Business - Page 18

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

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

Emmanuel Ochayi

4 weeks ago

Business

Naira Appreciates To ₦1,600 As Dollar Supply Rises

The Nigerian naira appreciated to ₦1,600 per dollar at the official market on Friday, 25 October. This shows a marginal appreciation at the official segment of the foreign exchange market when compared

Victor Ezeja

4 weeks ago

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

Business·Latest News·Tech 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

Emmanuel Ochayi

4 weeks ago

Business·FEATURES·Latest 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

Emmanuel Ochayi

4 weeks ago

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 24th October 2024

Business·Latest News·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th October 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market

Victor Ezeja

4 weeks ago

Business·Latest 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

Emmanuel Ochayi

4 weeks ago

Nigeria's Equity Market Rises By 0.26% As Haldane McCall Gains Momentum Post-Listing

Business·Latest News·Markets

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,

Emmanuel Ochayi

4 weeks ago

Business·FEATURES·Latest News·Oil & Gas

Fuel Price Hike Worsens Nigerian Travellers’ Nightmare

Around 8:30 am on Tuesday, 15 October, Osinachi, a driver in one of the transport companies that operates the east-west road had gotten full passenger load of his 14-seater commuter hiace bus

Victor Ezeja

4 weeks ago

Nigeria’s Foreign Reserves Rise As Citizens Sink into Hardship: A Tale of Economic Contradictions

Business·FEATURES·Latest News

Nigeria’s Foreign Reserves: A Tale Of Contradictions

Nigeria’s Foreign Reserves Surge Amid Deepening Hardship In recent months, Nigeria’s foreign reserves have seen a substantial rise, hitting $40.2 billion in October 2024, up from $38.4 billion in September. This increase,

Emmanuel Ochayi

1 month ago

Business·FEATURES

Is CBN’s Interest Rate Strategy Worsening Nigeria’s Inflation Crisis?

The Ineffectiveness of CBN’s Rate Hikes As Nigeria faces its worst economic crisis in years, the Central Bank of Nigeria (CBN) has turned to aggressive interest rate hikes, hoping to curb inflation.

Emmanuel Ochayi

1 month ago

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Business - Page 18

Examining The Nation’s Future Amid Economic Hardships

Naira Appreciates To ₦1,600 As Dollar Supply Rises

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?

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th October 2024

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

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

Fuel Price Hike Worsens Nigerian Travellers’ Nightmare

Nigeria’s Foreign Reserves: A Tale Of Contradictions

Is CBN’s Interest Rate Strategy Worsening Nigeria’s Inflation Crisis?

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