market
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...
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...
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...
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...
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...
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...
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....
Tragic Death in Bauchi: Husband Allegedly Beats Wife to Death Over Ramadan Meal Dispute
In a heartbreaking incident that has gripped Bauchi, the State Police Command is investigating the death of 24-year-old Wasila Abdullahi, allegedly beaten to...
FG Sues Binance for $79.5 Billion in Economic Losses and $2 Billion in Back Taxes
The Federal Government of Nigeria has launched a legal offensive against Binance, the world’s largest cryptocurrency exchange, demanding $79.5 billion for alleged economic...
United Nigeria Airline Founder Lauds FG’s Support for Aviation Sector
On the occasion of United Nigeria Airline's 4th anniversary, Prof. Obiora Okonkwo, the airline's founder, praised the Nigerian Federal Government for fostering a...
