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Latest News in Nigeria - Page 3

Full List: African Countries With The Lowest Debt To IMF In March

Maintaining low debt to the International Monetary Fund (IMF) is crucial for economic stability in Africa. While many nations struggle with high borrowing, some have managed to keep their debt levels minimal. Countries with low IMF debt have greater financial independence, stronger

March 30, 2025

Business·Technology·World News

Top Startups Sponsoring Most H-1B Visas For Immigrant Workers

Startups in the United States are increasingly sponsoring H-1B visas to attract skilled foreign workers, particularly in sectors like technology, finance, and artificial intelligence. This strategy addresses the ongoing demand for specialised skills that are scarce within the domestic workforce. Understanding the

March 30, 2025

Business·Markets·News

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

The naira gained N30 in the black market by the end of the week, closing at N1,550 per dollar compared to N1,580 the previous week. The improvement comes as foreign exchange (FX) liquidity increased, offering hope for stability in Nigeria’s currency market.

March 29, 2025

Africa·Business

Full List: African Countries With The Weakest Currencies

In March 2025, several African countries continue to grapple with weak currencies, reflecting underlying economic challenges. A weak currency often indicates economic instability, high inflation, and a reliance on imports over exports. Understanding the factors behind currency depreciation is crucial for policymakers

March 29, 2025

Business·Markets

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

The Nigerian equity market recorded a 1.99% decline in March, despite posting a gain of 0.67% in the final trading week. Friday, March 28, marked the last trading session of the month before the public holidays declared for Eid-el-Fitr celebrations on March

March 29, 2025

Business·Markets

NGX Set To Lose N60bn As MRS Oil Plans To Delist Shares

MRS Oil Nigeria Plc has finalised plans to voluntarily delist all its issued shares from the Nigerian Exchange Limited (NGX) and migrate to the NASD OTC Securities Exchange (NASD). This decision was approved by shareholders at an Extraordinary General Meeting (EGM) held

March 29, 2025

Business·News·Oil & Gas

Port Harcourt Refinery Marks Six Months Of Continuous Operation After 20 Years Dormancy

The Port Harcourt Refinery has completed six months of uninterrupted operation after being dormant for over two decades. This marks a major achievement in Nigeria’s ongoing efforts to revive its refining capacity and reduce dependence on imported petroleum products. A Step Towards

March 28, 2025

Business·News

Focus On Most Vulnerable While Stabilising Economy – IMF Tells Nigerian Govt

The International Monetary Fund (IMF) has advised the Nigerian government to ensure that its economic stabilisation measures include targeted support for the most vulnerable groups. The organisation stressed that economic reforms should not come at the expense of citizens who are struggling

March 28, 2025

News·World News

What Trump’s 25% Tariffs On Imported Vehicles Means For Other Countries

World leaders have strongly criticised US President Donald Trump decision to impose a 25% tariff on imported vehicles and auto parts. The new tariffs, which will take effect on April 3, have triggered warnings of trade retaliation from key US partners such

March 27, 2025

Business·News·Oil & Gas

Nigerian Lawmakers Push Bill to Hand Over Control of Oil, Gas Resources To States

Nigerian lawmakers are pushing for a major change in the governance of oil and gas resources. A bill before the House of Representatives seeks to remove the federal government’s exclusive control over these resources and transfer them to the concurrent legislative list.

March 27, 2025

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Latest News in Nigeria - Page 3

Full List: African Countries With The Lowest Debt To IMF In March

Top Startups Sponsoring Most H-1B Visas For Immigrant Workers

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Full List: African Countries With The Weakest Currencies

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

NGX Set To Lose N60bn As MRS Oil Plans To Delist Shares

Port Harcourt Refinery Marks Six Months Of Continuous Operation After 20 Years Dormancy

Focus On Most Vulnerable While Stabilising Economy – IMF Tells Nigerian Govt

What Trump’s 25% Tariffs On Imported Vehicles Means For Other Countries

Nigerian Lawmakers Push Bill to Hand Over Control of Oil, Gas Resources To States

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