President Donald Trump’s sharp 25 percent tariffs on US imports from Canada and Mexico — with a lower rate for Canadian energy — kicked in […]
Category: Business
Here's why Nigeria's FX reserves are declining despite CBN's efforts
Nigeriaâs foreign exchange reserves have maintained a downward trend, declining by 3.3% month on month. The latest data from the Central Bank of Nigeria (CBN) […]
Mind the wage gap: China's subway farmers highlight inequality
As the economy took centre stage at a key political meeting in the capital Beijing thousands of kilometres away, the pensioners went about their daily […]
EU asked to say how much funding given to Musk firms
US President Donald Trump has criticised the European Union, claiming it was “formed in order to screw the United States”, and has threatened the bloc […]
Experts reveal why the fall in crude oil prices in a mixed fortune for Nigeria
Nigeriaâs Bonny Light crude dropped by 10.6% to $73.53 per barrel from $84.02 in January, sending fears over the performance of the Nigerian governmentâs 2025 […]
How FG lost N120 billion revenue to illegal private jet charters
The federal government has lost over N120 billion in revenue to illegal private jet charter operations in the last decade. A report by the Ministerial […]
Shocking! Dangote‘s company see huge loss after tax
For the fiscal year that concluded on December 31, 2024, Dangote Sugar Refinery Plc reported a loss after tax of N192.6 billion, which is 161% […]
Sanctioned airlines in more trouble as NCAA unholds punishments
The Nigeria Civil Aviation Authority (NCAA) has declined waiver requests from several airlines to cancel the penalties imposed on them. The authority insisted that the […]
Trump tariffs leave Mexican tequila producers with sour taste
Trump imposed 25 percent levies on Mexico and Canada, and doubled tariffs on China, prompting jitters on global markets and fears the spat is devolving […]
See latest naira to dollar exchange rates in official and black markets
The Nigerian currency, the naira, depreciated slightly against the United States dollar in the official market. Data from the CBN showed that the Nigerian Foreign […]