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China and US Edge Close to Reducing Trade Tensions

Nigeria, June 27 -- America and China have also made a breakthrough in reviving their troubled trade relationship with an agreement on a new pact that can revive trade in high-tech products and rare e... Read More


See Why DStv Reduced Decoder Prices 50%

Nigeria, June 26 -- In a shocking development that rocked the pay-TV industry, MultiChoice Nigeria reduced the price of its DStv decoders by half. The price-cutting strategy is occurring against the ... Read More


Unseen Dollars: How 90% of Nigeria's Forex Stays Hidden - and BDCs Could Unlock It

Nigeria, June 26 -- Nigeria's foreign exchange market keeps a stunning secret. As much as 90 percent of all dollar transactions are carried on entirely off the books, or so allege Bureau de Change (BD... Read More


How Nvidia's Stock Surge Made Jensen Huang $5.5B Wealthier in a Day

Nigeria, June 26 -- Nvidia founder and AI revolution pioneer Jensen Huang saw his wealth swell by $5.5 billion in just one day. His wealth swelled as Nvidia stocks hit fresh all-time highs, sending t... Read More


Over 90% of Forex Liquidity Dry Up as BDCs Call for CBN Cooperation

Nigeria, June 25 -- The owners of the Nigerian Bureau de Change (BDC) shared a shocking revelation with the world: more than 90 percent of dollar liquidity in Nigeria is already in the system, where n... Read More


Conoil Battles Debt Rise as Q1 2025 Profit Drops with Skyrocketing Interest Cost

Nigeria, June 25 -- Conoil Plc started the year on unsteady feet with a colossal 93 percent fall in pre-tax profit in the first quarter of 2025 to N372 million. That is its lowest in three years sinc... Read More


Foreign Investor Penetration Reassures Greater Confidence in Nigerian Equities

Nigeria, June 25 -- By halfway through 2025, overseas investment in the Nigerian stock market had grown more than twice, mirroring growing investor confidence driven by improved foreign exchange stabi... Read More


Naira Slides to N1,600 as Market Eases and CBN Acts

Nigeria, June 24 -- The Nigerian naira traded at about N1,600 against a dollar in the parallel market on Tuesday, as the currency remains under pressure. The local currency lost a bit in the official... Read More


CBN Blames Governors, Court Cases for Stalled N85bn Health Centre Project in 190 LGAs

Nigeria, June 24 -- The Central Bank of Nigeria (CBN) has blamed the inability to complete the highly ambitious N85 billion project to construct 774 inclusive health centers in the country on constant... Read More


Fragile Calm Restored as Trump Declares End to Israel-Iran Conflict

Nigeria, June 24 -- In a stunning turnabout of face that left the world panting for breath, United States President Donald Trump had issued an Iran-Israel ceasefire agreement in its entirety last nigh... Read More