logo
episode-header-image
Jul 2024
11m 6s

Nigeria gambles with economic shock ther...

Financial Times
About this episode

The UK Labour government will present its plans for the upcoming year in the King’s Speech, and Morgan Stanley experienced a slowdown in growth despite a 40 per cent profit increase. Plus, the FT’s Aanu Adeoye explains the Nigerian president’s plans to revive the country’s economy.


Mentioned in this podcast:

Starmer plans to introduce AI bill in King’s Speech

Will shock therapy revive Nigeria’s economy — or sink it further?  

Morgan Stanley’s wealth business stumbles even as profits jump 


The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.


Read a transcript of this episode on FT.com



Hosted on Acast. See acast.com/privacy for more information.

Up next
Today
BCG tries to limit Gaza work fallout
EU negotiators are closing in on a trade deal with Donald Trump that would cement higher tariffs than those granted to the UK, and Boston Consulting Group’s chief executive said the group’s involvement with a postwar plan for Gaza had been “reputationally very damaging”. Plus, Eu ... Show More
10m 31s
Yesterday
Liechtenstein's zombie-trust apocalypse
US President Donald Trump extended tariff deadlines, and Liechtenstein’s trust industry is in a crisis spurred by American sanctions against Russia. Plus, Shein filed for an initial public offering in Hong Kong, and Elon Musk is trying to save Tesla from Trump. Mentioned in this ... Show More
11m 18s
Jul 7
US stocks: rally or overcorrection?
Israeli Prime Minister Benjamin Netanyahu visits Washington DC today to discuss a Gaza ceasefire proposal with US President Donald Trump, and US stocks are booming again despite uncertainty about the wider economy. Plus, Hong Kong’s stock exchange is attracting lots of companies, ... Show More
10m 9s
Recommended Episodes
Sep 2024
How “painful” will the Budget be for your finances?
With a £22bn ‘black hole’ in the public finances, the new chancellor Rachel Reeves has difficult decisions to make ahead of Labour’s autumn Budget next month. How might this hole be plugged, and where might tax rises land? In this episode, Dan Neidle, founder of think-tank Tax Po ... Show More
31m 32s
Apr 7
Are US tariffs just the beginning? With Abraham Newman
As Donald Trump declares a trade war on the rest of the world, it’s time to learn about a field of economic research known as “weaponised interdependence”. The bad news is that the US president’s weapon of choice – imposing tariffs on goods imports – is a fairly outdated tool of ... Show More
31m 33s
Nov 2024
Labour’s beef with farmers
After winning swaths of rural seats in the general election, Labour’s relationship with the countryside has nosedived, amid a row over the government’s plan to impose inheritance tax on some farms. Host Lucy Fisher is joined by Political Fix regular Jim Pickard and political corr ... Show More
36m 20s
Feb 2025
‘America is now an adversary’
The future of Ukraine and the defence of Europe will dominate when Keir Starmer jets out to the White House for talks with Donald Trump next week. Can the UK prime minister help save 80 years of Pax Americana? Or is the US on the verge of becoming an ‘adversary’ to Europe? Host L ... Show More
43m 31s
Mar 2025
Will US-Canada relations ever be the same again?
Donald Trump announced this week 25% tariffs on US car imports, a move that will impact neighbours Mexico and Canada. Canadian prime minister Mark Carney has called the tariffs "unjustified" and said it marked the end of "deep ties" between the two countries.Canadian journalist a ... Show More
30m 45s
Dec 2024
919. News: UK lenders brace for massive payouts and is the FCA 'incompetent'?
Join host Benjamin Ensor alongside some very special guests as we look at the biggest financial services and fintech stories of the past week.Topics covered include: A damning report by MPs and Lords has accused the Financial Conduct Authority (FCA) of being unfit for purpose. Me ... Show More
56m 17s
Dec 2024
Quizmas special: Political Fix’s nerd out!
Who threatened to launch an aquatic assault on the Dutch town of Leiden? And which political candidate pledged to force water bosses to take a dip in British rivers? Find out as host Lucy Fisher puts the full Political Fix panel – Robert Shrimsley, Jim Pickard, Stephen Bush, Geor ... Show More
40m 35s
Jul 2023
Will drastic reforms save Nigeria’s economy – or cause more pain?
When Bola Tinubu was elected as Nigeria’s president in May, many expected little would change. But from the first minutes of his inauguration speech, the 71-year-old has brought big changes to Africa’s largest economy. He says the moves, including scrapping a key fuel subsidy, ar ... Show More
18m 33s
Apr 2024
Money Talks: Why weight-loss drugs will reshape the world
More than 1bn people around the world are obese. That means there should be extraordinary demand for drugs to cure or mitigate the condition. Novo Nordisk is now Europe’s most valuable company and Eli Lilly’s market value has more than doubled. Both make the “miracle” drugs that ... Show More
36m 59s
May 12
Americanswers... on 5 Live! Has China won its trade war with Trump?
Donald Trump says the US has achieved a “total reset” in relations with China after both countries agreed to reduce tariffs on each other's goods for 90 days. Today Matt Chorley is joined by the full Americast ensemble to discuss whether this really marks the end of the trade war ... Show More
34m 45s