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Latest News in Nigeria - Page 40

Inflation: Will Tinubu’s Economic Reforms Save Nigerians Or Break Them In 2025?

Inflation has been described as the cruellest tax, silently eroding purchasing power and deepening poverty. In Nigeria, the situation has reached alarming heights, with inflation hitting 34.6%—a 28-year high. The government has set an ambitious target to reduce it to 15% by

January 1, 2025

News·Top Stories·World News

What To Know About Jay Clayton, Trump’s Pick For Manhattan US Attorney

President Donald Trump’s selection of Jay Clayton as his nominee for U.S. attorney for Manhattan has sparked discussions about his qualifications and potential challenges. Clayton, a corporate lawyer and former Wall Street regulator, previously served as chair of the Securities and Exchange

January 1, 2025

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

Business·Markets·News

Nigeria’s Equity Market Closes Year Lower As Investors Lose N136bn

Stock Price Declines Lead to Market Drop The Nigerian equity market ended the year on a negative note, as investors lost ₦136 billion at the close of trading on Tuesday. The drop was largely driven by a decrease in the share prices

January 1, 2025

News·Top Stories

10 Countries That Do Not Celebrate New Year On January 1

While January 1 is widely recognised as the start of the New Year under the Gregorian calendar, not all countries follow this system. Many nations have distinct cultural or religious calendars that determine their New Year Day. These differences are rooted in

January 1, 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

NGX Records 37.65% Growth, Ends 2024 On High Note

The Nigerian Exchange Limited (NGX) closed 2024 with an impressive annual growth rate of 37.65%, marking a significant turnaround from its performance in the last decade. This growth reflects a combination of strategic macroeconomic reforms and increased investor confidence. NGX All-Share Index’s

December 31, 2024

News·Technology·World News

TikTok Fined $10 Million By Venezuelan Court Over Dangerous Challenges

A Venezuelan court has fined TikTok $10 million after viral challenges on the platform led to the deaths of three children and injuries to dozens more. The ruling, issued on Monday, directs TikTok to pay the fine to the nation’s telecommunications agency

December 31, 2024

Interesting Things To Know Ahead Rebased Inflation Figures

Business·News

Failure To Act On Food Import Policy Cause Of Rising Inflation – NLC, OPS

The Nigeria Labour Congress (NLC) and members of the Organised Private Sector (OPS) have strongly criticized the Federal Government over its delayed implementation of a zero-duty food import policy. They argue that the failure to act promptly has contributed significantly to Nigeria’s

December 31, 2024

Business·News

Tax Reform Bills Face Roadblocks As State Governors Resist Engagement, Oyedele Reveals

Mr. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has revealed challenges in engaging state governors on the Tax Reform Bills. Speaking during a Twitter Space session titled “Tax Reform Bills: Clarifying the Sticky Issues,” Oyedele shared

December 31, 2024

Business·Markets·News

Nigeria’s Equity Market Records Gains, Investors Reap N977bn Profit

The Nigerian equity market began the week with a remarkable gain of N977 billion in investor profit on Monday, December 30, 2024. This surge came after key stocks, including NEIMETH, PRESTIGE, and LASACO, recorded significant price increases during trading on the Nigerian

December 31, 2024

Nigerians Divide As Warri Refinery Resumes Operation

Business·News·Oil & Gas

Nigerians Disagree As NNPCL Reports Warri Refinery Working

The Nigerian National Petroleum Company Limited (NNPCL) has announced the partial resumption of operations at the 125,000-barrel-per-day Warri Refinery, sparking mixed reactions from Nigerians. The Warri Refining and Petrochemical Company (WRPC), located in Delta State, had been dormant for years due to

December 30, 2024

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Latest News in Nigeria - Page 40

Inflation: Will Tinubu’s Economic Reforms Save Nigerians Or Break Them In 2025?

What To Know About Jay Clayton, Trump’s Pick For Manhattan US Attorney

Nigeria’s Equity Market Closes Year Lower As Investors Lose N136bn

10 Countries That Do Not Celebrate New Year On January 1

NGX Records 37.65% Growth, Ends 2024 On High Note

TikTok Fined $10 Million By Venezuelan Court Over Dangerous Challenges

Failure To Act On Food Import Policy Cause Of Rising Inflation – NLC, OPS

Tax Reform Bills Face Roadblocks As State Governors Resist Engagement, Oyedele Reveals

Nigeria’s Equity Market Records Gains, Investors Reap N977bn Profit

Nigerians Disagree As NNPCL Reports Warri Refinery Working

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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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Otti Breaks Ground on Dual Road Projects to Reconnect Abia’s Heartland, Boost Regional Trade

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Thailand’s Queen Mother Sirikit Dies at 93

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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

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

Otti Breaks Ground on Dual Road Projects to Reconnect Abia’s Heartland, Boost Regional Trade

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