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China Slaps 34% Tariff on US Goods, Escalating Trade War
Asia China Slaps 34% Tariff on US Goods, Escalating Trade War
Nigeria News
2 min read
China has announced a 34% tariff on all US goods starting April 10, following the US's imposition of steep tariffs on Chinese products. The move...
Today's Naira Rate [03-04-2025]: Trump’s Tariff War Triggers Naira’s Sharp Drop to N1,552.53 Against Dollar
Nigeria Today's Naira Rate [03-04-2025]: Trump’s Tariff War Triggers Naira’s Sharp Drop to N1,552.53 Against Dollar
Nigeria News
2 min read
The Nigerian naira recorded its largest depreciation this week, falling to N1,552.53 per dollar in the official market, largely due to U.S...
Forbes 2025 Black Billionaires List: Six Nigerians Among the Wealthiest
Nigeria Forbes 2025 Black Billionaires List: Six Nigerians Among the Wealthiest
Nigeria News
2 min read
Forbes’ 2025 list of Black billionaires features six Nigerians, including Aliko Dangote, Mike Adenuga, and Femi Otedola. These influential figures...
New NNPCL CEO Ojulari Set to Restructure Oil & Gas Sector
Nigeria New NNPCL CEO Ojulari Set to Restructure Oil & Gas Sector
Nigeria News
2 min read
New NNPCL CEO, Bayo Ojulari, is set to implement major reforms, with reports indicating a restructuring across subsidiaries. Experts urge him to...
CBN Dismisses Viral Fake Circular About New ₦5,000, ₦10,000 Notes
Nigeria CBN Dismisses Viral Fake Circular About New ₦5,000, ₦10,000 Notes
Nigeria News
1 min read
The CBN has refuted claims of introducing ₦5,000 and ₦10,000 notes following a viral fake circular. The bank urged the public to verify...
NNPC Raises Petrol Prices Again: N950 in Abuja, N925 in Lagos
Nigeria NNPC Raises Petrol Prices Again: N950 in Abuja, N925 in Lagos
Nigeria News
2 min read
NNPC has raised petrol prices to N950/litre in Abuja and N925/litre in Lagos, marking a significant hike. The move follows Dangote Refinery’s halt...
Sterling Bank’s No-Fee Transfer Policy Pressures Other Banks to Follow Suit
Nigeria Sterling Bank’s No-Fee Transfer Policy Pressures Other Banks to Follow Suit
Nigeria News
2 min read
Sterling Bank has eliminated transfer charges for local online transactions, making it the first major Nigerian bank to implement a zero-fee...
Cadbury Nigeria’s Operating Income Drops by 24% as Losses Persist in 2024
Nigeria Cadbury Nigeria’s Operating Income Drops by 24% as Losses Persist in 2024
Nigeria News
1 min read
Cadbury Nigeria reports a N22.2 billion loss for the 2024 fiscal year, a slight decrease from the previous year’s N22.4 billion loss. Despite a...
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