US: California becomes world’s 4th largest economy, overtakes Japan
California has now become the fourth biggest economy in the world, moving ahead of Japan. Governor Gavin Newsom shared the news on Thursday, using data from the International Monetary Fund and the U.S. Bureau of Economic Analysis. The state’s economy reached $4.1 trillion, while Japan’s stood at $4.02 trillion. This means only the United States […]
Dr. Chima Amadi Unveils 8-Point Agenda For Imo State’s Economic Revival
Dr. Chima Matthew Amadi has introduced a new 8-point plan to help bring back Imo State’s economy. He shared his ideas during a public meeting on Friday, April 18, 2025, in Owerri, the capital of Imo State. Dr. Amadi believes that reviving old industries in the state—like Avutu Poultry, Adapalm, Standard Shoe Company, and Imo […]
We are not afraid – Xi Jinping says as China Raises Tariffs on U.S goods to 125% as Tit-For-Tat Trade War Escalates
The trade war between China and the U.S. is getting even more serious. On April 11, China announced it will raise taxes on American goods from an average of 84% to a massive 125%. This is China’s strongest move yet in response to U.S. tariffs. President Xi Jinping said during a meeting with Spain’s Prime […]
Climate change threatening very foundation of Nigeria’s food system – FG
Nigeria’s food system is at risk because of climate change. Rising temperatures and unpredictable weather are making it harder for farmers to grow crops and raise animals. This was the key message shared by the Minister of Innovation, Science, and Technology, Chief Uche Nnaji, at a Commonwealth roundtable on climate finance and food security in […]
Hardship: Why we don’t regulate food prices – Nigerian govt
The Nigerian government has explained why it is not considering fixing food prices despite the rising cost of food in the country. According to the Minister of Information and National Orientation, Mohammed Idris, the government believes in a free market system that encourages entrepreneurship, especially in agriculture. During the first ministerial briefing for 2025 in […]
Why Governor’s Take 65% Of Federal Account Allocation – Tinubu
President Bola Tinubu has explained why state governors receive the majority of federal revenue allocations, stating that their role is critical to Nigeria’s development. Speaking during a New Year visit by the Nigeria Governors Forum (NGF) at his Ikoyi residence, Tinubu emphasized that governors are central to driving food security, economic growth, and national prosperity. […]
Over-dependence on oil will make Nigeria vulnerable — Speaker, Abbas
Nigeria’s over-reliance on oil is putting its future at risk, according to Tajudeen Abbas, the Speaker of the House of Representatives. In a speech at the 14th convocation of Al-Hikmah University in Ilorin, Abbas warned that depending too much on oil would only lead to more poverty, inequality, and joblessness in the country. He stressed […]
Oyebanji Signs ₦375.7bn 2025 Budget, Promises Massive Infrastructure, Agric Driv
Governor Biodun Oyebanji of Ekiti State has signed the 2025 budget into law, totaling ₦375.7 billion. Known as the “Budget of Sustainable Impact,” this financial plan focuses on improving infrastructure, boosting agriculture, and creating opportunities for economic growth. The budget, passed by the State House of Assembly, was signed during a ceremony at the Governor’s […]
FG Plans To Slash Inflation From 34% To 15% In 2025
The Federal Government of Nigeria has announced its strategy to cut inflation from 34% in 2024 to 15% by the end of 2025. This plan, outlined in the 2025 budget, focuses on key measures to stabilize the economy and ease the cost of living for Nigerians. The government plans to enhance security across the country, […]
Nigeria and France Ink €300m Deal to Enhance Agriculture and Food Security
On Thursday, Nigeria’s President Bola Tinubu and France’s President Emmanuel Macron signed two significant agreements in Paris aimed at enhancing agriculture, food security, and infrastructure development. These agreements, signed during an economic forum at the Palais des Élysée, are part of President Tinubu’s state visit to France. The event also saw important business milestones, such […]