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News - Page 820

Somaliland Welcomes Trump Remarks as U.S. Recognition Remains Uncertain

October 16, 2026

Somaliland has renewed its campaign for international recognition after U.S. President Donald Trump described the territory as a “totally different country” from Somalia, prompting celebrations in its capital but no indication of

Africa·Finance & Economy·News·Top Stories

Ruto Signs Laws Extending Fuel VAT Relief, Reshaping KRA Board

October 16, 2026

Kenyan President William Ruto has signed legislation extending reduced value-added tax (VAT) on fuel for 90 days, revising taxes on selected construction materials and changing the governance and funding arrangements of the

Financial Inclusion Key To Realising Nigeria's $1trn Economy Target - Cardoso

Finance & Economy·News

Why CBN Adopted Market-based Approach In Managing Forex – Cardoso

Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has advanced reasons the monetary authority decided to adopt the policy of allowing market forces determine rates in the foreign exchange market in the country.

February 22, 2024

Air Peace Offers Student Special Fares As It Begins Lagos-London Flight March 30

News·Transport

Air Peace Offers Students Special Fares As It Begins Lagos-London Flight March 30

Air Peace Limited, has announced that it would offer Nigerians studying in the UK special fares as it begins Lagos-London flight from March 30, 2024.

February 22, 2024

Business News·News·World News

US Seeks Expanded Trade Ties With Nigeria

The United States Consulate in Nigeria is on a mission to bolster trade relations with Nigeria, emphasizing prosperity for both nations. Mike Ervin, Political and Economic Section Chief of the US Consulate in Lagos, underscored this commitment during a visit to Abia

February 22, 2024

Business News·Markets·News

NGX: Stocks Rebound As Investors Breathe Sigh Of Relief With N165bn Gain

After a tumultuous two days of losses, Nigerian investors found solace today as the equity market bounced back into the green zone. The market saw a refreshing upswing with a notable injection of N165bn into investors’ portfolios, countering the hefty N2.5tn loss

February 22, 2024

Business News·News

Developers, Housing Firms Dismiss Government’s Cement Price Reduction Proposal To N8,000 As Unsustainable

In a resolute stance against the recent decision by cement manufacturers and the Federal Government to set the price of cement between N7,000 and N8,000 per bag, developers and housing firms have adamantly rejected the proposal. Terming the proposed price as detrimental

February 22, 2024

Business News·Markets·News

Binance Adopts Price Caps As Presidential Aide Advocate Ban On Forex

In response to mounting concerns from Nigerian authorities, Binance, a prominent peer-to-peer cryptocurrency exchange, has taken measures to control the selling price of the cryptocurrency stablecoin, Tether, on its platform. This move comes amidst accusations of attempting to dictate exchange rates and

February 22, 2024

Business News·News·Oil & Gas

NNPCL Destroys 82 Illegal Refineries In 1 Week, Vows To Combat Oil Theft

The Nigerian National Petroleum Company Limited (NNPCL) revealed that it eradicated 82 illegal refineries in the Niger Delta between February 10 and 15, 2024. Speaking on behalf of the corporation, a spokesperson emphasized the ongoing battle against such illicit activities. “In the

February 22, 2024

Naira Depreciation Spurs Surge in Raw Material Imports To N3trn- NBS Reveals

Business News·Markets·News

Naira Trades For N1,900/$1 Despite Rising Demand: CBN, EFCC Collaborate To Tackle Currency Speculators

The Nigerian Naira experienced a slight appreciation against the United States dollar in trading sessions, despite concerns over widening gaps between official and parallel market rates. As per data from the FMDQ Securities Exchange, the local currency closed at N1,542.58 per dollar

February 22, 2024

News·Sports

UCL: Arsenal Loses To Porto, Faces Tough Task In Emirates Decider

Arsenal endured a torrid night at the Estadio do Dragao on Wednesday as they lost 1-0 to home side Porto in the first leg of their UEFA Champions League round of 16 game

February 22, 2024

NLC Blames Govt Officials For Forex Crisis, Demands Urgent Stabilisation Of Naira

News

Our Protest Will Be Peaceful, NLC Replies DSS

Nigeria Laplbour Congress (NLC) has said its planned two days nationwide protest against economic hardship in the country will be peaceful, adding that nothing will stop it from taking place as scheduled.

February 22, 2024

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China, North Korea Open Long-Delayed Bridge to Facilitate Trade

China and North Korea opened a long-delayed border bridge on

Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

Iran Conflict Pushes South African Fuel Prices Sharply Higher

South Africa will raise petrol prices by more than 11%

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

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News - Page 820

Somaliland Welcomes Trump Remarks as U.S. Recognition Remains Uncertain

Ruto Signs Laws Extending Fuel VAT Relief, Reshaping KRA Board

Why CBN Adopted Market-based Approach In Managing Forex – Cardoso

Air Peace Offers Students Special Fares As It Begins Lagos-London Flight March 30

US Seeks Expanded Trade Ties With Nigeria

NGX: Stocks Rebound As Investors Breathe Sigh Of Relief With N165bn Gain

Developers, Housing Firms Dismiss Government’s Cement Price Reduction Proposal To N8,000 As Unsustainable

Binance Adopts Price Caps As Presidential Aide Advocate Ban On Forex

NNPCL Destroys 82 Illegal Refineries In 1 Week, Vows To Combat Oil Theft

Naira Trades For N1,900/$1 Despite Rising Demand: CBN, EFCC Collaborate To Tackle Currency Speculators

UCL: Arsenal Loses To Porto, Faces Tough Task In Emirates Decider

Our Protest Will Be Peaceful, NLC Replies DSS

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Somaliland Welcomes Trump Remarks as U.S. Recognition Remains Uncertain

Ruto Signs Laws Extending Fuel VAT Relief, Reshaping KRA Board

China, North Korea Open Long-Delayed Bridge to Facilitate Trade

Kenya’s Fuel Price Hike Threatens to Push Up Transport, Business Costs

China, North Korea Open Long-Delayed Bridge to Facilitate Trade

Iran Conflict Pushes South African Fuel Prices Sharply Higher

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Somaliland Welcomes Trump Remarks as U.S. Recognition Remains Uncertain

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