Latest News - Page 17

Africa

Naira Appreciates To N1,650/$1 As Dollar Weakens Globally

Imported Poverty: How Nigeria’s Love For Foreign Goods Is Killing Naira

In the bustling markets of Lagos, a troubling trend is unfolding. Despite the nation’s rich resources and entrepreneurial spirit, Nigerians’ preference for imported goods is exacerbating the naira’s decline to N1658 currently,

Emmanuel Ochayi

2 weeks ago

Nigeria's Equity Market Rises By 0.19% As NNFM, Honeywell, Aviation Stocks Lead Gains

Business·Latest News·Markets

Nigeria Equity Market Sees Largest 2025 Decline As NGX Loses N1.06trn

The Nigerian equities market witnessed its largest daily decline of 2025 on Tuesday, resulting in a significant N1.064 trillion loss. This downturn marks a 1.66 percent drop, the highest negative swing recorded

Emmanuel Ochayi

2 weeks ago

Tax Reform Bills: Senate Halts Action, Forms Ad hoc Committee To Interface With FG Amid Pressure

Senate Confirms Mark Okoye, Nworgu, Okonkwo, Others For SEDC, NWDC

The Nigerian Senate has confirmed all nominees for the governing boards of the South East Development Commission (SEDC) and the North West Development Commission (NWDC). The confirmation was done during the resumption

Admin

2 weeks ago

Business·Latest News·Tech News

Tariff Hike Looms As Telecos, ICT Firms Deal with Rising Debt

Technology and telecom companies in Nigeria are dealing with significant financial difficulties as they collectively owed N1.69 trillion to banks as of September 2024. Despite this hefty debt, these companies are pushing

Emmanuel Ochayi

2 weeks ago

The Guardian Publisher, Maiden Ibru, Congratulates Prime Business Africa’s Publisher, Mbamalu, At 54

The Publisher of The Guardian, Lady Maiden Ibru, has congratulated the Publisher of Prime Business Africa, Dr. Marcel Mbamalu, on his 54th birthday. In a heartfelt message, Mrs. Ibru praised Dr. Mbamalu’s

Victor Ezeja

2 weeks ago

Traders Lament As Fire Consumes Millions Of Naira Goods Buildings In Anambra Market

Traders Lament As Fire Consumes Goods, Buildings In Nnewi Market

A fire outbreak at Nnewi spare parts market popularly called “Ahia Mgbede” in Anambra State, has destroyed buildings and goods worth millions of naira. According to eyewitnesses, the fire broke out at

Victor Ezeja

2 weeks ago

Why Chinese Govt May Sell TikTok To Elon Musk — Report

Chinese authorities are currently debating whether to sell TikTok, the popular social media app owned by ByteDance, to Elon Musk. This decision comes after the U.S. Supreme Court ruled to potentially ban

Emmanuel Ochayi

2 weeks ago

Business·Latest News·Oil & Gas

Fuel Price Hike Sparks Concerns As Depot Costs Hit N950/litre

The loading cost of Premium Motor Spirit (petrol) and other refined petroleum products at depots surged on Monday, causing widespread concern among consumers and industry stakeholders. It was reported that petrol and

Emmanuel Ochayi

2 weeks ago

Global Stock Markets See Decline As U.S. Dollar Strengthens

Global Stock Markets See Decline, U.S. Dollar Strengthens

Global stock markets experienced a notable decline on Monday as the U.S. dollar surged to its highest level in over two years. This movement came after the release of stronger-than-expected U.S. jobs

Emmanuel Ochayi

2 weeks ago

FEATURES·Latest News·World News

Countries That Have Banned Use Of Smartphone In Schools

Several countries are implementing or considering bans on smartphone use in schools. This global shift aims to reduce distractions, improve learning environments, and address issues like cyberbullying. Brazil recently joined the growing

Emmanuel Ochayi

2 weeks ago

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Latest News - Page 17

Imported Poverty: How Nigeria’s Love For Foreign Goods Is Killing Naira

Nigeria Equity Market Sees Largest 2025 Decline As NGX Loses N1.06trn

Senate Confirms Mark Okoye, Nworgu, Okonkwo, Others For SEDC, NWDC

Tariff Hike Looms As Telecos, ICT Firms Deal with Rising Debt

The Guardian Publisher, Maiden Ibru, Congratulates Prime Business Africa’s Publisher, Mbamalu, At 54

Traders Lament As Fire Consumes Goods, Buildings In Nnewi Market

Why Chinese Govt May Sell TikTok To Elon Musk — Report

Fuel Price Hike Sparks Concerns As Depot Costs Hit N950/litre

Global Stock Markets See Decline, U.S. Dollar Strengthens

Countries That Have Banned Use Of Smartphone In Schools

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Food Insecurity: Why Millions Of Nigerians Are Going Hungry

Nigeria’s Equity Market Rises By 0.19% As NNFM, Honeywell, Aviation Stocks Lead Gains

Naira Gains Massively Against Dollar, Highest In 8 Months

NCDMB Charges Oil Firms To Utilise Capabilities Of Local Service Companies In Industry Projects

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