ECONOMY
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Naira Records Strongest Gain Against Dollar Since Trump’s Tariff Pause
The Naira recorded its biggest surge against the U.S. dollar this week on Thursday, following a temporary halt in tariff…
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China not afraid – President Xi Jinping sends warning to Trump
China has declared plans to impose new tariffs of up to 125% on U.S. goods starting April 12, warning it…
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Nigeria set to launch e-visa, digital cards
Mr. Festus Keyamo, Minister of Aviation and Aerospace Development, has announced that the Federal Government is set to introduce an…
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Trump’s 90-Day Tariff Pause Boosts US Investors by $4.8 Trillion
On Wednesday, U.S. stock investors saw a remarkable $4.8 trillion gain just hours after President Donald Trump announced a 90-day…
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Reps probe CBN’s N1.12tr anchor borrowers scheme
A House of Representatives investigative team inspects how the Central Bank of Nigeria (CBN) and governmental departments through Anchor Borrowers…
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Diamond Bank founder, Pascal Dozie dies at 86
Pascal Dozie, the esteemed founder of the now-defunct Diamond Bank and a pioneer in Nigeria’s financial and telecommunications industries, has…
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Why Fuel Prices Remain High Despite Crude Drop – Refiners
The Crude Oil Refinery Owners Association of Nigeria (CORAN) has shed light on why Nigerians are not seeing a reduction…
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Naira weakened by 3% Q1 2025
In March 2025, the Nigerian naira faced intensified pressure, weakening further despite continued efforts by the Central Bank of Nigeria…
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Why Nigerians still pay more for fuel despite falling crude prices – refiners
Members of the Crude Oil Refinery Owners Association of Nigeria called CORAN presented the reasons Nigerians still pay high Premium…
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FCMB Group posts N111.9bn profit
The year-end financial report of FCMB Group Plc reveals a PBT of N111.9 billion matching a 7.1% growth from the…
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