Stocks Drop as Trump Announces Tariffs on Key US Trading Partners

Reported by Tahir Ishaq Shehu US stocks fell sharply on Monday after President Donald Trump announced…

European Markets Close Mixed Amid Trade Tensions and Weak German Exports

Reported by Tahir Ishaq Shehu European equities ended Tuesday’s session on a mixed note, as renewed…

DMO Launches July 2025 Savings Bonds at Reduced Interest Rates

Reported by Tahir Ishaq Shehu  The Debt Management Office (DMO) has opened the subscription window for…

Nigeria Secures WTO Digital Trade Fund to Support Women Entrepreneurs

Nigeria has secured a major win on the international stage with the successful bid for the…

Africa Takes Major Step Towards Financial Independence with New Payment Card

In a groundbreaking development aimed at reducing Africa’s dependency on foreign currencies, Nigeria and other African…

FG Fines Multichoice ₦766.2m for Data Privacy Breach, Orders Nationwide Probe

The Federal Government has imposed a fine of ₦766,242,500 on Multichoice Nigeria for breaching the Nigeria…

FG Spends N536.4bn on Electricity Subsidy in Q1 2025, Yet GenCos Wait for N4.7tn Debt Payment

The Federal Government spent a staggering ₦536.4 billion on electricity subsidies in the first quarter of…

NUPRC Generates N28.11bn from Licensing, Eyes More as Permit Renewals Surge

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has recorded a total of N28.11 billion in miscellaneous…

Petrol Prices Fall Below N900 as Dangote Refinery Slashes Ex-Depot Rate

Petrol pump prices across many parts of Nigeria have dropped below ₦900 per litre following a…

Nigeria’s Debt Servicing Hits 4.1% of GDP in 2024, Says AfDB Report

Nigeria spent 4.1 per cent of its Gross Domestic Product (GDP) on debt servicing in 2024,…