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Latest News in Nigeria - Page 29

Dollar Falls Sharply As CBN Introduces FX Code

The dollar has fallen sharply against the naira in the last two days after the Central Bank of Nigeria (CBN) introduced a new Foreign Exchange (FX) Code. The FX Code aims to improve liquidity and transparency in Nigeria’s foreign exchange market. According

January 30, 2025

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

Business·News

NLC Declares February 4 Nationwide Protest Over 50% Telecoms Tariff Hike

The Nigeria Labour Congress (NLC) has declared a nationwide protest on February 4, 2025, against the 50% increase in telecommunications tariffs approved by the Nigerian Communications Commission (NCC). The decision was reached at the National Administrative Council meeting held on January 29.

January 30, 2025

Business·FEATURES·News

Poverty In Nigeria: More Than Just Lack Of Food, Shelter

Poverty in Nigeria is not just about the lack of food, shelter, or clothing. It is about the deep inequalities in education, employment, and gender opportunities. While a few Nigerians live in extreme wealth, millions struggle daily. The recent Oxfam report highlights

January 30, 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

Nigeria’s Equity Market Gains 0.57% As Investors Drive Growth

Nigeria’s equity market bounced back from its previous decline as strong investor interest in key stocks drove growth on Wednesday. The market rose by 0.57%, adding N364 billion to its total value. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) increased from

January 30, 2025

List Of Foreign Aid Given To Nigeria By United State From 2015 Till Date

Business·News·World News

List of US’ Foreign Aids To Nigeria in 10 Years

The United States has provided Nigeria with $7.8 billion in foreign aids over the past ten years, supporting security, healthcare, education, and economic development. According to data from the U.S. Foreign Assistance, the aid amounts increased over the years, peaking at $1

January 30, 2025

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

Business·News

Naira Appreciate To N1,635/$1 As Forex Market Sees Stability

The Nigerian naira appreciated to N1,635 per dollar in the parallel market on Tuesday, gaining N15 from the previous day’s exchange rate of N1,650. Market observers say this development reflects a slight improvement in forex liquidity and demand-supply balance. The Central Bank

January 29, 2025

Business·News·Oil & Gas

Outrage As Government Plans To Resume Oil Exploration In Ogoni Land

Oil Change International and civil society organisations in the Niger Delta, have condemned in strong terms the Nigerian government’s decision to resume oil exploration in Ogoni land. They argue that this move ignores the environmental destruction, economic struggles, and social injustices the

January 29, 2025

US Exempts Phones, Laptops, Others From Import Tariff Amid China’s Retaliatory Move

News·World News

Trump Fires Prosecutors Linked To 2020 Election Misconduct Case

Donald Trump, the President of the United States, has dismissed multiple federal prosecutors who were involved in cases related to his conduct after the 2020 election. The prosecutors, who had worked under former special counsel Jack Smith, received termination notices via email,

January 29, 2025

News·Technology·World News

Interesting Things To Know About DeepSeek, Chinese AI App Challenging OpenAI

DeepSeek, a Chinese AI application, is making waves globally as it positions itself as a competitor to major players like OpenAI. DeepSeek’s AI assistant has become the top-rated free app on Apple’s US. App Store, overtaking OpenAI’s ChatGPT. Powered by the DeepSeek-V3

January 29, 2025

Business·Markets·News

Nigeria’s Equity Market Records N284bn Loss As Key Stocks Dip

The Nigerian equity market recorded a significant loss on Tuesday, shedding N284 billion as the All-Share Index (ASI) fell by 0.44%. The market decline was driven by major losses in key stocks, including MRS, Red Star Express, Learn Africa, and Veritas Kapital.

January 29, 2025

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Latest News in Nigeria - Page 29

Dollar Falls Sharply As CBN Introduces FX Code

NLC Declares February 4 Nationwide Protest Over 50% Telecoms Tariff Hike

Poverty In Nigeria: More Than Just Lack Of Food, Shelter

Nigeria’s Equity Market Gains 0.57% As Investors Drive Growth

List of US’ Foreign Aids To Nigeria in 10 Years

Naira Appreciate To N1,635/$1 As Forex Market Sees Stability

Outrage As Government Plans To Resume Oil Exploration In Ogoni Land

Trump Fires Prosecutors Linked To 2020 Election Misconduct Case

Interesting Things To Know About DeepSeek, Chinese AI App Challenging OpenAI

Nigeria’s Equity Market Records N284bn Loss As Key Stocks Dip

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