Tag: economy

Naira Holds Steady Near N1,379 Per Dollar

Lagos State - The naira remained broadly stable against the United States dollar on Friday, with only marginal…

Naira Trades Near N1,370 Per Dollar Amid Stable Weekend Session

Lagos State - The naira continued to trade within a relatively narrow range against the United States dollar…

Naira Trades Stable Near N1,371 Per Dollar on Official Market

Lagos State - The naira traded within a relatively stable range against the United States dollar on Thursday,…

Naira Posts Mixed Performance Across Official, Parallel Markets

Lagos State - The naira recorded a mixed performance against the United States dollar across the official Nigerian…

US Inflation Slows in June as Energy Costs Ease, Though Iran Tensions Loom

United States consumer inflation cooled more than expected in June, according to government data released Tuesday, as energy…

Dangote Emerges Big Winner From US Iran Tensions, WSJ Reports

The Wall Street Journal has reported that Dangote Petroleum Refinery is reaping significant benefits from its investment strategy…

Nigerian Stocks Overtake South Korea’s Kospi for World’s Top Returns

Nigerian equities have overtaken South Korea's Kospi index to deliver the highest dollar-based returns of any stock market…

Nigeria Foreign Reserves Hit 51 Billion Dollars, Highest in 17 Years

ABUJA — Nigeria's foreign exchange reserves rose to 51.04 billion dollars this week, the highest level in 17…

Tinubu’s 2025 Tax Reform: 0% CIT for Small Businesses

By  Bello Abdul'Azeez   Nigeria’s new tax laws, the Nigeria Tax Act, 2025 and the Nigeria Tax Administration…