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Tariff Shock: Oil declines, CBN sells $198 million to support Naira
Crude oil prices have dropped by more than 12%, now hovering around $65.50 per barrel, following the implementation of extensive…
Asian stocks see their worst rout in decades after Trump tariffs
Asian stocks from Shanghai to Tokyo and Sydney to Hong Kong plunged on Monday to levels not seen in decades, as global markets…
Oil price drops to $65 per barrel — lowest in four years
Brent crude oil price fell on Friday to $65.58 per barrel for the first time in four years.
During trading, Brent crude price,…
Stocks fall again as Trump tariff jitters continue
Shares fell again on Friday as markets continued to react to the uncertainty surrounding the economic impact of US tariffs.…
CBN breaks silence on alleged introduction of N5,000, N10,000 notes
The Central Bank of Nigeria (CBN) has denied introducing N5,000 and N10,000 currency notes.
The apex bank was reacting to a…
FULL LIST: Trump signs Executive Order imposing 14% tariff on imports from…
President Donald Trump has announced sweeping global tariffs on all imports into United States, slamming 14 percent on Nigeria.…
BREAKING: Tinubu fires NNPC boss, Kyari, dissolves board, announces…
President Bola Tinubu has sacked the Group Chief Executive oOfficer (CEO) of the Nigerian National Petroleum Company (NNPC)…
Nigeria’s statistical system performance below par compared to S/Africa,…
The World Bank says the performance of Nigeria’s statistical system is below par compared with those of Brazil, South Africa,…
Naira rises to N1,560/$ in parallel market
The Nigerian currency experienced contrasting movements across exchange markets on Thursday. In the parallel market, the Naira…
2024 financial statement: UBA records N766bn profit after tax
The United Bank for Africa (UBA) says it recorded N766 billion as profit after tax in the full year of 2024, up from N607 billion…