Stock Market extends rally, gains N240bn
The Nigerian stock market continued its bullish run for a fifth session on Thursday. It added N240 billion in value…
Category: Economy
HURIWA backs Adesina’s position on Nigeria’s worsening poverty
The Human Rights Writers Association has thrown its weight behind the President of the African Development Bank, Dr Akinwunmi Adesina,…
Naira slips by 0.34% against dollar in official market trading
The Naira depreciated on Friday at the official market, trading at N1,602.18 to the dollar. Data from the Central Bank…
NGX trades 733.05m shares worth N35.29bn
The Nigerian Exchange Ltd. (NGX) on Tuesday transacted 733.05 million shares worth N35.288 billion in 16,619 transactions. This is in…
More Nigerians to become poor by 2027 – World Bank reveals
Core Truth The World Bank Africa’s Pulse report has revealed that more Nigerians will sink into poverty by the year…
US-China Tariff Stand-off unsustainable – U.S. Treasury Secretary
Core Truth U.S. Treasury Secretary, Scott Bessent, has said that the ongoing tariffs showdown against China is unsustainable. Bessent anticipates…
IMF urges Nigeria to maintain tight monetary policy to curb inflation
The International Monetary Fund (IMF) has recommended that Nigeria continue a tight monetary policy to bring down inflation and stabilise…
EU plans retaliatory taxes on US tech giants if talks with Trump fail
Our Correspondent European Union is prepared to impose taxes onUS tech giants if talks with President Donald Trump fail to…
Nigeria’s BOP Surplus hits $6.83, external reserves $40.19 billion in 2024
Our Correspondent The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for…