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Latest News in Nigeria - Page 15

Will Petrol Prices Stay Low, Or Are Nigerians Being Set Up For Another Price Hike?

In recent months, Nigerians have experienced a notable decline in petrol prices, a welcome change in a country where fuel costs have long been a contentious issue. This reduction is largely attributed to increased local refining capacity and competitive market dynamics. However,

March 5, 2025

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Business·Markets

Nigeria’s Stock Market Falls As Transcorp, Eterna, Dangote Sugar Decline

The Stock Market in Nigeria dropped by 0.51 percent on Tuesday as major stocks like Transcorp, Eterna, and Dangote Sugar recorded losses. The market’s total value decreased by N345 billion, while the year-to-date (YtD) return declined to +3.86 percent. So far this

March 5, 2025

Fuel Price War Intensifies As Landing Cost Drops To N774

Business·Oil & Gas

Why Petrol Price Reduction Will Continue Until June – Rewane

Bismarck Rewane, Managing Director of Financial Derivatives Company Limited, has predicted that the ongoing petrol price reduction in Nigeria will continue until June 2025. Speaking on Channels Television’s Business Morning on Tuesday, March 4, 2025, Rewane explained that recent reductions by the

March 4, 2025

How Tariffs Trigger Trade War Between US, China, Canada

World News

How Tariffs Are Triggering Trade War Between US, China, Canada

The United States, China, and Canada are locked in a growing trade war after US President Donald Trump raised tariffs on Chinese goods to 20% and imposed a 25% levy on imports from Canada and Mexico. The White House claims the move

March 4, 2025

Naira vs Dollar: What To Expect This Week (24th-30th, March 2025)

Business·Markets

Naira Holds Steady As Forex Market Sees Increased Transparency

The Nigerian naira started Tuesday’s trading session at N1,510 per dollar on the black market but later strengthened in the official foreign exchange market. This comes as market transparency improves under ongoing reforms by the Central Bank of Nigeria (CBN). Data from

March 4, 2025

The Slippery Slope Of Banking Fees: What’s Next After ATM Withdrawal Fees?

Business·FEATURES·Finance & Economy

Slippery Banking Fees: What’s Next After ATM Withdrawal Charges?

In recent years, Nigerian bank customers have become increasingly familiar with variety of charges associated with their accounts. From account maintenance fees, to SMS alerts charges, these costs have steadily added up, often without customers fully realising their impact. The latest development

March 4, 2025

Business

List Of Countries Nigeria Made Most Revenue From In 2024

Nigeria, Africa’s largest economy, depends on international trade for revenue, with crude oil playing a major role. However, non-crude exports such as agricultural products and manufactured goods are becoming more important. In 2024, Nigeria exported goods to several countries, with Europe, North

March 4, 2025

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business·Markets

Nigeria’s Equity Market Declines As NGX Opens March In Red

Nigeria’s equity market started March with a decline, as the Nigerian Exchange Limited (NGX) All-Share Index (ASI) fell by 0.34 percent at the close of trading on Monday, March 3. The market, which ended February at 107,821.39 points, dropped to 107,455.13 points,

March 4, 2025

Business·Oil & Gas

NNPC Reduces Petrol Price To N860/ Litre As Competition Increases

The Nigerian National Petroleum Company Limited (NNPC) has reduced the pump price of Premium Motor Spirit (PMS), commonly known as petrol, to N860 per litre. This decision follows growing competition among major oil marketers and independent dealers, as well as changes in

March 3, 2025

Bitcoin Falls To $80k As Market Reacts To Trump’s Economic Policies

Technology·World News

Trump Announces Crypto Reserve Plan, Boosting Prices Of Bitcoin, Ethereum, 3 Others

Former U.S. President Donald Trump has announced a plan to create a Crypto Strategic Reserve, naming five cryptocurrencies that he believes should be included. The announcement caused an immediate surge in the value of these digital assets, as investors reacted to the

March 3, 2025

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Latest News in Nigeria - Page 15

Will Petrol Prices Stay Low, Or Are Nigerians Being Set Up For Another Price Hike?

Nigeria’s Stock Market Falls As Transcorp, Eterna, Dangote Sugar Decline

Why Petrol Price Reduction Will Continue Until June – Rewane

How Tariffs Are Triggering Trade War Between US, China, Canada

Naira Holds Steady As Forex Market Sees Increased Transparency

Slippery Banking Fees: What’s Next After ATM Withdrawal Charges?

List Of Countries Nigeria Made Most Revenue From In 2024

Nigeria’s Equity Market Declines As NGX Opens March In Red

NNPC Reduces Petrol Price To N860/ Litre As Competition Increases

Trump Announces Crypto Reserve Plan, Boosting Prices Of Bitcoin, Ethereum, 3 Others

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