Nigerian Stock Market Gains N110 Billion in Eight Consecutive Rises
The Nigerian stock market, formally known as Nigerian Exchange Limited, experienced a significant uptick on Tuesday, with investors garnering N110 […]
African Business News
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Naira appreciates against dollar at parallel market
The Nigerian Naira has experienced a mixed performance against the US Dollar, appreciating at the parallel foreign exchange market while
Nigeria monetary stability assured by CBN governor
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to achieving price and monetary stability in the country. According
EU plan to use frozen Russian assets to support Ukraine must follow international law
The European Commission has proposed utilizing frozen Russian state assets to guarantee loans to Ukraine, sparking discussions among EU leaders.
Trump tariffs boost global trade growth to 2.4 percent
Global merchandise trade growth has exceeded expectations in 2025, driven by increased spending on AI-related products and a surge in
Dangote Refinery crisis sparks concern over worker rights
A group of prominent Nigerians, led by Bishop Mathew Kukah of the Catholic Diocese of Sokoto, has intervened in the
CBN Caps POS Transactions At N1.2m Daily
The Central Bank of Nigeria (CBN) has introduced new guidelines to regulate agent banking operations, capping daily cash-out transactions for
Nigeria Internally Generated Revenue rises
Lagos Maintains Top Spot in Internally Generated Revenue for 2024 According to the National Bureau of Statistics’ 2024 Internally Generated
Nigeria Lithium Mining Lawmaker Seeks Value Addition Framework
Nigerian Lawmaker Calls for Legislation to Boost Local Value Addition in Solid Minerals Sector A member of the House of
AI investment frenzy sparks bubble concerns amidst massive compute investments
Recent investments by tech companies in data centers and AI chips have sparked debate about whether the AI industry is
Nigeria seeks $2 billion loan from China for power grid upgrade
Nigeria is in talks with China’s Export-Import Bank to secure a $2 billion loan for the development of a new
Trump imposes 25% tariff on US truck imports
The United States has announced a 25% tariff rate on all medium- and heavy-duty trucks imported into the country, effective