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Latest News in Nigeria - Page 27

China Hits Back On Trump With Tariffs On U.S. Imports

China Hits Back At Trump With Tariffs On U.S. Imports

China has announced new tariffs on U.S. imports in response to Washington’s latest trade restrictions. The country will impose a 15% tariff on coal and liquefied natural gas (LNG) and a 10% tariff on crude oil, agricultural machinery, and large-engine cars from

February 4, 2025

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

Business·Markets·News

Nigeria’s Stock Market Gains N83bn As Investors Buy Undervalued Stocks

Investors in Nigeria’s stock market gained about N83 billion on Monday, as the market’s key performance indicators closed higher by 0.13 per cent. The increase came as investors renewed interest in undervalued stocks, taking advantage of their strong fundamentals as the full-year

February 4, 2025

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

Business·Markets·News

Naira Gains Strength In Parallel Market, Trades at N1,605/$1

The Naira recorded a notable gain in the parallel market on Monday, appreciating by N5 against the US dollar. According to sources from Prime Business Africa, the local currency traded at N1,605 per dollar (selling) and N1,602 per dollar (buying), reflecting an

February 3, 2025

News·World News

Trump’s Tariff Threats Shake Global Stock Markets

Stock markets around the world fell sharply on Monday as investors reacted to U.S. President Donald Trump’s announcement of new tariffs on Canada, China, and Mexico. The financial sector saw heavy losses, with Wall Street, European, and Asian markets suffering declines. Trump

February 3, 2025

Naira Falls Against Dollar Across FX Markets

Business·Markets·News

Naira Strengthens By N63.72 Against Dollar As CBN Policies Boost Confidence

The naira recorded significant gains in January 2025, closing at N1,474.78 per dollar on January 31 at the Nigerian Foreign Exchange Market. This marked a 4.14% appreciation, gaining N63.72 against the dollar in one month. According to the FMDQ Securities Exchange Limited

February 3, 2025

News·Politics

Tinubu Did Not Order Obasa’s Reinstatement – Lagos Lawmakers

Members of the Lagos State House of Assembly have dismissed reports that President Bola Tinubu ordered them to reinstate former Speaker Mudashiru Obasa. A viral online report on Sunday claimed Tinubu had pressured lawmakers to allow Obasa’s return, three weeks after his

February 3, 2025

Business·FEATURES·News·Oil & Gas

Dangote Refinery’s Fuel Price Reductions: Will Nigerians See Cheaper Petrol Soon?

The price cuts at Dangote Refinery have sparked much hope for Nigerians who have long struggled with high fuel prices. On February 1, 2025, the refinery announced a notable reduction in the ex-depot price of petrol from N950 to N890 per litre

February 3, 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·News

Nigerian Stock Market Ends January 2025 On Strong Note With 1.52% Growth

The Nigerian stock market closed January 2025 with strong gains, as the All-Share Index (ASI) jumped by 1,567.55 points to settle at 104,496.12 points. This represents a 1.52% increase from the month’s opening figure of 102,928.57 points. Market analysts attributed this growth

February 3, 2025

News·Politics

LG Autonomy: Why LGAs Failed To Receive Monthly Allocations From Federation Accounts For January

Local government areas (LGAs) across Nigeria have encountered a major hurdle in receiving their monthly allocations directly from the federation accounts. Despite gaining financial autonomy through a Supreme Court ruling in July 2024, many LGAs failed to meet the Central Bank of

February 2, 2025

Business·News

20 Valentine’s Day Business Ideas To Make Quick Money

Valentine’s Day is not just about love; it is also a great business opportunity to make money. In 2023 alone, Americans spent nearly $26 billion on gifts, making it one of the most profitable holidays for entrepreneurs. From selling flowers to organising

February 2, 2025

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Latest News in Nigeria - Page 27

China Hits Back At Trump With Tariffs On U.S. Imports

Nigeria’s Stock Market Gains N83bn As Investors Buy Undervalued Stocks

Naira Gains Strength In Parallel Market, Trades at N1,605/$1

Trump’s Tariff Threats Shake Global Stock Markets

Naira Strengthens By N63.72 Against Dollar As CBN Policies Boost Confidence

Tinubu Did Not Order Obasa’s Reinstatement – Lagos Lawmakers

Dangote Refinery’s Fuel Price Reductions: Will Nigerians See Cheaper Petrol Soon?

Nigerian Stock Market Ends January 2025 On Strong Note With 1.52% Growth

LG Autonomy: Why LGAs Failed To Receive Monthly Allocations From Federation Accounts For January

20 Valentine’s Day Business Ideas To Make Quick Money

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Drone Terror: Nigeria’s Airspace Under Siege – Zulum Warns

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NCDMB Unveils Nationwide Scheme to Equip 10,000 Young Nigerians for Emerging Oil and Gas Jobs

Savannah Energy Reports Strong Nine-Month Results, Welcomes NIPCO as Strategic Investor

Dangote to List Refinery on Stock Market as Capacity Expansion Targets 1.4m Barrels Daily

At 47, Nigerian Lawmaker Dasuki Quits Active Politics, Says ‘It’s Time for Younger Leaders’

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Silver Slides as Investors Lock in Profits Amid Receding Fears

Japan’s Stocks Could Rally Further As Takaichi Becomes First Female PM

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NCDMB Unveils Nationwide Scheme to Equip 10,000 Young Nigerians for Emerging Oil and Gas Jobs

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Latest News in Nigeria - Page 27

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