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TNC Daily Open: The Trump Drama Nobody Asked For

Nigeria, May 6 -- This report is from today's TNC's Daily Open, our international markets update. TNC Daily Open keeps investors informed on everything they need to know, no matter where they are. Al... Read More


China Faces Mounting Deflation Risk as Tariff-Hit Exports Flood Domestic Market

Nigeria, May 6 -- China's economy is navigating turbulent waters as U.S. tariffs choke off exports and force unsold goods to be redirected into its already saturated domestic market. Though designed ... Read More


The Harsh Truth: Tinubu's Economic Reforms Are Failing Nigerians - And It's Time to Admit It

Nigeria, May 6 -- As Nigeria grapples with soaring inflation, declining purchasing power, and rising poverty, one question looms large: Is the Tinubu administration truly on the path of reform, or are... Read More


Oil Prices Crash as OPEC+ Boosts Supply - Brent Falls Below $60 on Oversupply Fears

Nigeria, May 5 -- Global oil prices took a steep hit in early Asian trading on Monday, falling to their lowest levels in nearly a month, as OPEC+ signaled a more aggressive approach to ramping up oil ... Read More


Nigerian Economy: Presidency Refutes AfDB Chief's "Worse Than 1960" Claim, Citing Progress Beyond GDP

Nigeria, May 5 -- The Nigerian Presidency has firmly countered recent claims by outgoing African Development Bank (AfDB) President, Dr. Akinwumi Adesina, who argued that Nigerians are worse off today ... Read More


Nigeria's Currency Management Costs Skyrocket to N315 Billion Amid Cash Crisis and Policy Reforms

Nigeria, May 5 -- Nigeria's apex bank, the Central Bank of Nigeria (CBN), saw a dramatic spike in its currency management costs in 2024, spending a staggering N315.18 billion on issuing and managing c... Read More


Jeff Bezos to Sell $4.75 Billion in Amazon Shares Amid Market Volatility and Strategic Diversification

Nigeria, May 4 -- Jeff Bezos, the visionary entrepreneur who transformed Amazon from a humble online bookstore into a global e-commerce and cloud computing powerhouse, is once again making headlines -... Read More


End of an Era: Warren Buffett to Step Down as CEO of Berkshire Hathaway After 60 Legendary Years

Nigeria, May 4 -- In a move that marks the end of one of the most iconic leadership eras in corporate America, Warren Buffett has officially announced his intention to step down as CEO of Berkshire Ha... Read More


FCCPC Challenges Meta's Exit Threat, Upholds $290M Fine Over Data Privacy Violations in Nigeria

Nigeria, May 4 -- Amid growing tensions between global tech giants and national regulators, Nigeria's Federal Competition and Consumer Protection Commission (FCCPC) has firmly responded to Meta Platfo... Read More


NHRC Pushes for Ethical AI Regulation to Safeguard Human Rights in Nigeria

Nigeria, May 4 -- As Nigeria experiences rapid digital transformation, the National Human Rights Commission (NHRC) is urging the establishment of regulatory frameworks to guide the development and dep... Read More