Tag: Economy

Nike’s $10 Billion Plunge: Trump Tariffs Trigger Market Turmoil

The global footwear giant, Nike, is reeling from a dramatic $10 billion…

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Petrol Prices Surge: NNPC Raises Rates Amid Market Shifts

The Nigerian National Petroleum Company Limited (NNPC) has adjusted its fuel prices,…

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Nigeria Business Confidence Surges to 14-Month High as Inflation Eases

Nigeria's private sector has shown a significant resurgence, with business confidence reaching…

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Foreign Reserves Surge to Three-Year High, CBN Reports

Nigeria's net foreign exchange reserves (NFER) have reached a significant milestone, climbing…

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Banks Pay N205.59bn Windfall Tax Amidst Lobbying Efforts

Despite significant lobbying efforts, six major banks have collectively paid approximately N205.59…

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Naira-for-Crude Deal Faces Uncertainty Amidst Dangote Refinery’s Global Sourcing

The future of the Federal Government's naira-for-crude oil policy hangs in the…

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Nigeria’s Power Sector: Q4 2024 Sees Annual Decline Amidst Economic Growth

Despite a broad-based economic expansion witnessed across Nigeria in the fourth quarter…

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Tinubu Signs Investment and Securities Act 2024: A New Era for Nigeria’s Capital Markets

President Bola Ahmed Tinubu has officially signed the Investment and Securities Act…

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