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IMF Revises Down Global Growth Projections for 2026
Economy
2 sources

IMF Revises Down Global Growth Projections for 2026

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.

Naira Falls to ₦1,379 Against the Dollar
Economy
4 sources

Naira Falls to ₦1,379 Against the Dollar

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.

The cross-border power debt issue is minor; this is the story that matters
Economy
2 sources

The cross-border power debt issue is minor; this is the story that matters

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 ...

Oil Prices Surge 5% Following Trump's Declaration of End to Iran Ceasefire
Economy
4 sources

Oil Prices Surge 5% Following Trump's Declaration of End to Iran Ceasefire

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.

UN Reports AI Surge Pushes Intangible Investments to Unprecedented Heights
Economy
5 sources

UN Reports AI Surge Pushes Intangible Investments to Unprecedented Heights

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...

Customs exceeds 2025 revenue goal by 10.24%
Economy
1 sources

Customs exceeds 2025 revenue goal by 10.24%

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.

US conducts strikes on Iran in response to attacks in the Strait of Hormuz
Economy
1 sources

US conducts strikes on Iran in response to attacks in the Strait of Hormuz

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...

Improved agreements for native sailors
Economy
1 sources

Improved agreements for native sailors

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.

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