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Henry Williams

Business

Nigeria’s floundering economy at crossroads, needs urgent attention

Nigeria may dive deeper into an economic crisis if government does not take urgent, deliberate steps to rescue it from a looming collapse. This is...

Henry Williams -

Business

Nigeria’s Q1 GDP numbers show poverty still on the rise

There were no surprises in the latest GDP numbers for Nigeria published by the National Bureau of Statistics (NBS) on Sunday. Africa’s largest economy expanded...

Henry Williams -

Business

Manufacturers say positive GDP growth masks sector’s true health

Manufacturers are saying the growth recorded by the sector in the first quarter of 2021 is not reflective of the obstacles in their path. After...

Henry Williams -

Business

With eye on fragile economic recovery, CBN holds benchmark interest rate at 11.5%

The Central Bank of Nigeria (CBN) on Tuesday retained its benchmark interest rate at 11.5 percent after the two-day Monetary Policy Committee (MPC) meeting...

Henry Williams -

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Super Falcons Crush Comoros 5-0, Set Up Morocco Clash

Nigeria’s Super Falcons have secured a place in the third round of the African qualifiers for the 2028 Los Angeles Olympic Games after defeating Comoros 5-0 at the Remo Stars Stadium in Ikenne, Ogun State, on Tuesday. The victory completed a commanding 7-0 aggregate triumph for Nigeria, following...

Oyedele Warns Against New Taxes Amid Economic Strain

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has cautioned governments against introducing new taxes or increasing existing tax burdens, particularly on low-income households and productive sectors of the economy. Oyedele gave the warning during the 2026 annual meetings of the International Monetary Fund...

Kim Flexes US-Range Missile Before Trump Trip

North Korea unveiled the Hwasong-20 ICBM, capable of striking the US mainland, at a new defence museum as Donald Trump hinted at a meeting with Kim Jong Un at the APEC summit in China this November. North Korean leader Kim Jong Un opened a new Defence Revolution Museum...