IMF reduces global growth outlook for 2026 amid ongoing risks in the Middle East
The IMF has lowered its global growth forecast for 2026 to 3.0% due to ongoing risks in the Middle East. Despite an AI boom, global inflation is expected to rise.
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The IMF has lowered its global growth forecast for 2026 to 3.0% due to ongoing risks in the Middle East. Despite an AI boom, global inflation is expected to rise.
The Central Bank of Nigeria (CBN) has warned individuals, businesses and financial institutions against rejecting the standard N100 banknote, saying read more CBN warns against rejection ofstandard N100 note, threatens sanctions
Ticket prices for the FIFA 2026 World Cup quarter-finals have dropped by more than 50 per cent on the resale read more Market Crash: Why FIFA 2026 World Cup ticket prices plunged by over 50%
Global economic growth is now estimated at 3.0 per cent this year, the International Monetary Fund said, down from 3.1 per cent in its April forecast. The post IMF Lowers 2026 World Growth Forecast appeared first on Channels Television.
In the upper echelons of the Nigerian Exchange Limited (NGX), market forces usually dictate the rhythm of stock prices – read more Why BUA Foods ticker only dances to the Abdul Samad tune
The heated exchanges disrupted proceedings and led to a prolonged debate that lasted for about 30 minutes. The post Rowdy Session In House Of Reps Over Motion On Budget Implementation appeared first on Channels Television.
The CBN stressed that the commemorative ₦100 banknote, introduced to mark Nigeria’s centenary celebration, did not replace the existing standard ₦100 banknote. The post Standard, Commemorative ₦100 Notes Remain Legal Tender – CBN appeared first on Channels Television.
The ANOH Gas Processing Company Limited (AGPC) has signed a Network Entry Agreement (NEA) with the Nigerian Gas Infrastructure Company read more ANOH Gas signs deal with NGIC to inject 250MMscf/d into national network
President Tinubu emphasized the need for Africa to transition from discussions to actionable steps for industrial growth and job creation. His collaboration with Afreximbank aims to enhance economic cooperation across the continent.
CBN data showed that the indicative exchange rate for the market rose slightly to N1,379 per dollar from N1,371 per dollar on Monday, indicating N8 depreciation for the naira. The post Naira Down To ₦1,379 Per Dollar appeared first on Channels Television.
…let us retire the annual ritual of outrage over the ₦17.45 billion. We should note properly: it is a modest service charge on a trade that Nigeria disciplined and guaranteed years ago, not evidence that our neighbours are fleecing us. The more useful truth is that Nigeri...
The neighbours’ ‘debt’ is a residual service charge on a trade that Nigeria disciplined and guaranteed back in 2019. The real opportunity is to scale the commercial model that already works. Every few months, the same headline returns: Benin, Togo and Niger owe Nigeria ...
International benchmark Brent North Sea crude jumped 5.3 per cent to $78.09 a barrel, while the main US contract, West Texas Intermediate, advanced 5.4 per cent to $74.23 a barrel. The post Oil Jumps 5% After Trump Says Iran Ceasefire Over appeared first on Channels Television.
Oil prices have surged to $74 per barrel after President Trump's announcement regarding the end of the ceasefire with Iran. This increase reflects market reactions to geopolitical tensions in the Middle East.
The National Pension Commission is finalizing the launch of the Pension Industry Infrastructure Fund. This initiative aims to enhance investment in the country's infrastructure through pension contributions.
NNPC Limited has contributed N19.5 trillion to the Federation Account in the last 14 months. This significant remittance was announced during the 2026 Nigeria Oil and Gas Energy Week.
Across the 29 economies studied, which account for 57 per cent of global GDP, intangible investment "reached an all-time high" of over $10 trillion in 2025, according to WIPO. The post AI Boom Drives Intangible Investment To Record Level — UN appeared first on Channels Televisi...
The sudden flare-up has stoked concerns about peace talks between the foes as they look to end their conflict and fully reopen the crucial waterway. The post Oil Extends Rally As US Strikes On Iran Revive Geopolitical Fears appeared first on Channels Television.
The Nigeria Customs Service has exceeded its 2025 revenue goal by generating N7.277 trillion, surpassing the target by 10.24%. They are now seeking approval from the House of Representatives for an N11.27 trillion budget for 2026.
Both sides reported hitting dozens of targets in renewed hostilities, which have placed fresh strain on an interim deal to end the Middle East war and pushed oil prices to their highest level in two weeks. The post US responds to Strait of Hormuz attacks with strikes on Iran appe...
The US carried out a new round of strikes in Iran targeting more than 80 sites and revoked a waiver read more US strikes Iran again, blocks its oil sale and pushes oil price up to $76 a barrel
The Nigerian National Petroleum Company Limited (NNPC Ltd) on Tuesday, signed several agreements with partners, these agreements ranged from Gas read more NNPC, partners sign deals to boost gas supply, energy security
The Nigerian naira was valued at ₦1,372.96 against the US dollar on July 8, 2026. This exchange rate reflects the current trends in the Nigerian Foreign Exchange Market.
NNPC Limited has remitted N19.5 trillion to the Federation Account over the past 14 months. This significant contribution highlights the company's role in Nigeria's economy.
There is a renewed call for improved welfare for Nigerian seafarers, emphasizing their crucial role in maritime trade and the economy. Advocates argue that consistent support is essential for the sustainability of the maritime industry.
• Maintains 100% JV cash call payments, seeks partners’ compliance • FG has hired PwC to streamline over 270 fees, taxes, says Lokpobiri • Renaissance finds new oil in OML
President Bola Tinubu has called on Afreximbank to enhance its efforts in mobilizing resources for Africa's industrial growth. The bank has already invested $20 billion into the Nigerian economy over the past five years.
Oloworaran has announced significant progress in implementing the Pension Infrastructure Fund, aimed at financing critical infrastructure and enhancing retirement earnings. A review of the pension act is also underway to protect ordinary Nigerians' interests and address existing gaps.
Africa attracted $70 billion in foreign direct investment in 2025, marking a 6% increase globally. However, the continent struggles to transition into broader industrial development despite investments in strategic industries.
Kuni Tyessi in Abuja The National Commission for Almajiri and Out-of-School Children’s Education (NCAOOSCE) has clarified that projects in its 2026 budget which fall outside its statutory mandate are National