War: Oil prices fall as US, Iran reach ceasefire agreement
Oil prices have gone down, while stocks are rising and bonds are becoming stronger after the United States and Iran agreed on a two-week ceasefire. This move is expected to help bring peace to the Middle East. However, it is still not clear how this agreement will affect Nigerians. Many people in Nigeria are already […]
NGX records massive N2.5tn gain first time since Trump’s threat shockwave
The Nigerian Exchange (NGX) has recorded a remarkable N2.5 trillion gain, marking the first significant recovery since the economic shock caused by former U.S. President Donald Trump’s recent threats against Nigeria. The surge comes after a period of heightened investor anxiety and market volatility triggered by Trump’s designation of Nigeria as a “Country of Particular […]
39 firms drag Nigerian stock market to 4th consecutive losses
The Nigerian stock market recorded its fourth consecutive day of decline as 39 companies experienced losses, leading to a continued drop in investors’ confidence. Market experts say the downward trend is driven by sell-offs across key sectors, especially banking, industrial goods, and consumer goods. This persistent decline has increased worries among traders and analysts, who […]
Nigerian Stock Exchange gains N285bn after days of losses
The Nigerian stock market bounced back strong on Friday, adding N285 billion in value after several days of declines. This rebound brought fresh relief to investors who had seen continuous losses earlier in the week. The recovery shows renewed confidence in the market, especially as traders took advantage of lower share prices to buy into […]
Nigerians shouldn’t be swayed solely by negative global statistics about the country’s economy and poverty – Presidency
Many Nigerians have been worried about the economy and rising poverty, especially with global reports painting a gloomy picture. But the Nigerian Presidency says people should not only focus on these negative statistics. According to them, the changes brought by President Tinubu’s government are starting to improve things. Some people have said that life has […]
US Tariffs: If I were you, I’ll resign as President – Bill Clinton’s ex-aide tells Trump
Lawrence Summers, who worked as Treasury Secretary during Bill Clinton’s time as President, has strongly criticized President Donald Trump’s new tariff policy. According to Summers, the big drop in the U.S. stock market on Thursday was something he had never seen before. He shared his thoughts on X (formerly Twitter), saying that if he were […]
President Trump announces he’ll buy brand new Tesla to support Elon Musk following boycotts, dropping stock
U.S. President Donald Trump has announced that he will buy a brand-new Tesla to support Elon Musk. This comes after Tesla’s stock has dropped significantly, and protests have spread across the country. Many activists are boycotting Tesla because of Musk’s involvement with the White House. Trump defended Musk, calling him a “great American” who is […]