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Latest News in Nigeria - Page 33

Naira Falls Against Dollar Across FX Markets

Imported Poverty: How Nigeria’s Love For Foreign Goods Is Killing Naira

In the bustling markets of Lagos, a troubling trend is unfolding. Despite the nation’s rich resources and entrepreneurial spirit, Nigerians’ preference for imported goods is exacerbating the naira’s decline to N1658 currently, deepening economic challenges for the average citizen. Naira’s Decline and

January 15, 2025

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

Business·Markets·News

Nigeria Equity Market Sees Largest 2025 Decline As NGX Loses N1.06trn

The Nigerian equities market witnessed its largest daily decline of 2025 on Tuesday, resulting in a significant N1.064 trillion loss. This downturn marks a 1.66 percent drop, the highest negative swing recorded so far this year. Investors took profits from several key

January 15, 2025

Business·News·Technology

Tariff Hike Looms As Telecos, ICT Firms Deal with Rising Debt

Technology and telecom companies in Nigeria are dealing with significant financial difficulties as they collectively owed N1.69 trillion to banks as of September 2024. Despite this hefty debt, these companies are pushing to increase charges for data and phone calls. A report

January 14, 2025

News·Technology·World News

Why Chinese Govt May Sell TikTok To Elon Musk — Report

Chinese authorities are currently debating whether to sell TikTok, the popular social media app owned by ByteDance, to Elon Musk. This decision comes after the U.S. Supreme Court ruled to potentially ban the app on January 19, a move that could affect

January 14, 2025

What Happens If NNPC Ends Naira-for-Crude? Risks, Alternatives

Business·News·Oil & Gas

Fuel Price Hike Sparks Concerns As Depot Costs Hit N950/litre

The loading cost of Premium Motor Spirit (petrol) and other refined petroleum products at depots surged on Monday, causing widespread concern among consumers and industry stakeholders. It was reported that petrol and diesel prices at depots increased by N43 or 4.74 per

January 14, 2025

Global Stock Markets See Decline As U.S. Dollar Strengthens

News·World News

Global Stock Markets See Decline, U.S. Dollar Strengthens

Global stock markets experienced a notable decline on Monday as the U.S. dollar surged to its highest level in over two years. This movement came after the release of stronger-than-expected U.S. jobs data, which dampened hopes for further interest rate cuts by

January 14, 2025

FEATURES·News·World News

Countries That Have Banned Use Of Smartphone In Schools

Several countries are implementing or considering bans on smartphone use in schools. This global shift aims to reduce distractions, improve learning environments, and address issues like cyberbullying. Brazil recently joined the growing list of countries that have decided to ban the use

January 14, 2025

News·World News

Brazil Bans Use Of Smartphone In Schools

Brazil’s President Luiz Inácio Lula da Silva has taken a significant step by signing a bill that limits the use of smartphones in schools. The Associated Press (AP) and CNN reported that the legislation, which will take effect in February, aims to

January 14, 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

Stock Market Declines By 0.08%, Defies Bullish Start Expectations For New Week

Nigeria’s equities market began the new week on a cautious note, decreasing by 0.08 per cent or N52 billion. This defied the expectations of many analysts who predicted a bullish start. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) fell from 105,451.06

January 14, 2025

News·Politics

What To Know About 1st Lagos Assembly Female Speaker, Mojisola Meranda

Mojisola Meranda has made history as the first female Speaker of the Lagos State House of Assembly. Following the impeachment of Mudashir Obasa, Meranda’s appointment marks a significant milestone as reported by Prime Business Africa. Let explores her early life, education, royal

January 13, 2025

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Latest News in Nigeria - Page 33

Imported Poverty: How Nigeria’s Love For Foreign Goods Is Killing Naira

Nigeria Equity Market Sees Largest 2025 Decline As NGX Loses N1.06trn

Tariff Hike Looms As Telecos, ICT Firms Deal with Rising Debt

Why Chinese Govt May Sell TikTok To Elon Musk — Report

Fuel Price Hike Sparks Concerns As Depot Costs Hit N950/litre

Global Stock Markets See Decline, U.S. Dollar Strengthens

Countries That Have Banned Use Of Smartphone In Schools

Brazil Bans Use Of Smartphone In Schools

Stock Market Declines By 0.08%, Defies Bullish Start Expectations For New Week

What To Know About 1st Lagos Assembly Female Speaker, Mojisola Meranda

Featured Stories

Thailand’s Queen Mother Sirikit Dies at 93

Aliko Dangote Makes History as First African to Hit $30 Billion Net Worth

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

US Inflation Lands as Shutdown Risks Starving Fed of Jobs Data for Rate Cuts

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Dasuki Steps Down from 2027 Race, Declares It’s Time for a New Generation of Leaders

Onitsha Ofala Festival: A Celebration of Tradition, Renewal, Unity

Lagos Police Mourn Festac DPO, CSP Matilda Ngbaronye

Lawmakers Endorse New State for South-East in Landmark Constitutional Move

INNOVATION SERIES: How Optiva Capital Partners Unlocks Global Opportunities in Africa’s Investment Immigration Revolution – Franklin Nechi

Silver Slides as Investors Lock in Profits Amid Receding Fears

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

UPDATED: Moniepoint Managers Speak On $200 million ‘Miraculous’ Fundraise – Backed by DPI, Google, Visa, IFC, and LeapFrog

Dasuki Steps Down from 2027 Race, Declares It’s Time for a New Generation of Leaders

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Latest News in Nigeria - Page 33

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