Latest News in Nigeria

Nigeria’s Equity Market Sees Gains As MTNN, CAP, SCOA Lead Way

Nigeria’s equity market recorded a notable gain of 0.75 percent on Tuesday, driven by investor interest in major companies such as MTN Nigeria (MTNN), Chemical and Allied Products (CAP), and SCOA. This

Emmanuel Ochayi

10 mins ago

Why Nigeria's Inflation Rate Keeps Rising Despite Hope Of Decline

Business·FEATURES·Latest News

Why Nigeria’s Inflation Rate Persists Despite Hope Of Decline

Nigeria’s inflation rate continues to defy expectations, with the rate for December 2024 reaching 34.80%. This slight increase of 0.20% from November’s rate of 34.60% has raised concerns among Nigerians, despite the

Emmanuel Ochayi

6 days ago

Business·Latest News·Tech News

Top Fastest Growing Jobs To Look Out For

Geo-economic fragmentation, technological shifts, economic uncertainty, demographic changes, and the green transition are reshaping the global labor market. The Future of Jobs Report 2025 by the World Economic Forum (WEF) highlights these

Emmanuel Ochayi

6 days ago

Investors Lose N931bn As Nigeria's Equity Market Sees Major Decline

Business·Latest News·Markets

Nigeria’s Equity Market Sees Decline As Investors Lose N931bn

Nigeria’s equity market recorded a significant loss on Wednesday, wiping out ₦931 billion in investor value. The Nigerian Exchange Limited (NGX) reported a 1.47% drop in the All-Share Index (ASI), bringing it

Emmanuel Ochayi

6 days ago

Nigerians React To Economic Strain As Inflation Rate Hits 34.80%

Business·Latest News

Nigerians React To Economic Pain As Inflation Rate Hits 34.80%

Nigeria’s headline inflation rate reached 34.80% in December 2024, marking a slight increase from 34.60% in November 2024. According to the National Bureau of Statistics (NBS), this marginal rise of 0.20% was

Emmanuel Ochayi

7 days ago

Business·Latest News·Oil & Gas

Asharami Energy Hits 4 Million LTI-Free Man-hours on OML 148 Assets

Asharami Energy, a major player in the Sahara Group’s upstream sector, has hit a critical safety target. The company announced it has achieved 4 million Lost Time Injury (LTI) free manhours on

Emmanuel Ochayi

7 days ago

Business·Latest News

Top 15 Fastest Declining Jobs

As industries evolve, certain jobs are becoming obsolete due to technological advancements and shifting economic conditions. The World Economic Forum’s (WEF) Future of Jobs Report 2025 identifies the top 15 fastest declining

Emmanuel Ochayi

1 week ago

Business·FEATURES·Latest News

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

1 week ago

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

1 week 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

1 week ago

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Nigeria’s Equity Market Sees Gains As MTNN, CAP, SCOA Lead Way

Why Nigeria’s Inflation Rate Persists Despite Hope Of Decline

Top Fastest Growing Jobs To Look Out For

Nigeria’s Equity Market Sees Decline As Investors Lose N931bn

Nigerians React To Economic Pain As Inflation Rate Hits 34.80%

Asharami Energy Hits 4 Million LTI-Free Man-hours on OML 148 Assets

Top 15 Fastest Declining Jobs

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

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

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

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