Latest News in Nigeria – Page 66 of 91

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

October 26, 2024

Business·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

October 26, 2024

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business·Markets·News

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

October 26, 2024

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

Business·FEATURES·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

October 25, 2024

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

October 25, 2024

Cooking Gas: The Fire Nigerians Can’t Afford To Keep Burning

Business·FEATURES·News·Oil & Gas

Cooking Gas: The Kitchen Energy Nigerians Can’t Keep Burning

Nigerians Suffer as Cooking Gas Prices Surge The price of cooking gas, a vital resource for millions of Nigerians, has soared to alarming levels, rising from N700 per kilogram in June 2023

Emmanuel Ochayi

October 25, 2024

NGX Set To Lose N60bn As MRS Oil Nigeria Plc Plans To Delist Shares

Business·Markets·News

Nigeria’s Stock Market Continues Positive Momentum Amid Strong Earnings Reports

Stock Market Surges as Q3 Earnings Fuel Optimism Nigeria’s stock market has maintained a positive trend throughout the week, thanks to strong third-quarter (Q3) earnings reports. The Nigerian Exchange Limited (NGX) has

Emmanuel Ochayi

October 25, 2024

Cabinet Reshuffle: Presidency Clarifies Ministers Were Discharged, Not Sacked

News·Politics

Cabinet Reshuffle: Ministers Were Discharged, Not Sacked, Presidency Clarifies

Tinubu’s Cabinet Reshuffle Clarified The Nigerian Presidency has provided clarity on President Bola Tinubu’s recent cabinet reshuffle, stating that the ministers affected were “discharged” rather than “sacked.” The explanation comes after mixed

Emmanuel Ochayi

October 24, 2024

Nigeria's Foreign Trade Surplus Hits $50.4 Billion: Who Gains as Naira Depreciates

Business·News

Nigeria’s Foreign Reserves Reach $40.2b Amid Shift In Economic Policy

Nigeria’s Foreign Reserves Surge to $40.2 Billion Nigeria’s foreign reserves have increased significantly, reaching $40.2 billion in October 2024, up from $38.4 billion in September. This news was shared by Olayemi Cardoso,

Emmanuel Ochayi

October 24, 2024

Business·FEATURES·News·Oil & Gas

Petrol At N1,000 Or Gas At N200? Tinubu’s Costly Dilemma For Drivers

Petrol at N1,000: Nigerians Face a Tough Choice Nigerians are now caught between two hard realities: paying N1,000 per litre for petrol or switching to compressed natural gas (CNG) at a significantly

Emmanuel Ochayi

October 24, 2024

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Latest News in Nigeria - Page 66

Fuel Of Despair: Is Tinubu’s Government Driving Nigerians To A Breaking Point?

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

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

Nigeria’s Foreign Reserves: A Tale Of Contradictions

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

Cooking Gas: The Kitchen Energy Nigerians Can’t Keep Burning

Nigeria’s Stock Market Continues Positive Momentum Amid Strong Earnings Reports

Cabinet Reshuffle: Ministers Were Discharged, Not Sacked, Presidency Clarifies

Nigeria’s Foreign Reserves Reach $40.2b Amid Shift In Economic Policy

Petrol At N1,000 Or Gas At N200? Tinubu’s Costly Dilemma For Drivers

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