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Latest News in Nigeria - Page 51

4 Reasons For 'Magic' Recovery Of The Naira

4 Reasons For Naira’s ‘Magic’ Recovery

The naira’s recent “magic” recovery from N1700 to N1500 per dollar in less than two days has sparked widespread discussion. For months, Nigerians have witnessed a steady decline in the value of the naira, leading to increased inflation and higher costs of

December 9, 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

Nigerian Stock Market Records N319bn Gain In 1 Week As 51 Stocks Rise

The Nigerian stock market witnessed a notable turnaround last week, recording a N319 billion gain after weeks of mixed performances. The All-Share Index (ASI) increased by 0.72% to close at 98,210.75 points, while the total market capitalisation hit N59.534 trillion, signaling renewed

December 9, 2024

Business·News

How Foreign Investments In Telecoms Drop By $99m – NBS

Foreign investments in Nigeria’s telecommunications sector fell sharply to $14.4 million in the third quarter of 2024, representing an 87% drop from the $113.42 million recorded in Q2 2024. This sharp decline was revealed in the latest Capital Importation Report released by

December 9, 2024

15 Interesting Facts To Know About Ghana President-elect John Mahama

Africa·News·Top Stories·World News

15 Interesting Facts To Know About Ghana’s President-elect, John Mahama

John Dramani Mahama has been declared the winner of Ghana’s recent presidential election, marking his return to the highest office in the country. His victory has drawn attention from across the world due to the high-profile nature of the contest. Vice President

December 9, 2024

Strong Participation In Stock Trading Pushes Nigeria’s FPI To N1.81trn In July 2025

Business·News·Top Stories

Cash Scarcity: Nigerians Decry Hardship As Banks Limit Withdrawals

In Nigeria, cash is more than a means of payment, it is a lifeline. It fuels daily transactions, from purchasing groceries to paying for transport. Yet, a cloud of uncertainty hangs over the nation’s financial system as cash scarcity continues to frustrate

December 9, 2024

Business·Markets·News

Nigerian Stock Market Grows By 31.34%, Ranks Among Africa’s Top Four Exchanges

The Nigerian stock market has recorded a 31.34% Year-to-Date (YtD) growth as of December 6, 2024, placing it among Africa’s top four performing exchanges. This growth comes despite economic challenges like inflation and forex instability. According to a recent market analysis, Nigeria’s

December 8, 2024

Made-in-Nigeria: Why Nigerians Must Drop Cultural Preference For Foreign Goods – Nigerian Govt

Business·News·Top Stories

Why Nigerians Must Drop Cultural Preference For Foreign Goods – Fed Govt

The Nigerian government has called on citizens to prioritise Made-in-Nigeria products over imported goods as part of efforts to strengthen the economy. Secretary to the Government of the Federation (SGF), George Akume, made the appeal during a meeting of regional and state

December 8, 2024

Interesting Fact About Chris Wright, Trump’s Pick For Energy Secretary

News·Top Stories·World News

Interesting Facts About Chris Wright, Trump’s Pick For Energy Secretary

Donald Trump’s decision to nominate Chris Wright as the next U.S. Energy Secretary has sparked widespread debate. Wright, the CEO of Liberty Energy, is a prominent advocate for fossil fuels and a strong critic of climate change policies. But beyond his industry

December 8, 2024

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

Business·Markets·News

Stock Market Gains As Nigerian Exchange All-Share Index Rises By 0.72%

The Nigerian stock market recorded notable growth in the trading week ending Friday, December 6, with the NGX All-Share Index (ASI) and equities market capitalization both rising by 0.72%. The ASI closed at 98,210.75 points, while the market capitalization ended the week

December 7, 2024

Business·News

Tax Reform Bill: How Does It Affect You?

In August 2023, Nigeria took a significant step towards fiscal restructuring when President Bola Ahmed Tinubu inaugurated the Presidential Committee on Fiscal Policy and Tax Reforms in Abuja. This committee was tasked with a complex mission: overhaul Nigeria’s tax system to ensure

December 7, 2024

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Silver Slides as Investors Lock in Profits Amid Receding Fears

The pullback comes as broader risk appetite improved, fueled by

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

Takaichi's historic election as Japan's first female leader has given

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

The move follows UK market entry and launch of digital

‘Rare Earths ‘Arms Race’ Will Define 2026’

The global scramble for rare earths and other critical minerals

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Latest News in Nigeria - Page 51

4 Reasons For Naira’s ‘Magic’ Recovery

Nigerian Stock Market Records N319bn Gain In 1 Week As 51 Stocks Rise

How Foreign Investments In Telecoms Drop By $99m – NBS

15 Interesting Facts To Know About Ghana’s President-elect, John Mahama

Cash Scarcity: Nigerians Decry Hardship As Banks Limit Withdrawals

Nigerian Stock Market Grows By 31.34%, Ranks Among Africa’s Top Four Exchanges

Why Nigerians Must Drop Cultural Preference For Foreign Goods – Fed Govt

Interesting Facts About Chris Wright, Trump’s Pick For Energy Secretary

Stock Market Gains As Nigerian Exchange All-Share Index Rises By 0.72%

Tax Reform Bill: How Does It Affect You?

Featured Stories

Silver Slides as Investors Lock in Profits Amid Receding Fears

Cargo Plane Skids Off Runway, Killing 2 Crew Members

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

‘UK Borrowing Crisis Makes pension Tax Raid Almost Inevitable’

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Court Adjourns Arraignment of Self-Styled ‘Obi of Lagos’ to October 31

Tinubu Picks Plateau-Born Clinician Bernard Doro to Join Federal Cabinet

AfDB, EU, Angola roll out $125m scheme to create 150,000 youth jobs

Sanwo-Olu Unveils West Africa’s Largest Library at Lagos State University

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

‘Rare Earths ‘Arms Race’ Will Define 2026’

Court Adjourns Arraignment of Self-Styled ‘Obi of Lagos’ to October 31

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