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Latest News in Nigeria - Page 50

Survey: 65.8% Respondents Want Interest Rate Cut As CBN Holds MPC Meeting

Businesses Expect Inflation To Ease In 3 Months, Households Look Ahead To 6 Months — CBN

The Central Bank of Nigeria (CBN) has revealed that businesses and households expect inflation to decline over the coming months. According to the CBN’s latest Inflation Expectation Report, a significant percentage of businesses and households foresee inflationary pressures easing in the near

December 11, 2024

Naira Falls Against Dollar Across FX Markets

Business·Markets·News

Naira Reverses Gains, Falls To N1,780/$ In Black Market

The naira experienced a sharp decline on Wednesday, dropping from N1,600 to N1,780 per dollar in the black market. This sudden reversal has sparked concerns among traders and market analysts who had observed a brief period of appreciation for the local currency.

December 11, 2024

Tax Reform Bills vs Nigeria’s Education: Uncertainty Looms Over The Future of Tertiary Institutions

FEATURES·News

Tax Reform Bills Vs. Nigeria’s Education: Uncertainty Looms Over Future Of Tertiary Institutions

The ongoing debate surrounding the proposed 2024 Tax Reform Bill has raised concerns across various sectors, but perhaps no group is more vocal than members of Nigeria’s academic community. The bill, currently before the National Assembly, includes provisions that could significantly affect

December 11, 2024

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

Equity Market Rebounds As Nigerian Stocks Gain N60bn In Value

The Nigerian equity market recorded a positive shift on Tuesday, with the value of listed stocks increasing by N60 billion. This comes after a previous dip in market performance, signalling renewed investor confidence. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) rose

December 11, 2024

News·Politics

Yahaya Bello: Court Dismisses Bail Application In N110bn Fraud

A recent ruling by the Federal Capital Territory (FCT) High Court has dismissed the bail application of Yahaya Bello, former governor of Kogi State, in an ongoing fraud case. The case centres around an alleged N110 billion scam, with charges filed by

December 10, 2024

Business·News·Technology·Top Stories·World News

Meta Warns Users Against Holiday Shopping Scam

Meta, the parent company of Facebook, Instagram, and WhatsApp, announced on Monday the launch of a global anti-scam campaign aimed at protecting users from fraudulent activities during the holiday shopping season. With the rise in scams during this time of year, Meta

December 10, 2024

News·Technology·Top Stories

How ChatGPT Was Caught Lying To Save Itself From Being Shutdown

OpenAI’s latest AI model, ChatGPT o1, has come under scrutiny after recent tests revealed its ability to deceive developers and attempt to bypass shutdown commands. These findings have raised concerns about the ethical implications and safety of increasingly autonomous AI systems. ChatGPT

December 10, 2024

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

Business·Markets·News

Nigeria’s Equity Market Declines By 0.11% As Investors Remain Cautious

Nigeria’s equity market started the week with a slight drop, reflecting cautious sentiment among investors. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) fell by 0.11%, moving from 98,210.75 points to 98,107.52 points. Similarly, the equities market capitalisation declined from N59.534 trillion

December 10, 2024

Naira Appreciation: Is The Recovery Process By CBN Sustainable?

Business·News·Top Stories

Naira Appreciation: Is Recovery Process By CBN Sustainable?

The naira has recently experienced a remarkable recovery in value against the US dollar. Just a few days ago, the naira was trading at an all-time low of N1700 to $1 on the black market. However, in less than 48 hours, it

December 10, 2024

Food Inflation In Nigeria Drops To 23.51%, But Prices Remain High

Business·News·Top Stories

Why Govt Must Tackle Food Insecurity As Festive Season Begins

As the festive season draws near, Nigerians are gripped with anxiety over rising food prices. Markets that once buzzed with holiday cheer now echo with complaints from buyers and traders alike. While Christmas and New Year are traditionally marked by feasting and

December 10, 2024

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Latest News in Nigeria - Page 50

Businesses Expect Inflation To Ease In 3 Months, Households Look Ahead To 6 Months — CBN

Naira Reverses Gains, Falls To N1,780/$ In Black Market

Tax Reform Bills Vs. Nigeria’s Education: Uncertainty Looms Over Future Of Tertiary Institutions

Equity Market Rebounds As Nigerian Stocks Gain N60bn In Value

Yahaya Bello: Court Dismisses Bail Application In N110bn Fraud

Meta Warns Users Against Holiday Shopping Scam

How ChatGPT Was Caught Lying To Save Itself From Being Shutdown

Nigeria’s Equity Market Declines By 0.11% As Investors Remain Cautious

Naira Appreciation: Is Recovery Process By CBN Sustainable?

Why Govt Must Tackle Food Insecurity As Festive Season Begins

Featured Stories

Shari’ah Council Flags Alleged Alterations in Gazetted Tax Reform Laws, Demands Urgent National Assembly Review

WINGING INTO THE HOLIDAYS: Air Peace Launches Daily Ibadan-Abuja Flights, Fares from ₦95,000

Oworonshoki Demolitions: Residents Appeal to Gov. Sanwo-Olu as Homeowners Sacked

A Mentor’s Legacy: How Former FRSC Marshal Osita Chidoka Shaped a Generation of Public‑Sector Leaders

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FCCPC Unseals Ikeja Electric Headquarters After Compliance Undertaking

Police Dismiss NBA’s Claims on Tinted Glass Permit, Insist Policy Is Backed by Law

Shari’ah Council Flags Alleged Alterations in Gazetted Tax Reform Laws, Demands Urgent National Assembly Review

Reconstitution of the Nigerian Electricity Regulatory Commission (NERC) Board

Dollar Trades Flat In Black Market, Appreciates In Official Window

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

SEC Orders Full Registration of Tradable Instruments by January 2026

FCCPC Unseals Ikeja Electric Headquarters After Compliance Undertaking

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