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News
Niger State Eyes Industrial Boom With Proposed International Trade Zone
47+ min ago (415+ words) The Niger State Government has reaffirmed its commitment to attracting investment, accelerating industrialisation and expanding international trade through the proposed establishment of a world-class international trade zone at the Garam-Azhbisa Industrial Park in Tafa Local Government Area. This was disclosed…...
Nigeria’s Economy Resilient To External Shocks – Cardoso
3+ day, 1+ hour ago (457+ words) The Central Bank of Nigeria (CBN) has expressed confidence in the country’s economy, saying it has continued to demonstrate strong resilience in the face of external pressures. CBN Governor, Olayemi Cardoso, stated this during an interactive session with the Senate…...
CBN Retains Interest Rate At 26.5%, Raises Concerns Over Heightened 'Global Uncertainties"
4+ day, 4+ hour ago (391+ words) It reached the decision following the MPC meeting held in Abuja on Tuesday. The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has opted to keep the Monetary Policy Rate (MPR), which is the country’s benchmark interest rate, unchanged…...
Asia Stocks Tumble On Tech Worries, Mideast War
1+ week, 2+ day ago (187+ words) Channels Television is a multiple award winning 24-hour news and media organization which was founded in 1992 by Nigerian veteran broadcasters and business moguls: John Momoh and Sola Momoh. The Company commenced operations in Lagos, south western Nigeria and has since…...
South Korea Central Bank Raises Interest Rates To 2.75%
1+ week, 2+ day ago (204+ words) South Korea’s central bank raised its interest rates by 25 basis points on Thursday, for the first time in more than three years. The Bank of Korea (BOK) convened a Monetary Policy Board meeting and “raised the benchmark rate from 2.5 percent…...
People refuel their cars at a Gazpromneft petrol station in Moscow on June 24, 2026. (Photo by Igor IVANKO / AFP)
1+ mon, 1+ day ago (101+ words) Channels Television is a multiple award winning 24-hour news and media organization which was founded in 1992 by Nigerian veteran broadcasters and business moguls: John Momoh and Sola Momoh. The Company commenced operations in Lagos, south western Nigeria and has since…...
Bank Of England Follows Fed In Holding Interest Rate
1+ mon, 6+ day ago (506+ words) The Bank of England held its benchmark interest rate at 3.75 per cent Thursday, opting against an increase despite elevated inflation after the US-Iran war pushed up energy prices. The widely expected BoE decision came after the Federal Reserve on Wednesday…...
Crude Prices Plunge, Stocks Surge On US-Iran Peace Deal
1+ mon, 1+ week ago (860+ words) Oil prices tumbled, and stocks soared Monday after the United States and Iran said they had reached a deal to end their war that will reopen the Strait of Hormuz, sending a wave of relief through global markets. The two…...
Canada Central Bank Holds Key Interest Rate Steady As Economy Struggles
1+ mon, 2+ week ago (459+ words) The announcement marked the Bank of Canada's fifth consecutive hold. Canada has experienced two quarters of negative growth, a circumstance some economists label a technical recession. Canada’s central bank held its key lending rate at 2.25 per cent on Wednesday, warning…...
US Consumer Inflation Hits Fresh Three-Year High In May
1+ mon, 2+ week ago (266+ words) US consumer inflation surged to a fresh three-year high in May, according to official data released Wednesday, as increased energy prices rippled through the world's largest economy. The consumer price index (CPI) rose 4.2 per cent year-on-year, up from April’s 3.8 per…...