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Latest News in Nigeria - Page 66

Naira Falls Against Dollar In Black Market As Demand Increases In FX Market

Naira Falls: Nigerians Struggle As Exchange Rate Hits N1,740/$1

Naira Falls: How Nigerians Are Coping with the Currency Depreciation As the Naira continues its downward trend, reaching an all-time low of N1,740 per dollar in the parallel market, many Nigerians are left grappling with the effects. Over the past year, the

October 28, 2024

Addressing Forex Instability and Fuel Costs

Business·FEATURES·News·Oil & Gas

Fuel Crisis: Death Of Petrol Stations Or Start Of A New Era?

A Nation in Limbo: Nigerians and Experts Weigh in on Fuel Crisis The Nigerian fuel industry is standing at a crossroads and facing a fuel crisis. As fuel prices soar and consumption plummets, petrol stations across the country are on the brink

October 28, 2024

Business·FEATURES·News·Oil & Gas

Fueling Controversy: Can Nigeria’s CNG Revolution Beat Fuel Dependency?

The Case for CNG Over Fuel in Nigeria’s Transportation Nigeria is facing a significant crossroads in energy as the government, backed by private sector investments, seeks transition from traditional fuel to Compressed Natural Gas (CNG) as a primary fuel source for transportation.

October 28, 2024

Business·FEATURES·News

Nigeria’s Poverty Crisis: The Cost Of Mismanagement, Policy Failures

The Deteriorating State of Poverty in Nigeria In a recent report from the World Bank, the grim reality of poverty in Nigeria was laid bare. With the United Nations’ goal of eradicating extreme poverty by 2030 becoming increasingly unrealistic, many are left

October 27, 2024

FEATURES·News

A Broken Promise On Nigeria’s Roads

The promise of progress is a powerful political tool, yet in Nigeria, the state of our roads tells a different story. Sixteen months into the current administration, the ongoing saga of delayed projects highlights a stark reality: many federal roads remain in

October 27, 2024

Nigeria At A Crossroad: Examining The Nation's Future Amidst Economic Hardships

Business·FEATURES·News

Examining The Nation’s Future Amid Economic Hardships

A Nation in Distress Nigeria is at a pivotal moment in its history. The country is grappling with profound economic challenges that have intensified since 1999. The government, led by President Bola Ahmed Tinubu, is attempting to transition from an outdated system

October 27, 2024

Top 10 African Countries With The Most AI Firms As Nigeria Ranks Second With Over 400

Business·News·Technology

Nigeria Ranks Second In Top 10 African Countries With The Most AI Firms

Nigeria Among Top AI Firm Leaders in Africa The evolution of Artificial Intelligence (AI) in Africa reflects the continent’s expanding tech capabilities. As of 2024, Nigeria has become one of the top hubs for AI development, ranking second among African countries with

October 26, 2024

Business·FEATURES·News·Oil & Gas

Fuel Of Despair: Is Tinubu’s Government Driving Nigerians To A Breaking Point?

Since President Bola Ahmed Tinubu took office, Nigerians have experienced relentless hardship. From the controversial removal of fuel subsidies to unprecedented hikes in fuel prices, many citizens feel caught in an economic chokehold that shows no signs of loosening. The increase in

October 26, 2024

Business·News

Nigeria’s Rising Debt: Strategic Investment Or Financial Crisis In The Making?

Nigeria’s public debt stock recently soared to N134.3tn ($91.3bn), raising economic and political concerns across the nation. This latest rise of N12.6tn within a single quarter has left citizens, economists, and policymakers debating whether Nigeria is digging itself into an unsustainable debt

October 26, 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

Nigeria’s Equity Market Gains N835bn As Banking, Insurance Stocks Lead

Market Rally Driven by Financial Stocks In the trading week ending October 25, Nigeria’s equity market gained N835 billion, showcasing solid growth amid mixed trading. The increase, driven largely by banking, insurance, and oil and gas stocks, comes despite profit-taking in consumer

October 26, 2024

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Latest News in Nigeria - Page 66

Naira Falls: Nigerians Struggle As Exchange Rate Hits N1,740/$1

Fuel Crisis: Death Of Petrol Stations Or Start Of A New Era?

Fueling Controversy: Can Nigeria’s CNG Revolution Beat Fuel Dependency?

Nigeria’s Poverty Crisis: The Cost Of Mismanagement, Policy Failures

A Broken Promise On Nigeria’s Roads

Examining The Nation’s Future Amid Economic Hardships

Nigeria Ranks Second In Top 10 African Countries With The Most AI Firms

Fuel Of Despair: Is Tinubu’s Government Driving Nigerians To A Breaking Point?

Nigeria’s Rising Debt: Strategic Investment Or Financial Crisis In The Making?

Nigeria’s Equity Market Gains N835bn As Banking, Insurance Stocks Lead

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Latest News in Nigeria - Page 66

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