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
Tag: Financial Markets
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
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
Military Juntas of Mali, Burkina Faso, and Niger Impose 0.5% Import Duty on ECOWAS Nations
Mali, Burkina Faso, and Niger have imposed a 0.5% import duty on Nigeria and other ECOWAS nations to fund their newly formed Alliance
31 March 2025
Business
Demand for Nigeria’s One-Year Treasury Bills Drops Despite CBN’s Yield Hike
Liquidity scarcity impact Nigeria’s one-year treasury bill demand has dropped to its lowest level in 2024 despite rising yields.
21 March 2025
Business
Finance Minister Wale Edun Sets 7% GDP Growth Target for Nigeria
Nigeria’s Finance Minister, Wale Edun, aims for a 7% GDP growth rate, surpassing the projected 4.6% for 2025
11 March 2025
Business
Dangote Cement Records N503.2 Billion Net Profit in 2024 Financial Year
Dangote Cement posts a net profit of N503.2 billion in 2024, marking a 10% growth with revenue hitting N3.58 trillion
2 March 2025
Breaking News
Nigeria Signs Deal with Saudi Arabia to Boost $7.7 Trillion Global Halal Market
Nigeria partners with Saudi Arabia’s HPDC to unlock the $7.7 trillion global halal market, boosting foreign investment and job creation
28 February 2025
Business
CBN’s Open Market Operations Sales Surge by 1,773% to N11.8 Trillion
The Central Bank of Nigeria (CBN) increased Open Market Operations (OMO) sales by 1,773% in 2024 to N11.8 trillion, aiming to curb inflation
27 February 2025
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