market

163 Articles
Crime & conflict

Polls Reveal Growing Disapproval of Trump’s Second Term on Economy, Immigration, and Tariffs

Recent polls conducted by major American media outlets, including the Associated Press-NORC Center for Public Affairs Research, New York Times/Siena College, Fox News,...

Entertainment

Dangote Cement’s Decline Leads N202bn Loss on NGX, Market Breadth Stays Positive

The Nigerian Exchange Limited (NGX) recorded a N202 billion loss on Friday, April 25, 2025, ending a three-day bullish streak, primarily driven by...

Economy

Dollar Gains as China Grants Tariff Exemptions, Signaling Trade War De-escalation

The U.S. dollar is on track for its first weekly gain since mid-March 2025, bolstered by signs of a potential thaw in the...

Crime & conflict

Trump Signals Optimism for China Trade Deal Amid Tariff Tensions

On April 17, 2025, U.S. President Donald Trump expressed confidence in securing a trade deal with China, stating, “Oh we’re going to make...

Politics

Court Dismisses NNPCL’s Objection in Dangote Refinery’s Suit Over Import Licenses

A Federal High Court in Abuja has dismissed an objection raised by the Nigerian National Petroleum Company Limited (NNPCL) challenging the competence of...

Crime & conflict

Trump Stands Firm on Steel and Aluminum Tariffs, Signals Broader Trade Measures by April 2

President Donald Trump has doubled down on his administration’s aggressive trade policy, declaring that he has no plans to grant exemptions on the...

Economy

Naira’s Downward Spiral Continues: Hits N1,554.85 at Official Market, N1,590 in Black Market

The Nigerian naira has slumped against the U.S. dollar for the fourth consecutive time across both official and parallel foreign exchange markets, raising...

Crime & conflict

Trump Tightens the Screws on Russia with New Oil, Gas, and Banking Restrictions

President Donald Trump is gearing up to intensify economic pressure on Russia, targeting its oil, gas, and banking sectors with stricter measures. The...

Entertainment

Why Petrol Imports Persist Despite Local Refining Efforts in Nigeria

Petroleum product retailers and marketers have shed light on the ongoing reliance on petrol imports, even with the operational Dangote Refinery and other...

Entertainment

Nigeria’s Petrol Imports Double in 2024 Despite Local Refining Gains

In a surprising twist, Nigeria’s petrol imports skyrocketed in 2024, doubling to a staggering N15.42 trillion despite significant strides in domestic refining capacity....