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Latest News in Nigeria - Page 17

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

Nigeria’s Equity Market Rises By N2.5bn In February Despite Volatility

The value of Nigeria’s equity market increased by N2.5 billion in February despite fluctuations caused by bargain hunting and profit-taking. The market recorded a 3.18% rise due to strong performances in industrial, consumer goods, and insurance stocks, even as oil & gas

March 1, 2025

Zelenskyy Not Ready For Peace, Says Trump After Their Oval Office Clash

News·World News

Zelenskyy Not Ready For Peace, Says Trump After Oval Office Clash

President Donald Trump declared on Friday that Ukrainian President Volodymyr Zelenskyy is “not ready for peace” as long as the United States is involved in negotiations to end Russia’s invasion of Ukraine. Trump’s statement followed a tense Oval Office meeting, where he

March 1, 2025

Naira vs Dollar: What To Expect This Week (31st March – 5th April 2025)

Business·Markets·News

Naira Falls To N1,500 per Dollar As FX Scarcity Worsens

The Nigerian Naira depreciated further in the parallel market on Friday, closing at N1,500 per dollar as foreign exchange (FX) scarcity continues to pressure the local currency. The exchange rate fluctuated throughout the week, reflecting persistent volatility in the forex market. Market

February 28, 2025

Ramadan Begins On Saturday As Saudi Arabia Confirms Crescent Moon Sighting

News

Ramadan Begins March 1 As Saudi Arabia Confirms Crescent Moon Sighting

Saudi Arabia has announced that Ramadan will begin on Saturday, March 1, following the sighting of the crescent moon. The Saudi Royal Court made the declaration on Friday, confirming the start of the fasting period for Muslims in the Kingdom. Taraweeh prayer,

February 28, 2025

Business·News

NLC Cancels Planned Protest After Agreement On 35% Telecom Tariff Hike

The Nigeria Labour Congress (NLC) has called off its planned protest scheduled for March 1, 2025, after reaching an agreement with the Federal Government on the recent increase in telecommunications tariffs. The decision follows negotiations that led to the reduction of the

February 28, 2025

6 Factors Behind Poor Performance Of Nigeria’s Oil & Gas Stocks This Year

Business·Markets·News

Nigeria’s Equity Market Declines By 0.11% As Investors Trade Cautiously

Nigeria’s equity market fell by 0.11% on Thursday as investors continued to trade cautiously. Stocks such as Fidson, Ecobank Transnational (ETI), Prestige Assurance, and Sunu Assurances recorded losses, contributing to the overall dip in the market. Fidson recorded the highest drop, falling

February 28, 2025

Business·News

Why Trump’s Tax Reforms May Reduce Foreign Direct Investment in Nigeria

The Nigerian Economic Summit Group (NESG) has warned that Donald Trump’s tax reforms could reduce Foreign Direct Investment (FDI) in Nigeria. According to a report titled Trump’s Policy Playbook: Strategic Implications for Nigeria, released in February 2025, the NESG noted that Trump’s

February 28, 2025

Lagos Assembly: Obasa Resumes As Speaker After Removal

News·Politics

Lagos Assembly: Obasa Returns As Speaker After Removal

Mudashiru Obasa, the former speaker of the Lagos State House of Assembly, has announced his return as the head of the legislative arm. Obasa made this declaration on Thursday after entering the speaker’s office at the Lagos Assembly complex. Obasa Declares Himself

February 27, 2025

Africa·Business·News

African Countries With The Highest Debt-to-GDP Ratio

The debt burden of African countries has been rising, raising concerns about economic stability and financial sustainability. Many African nations rely on borrowing to fund infrastructure projects, social programs, and economic development. However, excessive debt can lead to financial strain, making it

February 27, 2025

Business·News

Top 10 Canadian Cities With Best Job Prospects For Nigerians

Canada remains a top destination for Nigerians seeking better job opportunities. With a strong economy and growing industries, several cities offer great employment prospects. Nigerians with skills in technology, healthcare, finance, and renewable energy can find jobs in many sectors. This article

February 27, 2025

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Latest News in Nigeria - Page 17

Nigeria’s Equity Market Rises By N2.5bn In February Despite Volatility

Zelenskyy Not Ready For Peace, Says Trump After Oval Office Clash

Naira Falls To N1,500 per Dollar As FX Scarcity Worsens

Ramadan Begins March 1 As Saudi Arabia Confirms Crescent Moon Sighting

NLC Cancels Planned Protest After Agreement On 35% Telecom Tariff Hike

Nigeria’s Equity Market Declines By 0.11% As Investors Trade Cautiously

Why Trump’s Tax Reforms May Reduce Foreign Direct Investment in Nigeria

Lagos Assembly: Obasa Returns As Speaker After Removal

African Countries With The Highest Debt-to-GDP Ratio

Top 10 Canadian Cities With Best Job Prospects For Nigerians

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