Business
Airlines Slash Nigeria-Europe Fares as Low Travel Season Hits
Airlines slash flight ticket prices from Nigeria to Europe amid the February–May low travel season. Business and economy class fares see major drops
11 April 2025
Business
Business
Nigeria Records Highest Remittance Inflows in Five Years Under Cardoso
Nigeria saw a 9% rise in remittance inflows in 2024, hitting $20.98 billion—the highest in five years under CBN Governor Olayemi Cardoso.
10 April 2025
Business
China Hits Back with 84% Tariff on US Imports as Trade Tensions Soar
China retaliates with an 84% tariff on US imports after President Trump’s 104% tariff on Chinese goods, sparking global market concerns.
9 April 2025
Business
Federal Government Eyes Economic Reset After Trump’s Tariff Hits Exports
The Nigerian federal government is weighing a major shift in its economic strategy following U.S. President Donald Trump’s 14% tariff
8 April 2025
Business
Trump’s Tariff Shockwaves Hits Nigeria’s Financial Markets
Nigeria’s financial markets reel from global tariff tensions as the naira weakens despite CBN’s $321m intervention
7 April 2025
Business
Nigeria’s Public Debt Hits Record N144.6 Trillion as Borrowing Surges
Nigeria’s total public debt soared to a record N144.6 trillion by end of 2024, driven by a sharp rise in domestic and external borrowings.
5 April 2025
Business
Transcorp Hotels Declares N7.57 Billion Dividend for 2024
Transcorp Hotels Plc declares a total dividend of N7.57 billion for 2024, reflecting its strong revenue growth, profitability, and improved guest experience.
4 April 2025
Business
GTCO and Zenith Bank Lead the Share Price Market in Q1 2025
GTCO leads Nigeria’s banking sector in Q1 2025 with the highest share price, while Zenith Bank follows closely.
3 April 2025
Business
Naira Faces Continued Pressure Below ₦1,550/$ as FX Market Remains Fragile
The naira struggles below ₦1,550/$ in the parallel market despite growing FX reserves. Meanwhile, global markets await President Trump’s new tariff plans.
2 April 2025
Business
Temu, Pricepally, and the Battle for Nigeria’s $9.54 Billion E-Commerce Market
Temu and Pricepally are making waves in Nigeria’s e-commerce market, projected to hit $9.54 billion in 2025. With digital adoption rising, competition intensifies among platforms like Jumia, Konga, and Jiji.
1 April 2025
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