interest rate, cutting it from 4.00% to 3.75% following a decision by the Monetary Policy Committee on 18 December …

The Bank of England has cut interest rates once again, but the message from policymakers is clear: this may be one of the last easy reductions for a while. On …

For millions of people building their lives in Britain including workers from the African and wider diaspora changes in the UK jobs market are felt quickly and personally. New official …

For Nigerians living in the UK, rising prices have been one of the toughest parts of settling abroad, from rent and food to transport and energy bills. New data from …

Vice President Kashim Shettima has assured that the Federal Government is committed to partnering with Imo State to boost investment opportunities and accelerate economic growth across key sectors. Speaking on …

Former UK Prime Minister Boris Johnson has lauded Nigeria’s contributions to global development, describing the country as a vital partner in areas ranging from culture to technology. Speaking at the …

Former presidential candidate Peter Obi has expressed concern over Nigeria’s exclusion from the International Monetary Fund’s latest list of Africa’s fastest-growing economies, calling it a sobering reflection of the country’s …

Nigeria’s headline inflation rate dropped to 18.02% in September 2025, down from 20.12% in August, according to the latest Consumer Price Index (CPI) report released by the National Bureau of …

British inflation rose unexpectedly in June, reaching its highest level in a year and a half, according to official data released Wednesday. The increase intensifies challenges for Prime Minister Keir …

President Bola Tinubu on Thursday, May 29, 2025, reaffirmed the necessity of his administration’s bold economic reforms—scrapping the petrol subsidy and unifying Nigeria’s foreign exchange windows—insisting they were critical to …