Category : Search result: Naira recovery


Naira Crashes, Stocks Drop After Trump Victory

Donald Trump's presidential win triggers financial turmoil in Nigeria as Naira crashes to record lows and stock market experiences significant drops. Expert analysis reveals what this means for Nigeria's economy.

Trump Threat Worsens Naira Crisis - CPPE

Former US President Donald Trump's recent military threat against Nigeria is causing investor confidence to plummet and worsening the naira's instability, according to the Centre for the Promotion of Private Enterprise.

Asian Markets Rally on Trader Optimism Surge

Major Asian stock markets surged as investor optimism grew over economic recovery prospects. Discover which markets led the gains and what's driving this positive momentum across the region.

Dollar Crashes vs Naira - Trump Warns Nigerian Government

The US dollar experiences dramatic crash against Nigerian naira with official and black market rates converging. Former US President Donald Trump warns Nigerian government about economic policies. Latest exchange rate updates and market analysis.

Oyo Police Bust Gang, Arrest 6, Recover Weapons

Nigerian Police Force in Oyo State scores major victory against crime as operatives dismantle dangerous criminal network, recover sophisticated weapons and military gear in intelligence-driven raid.

Nigeria's Economic Crisis: Experts Sound Alarm

Economic analysts sound alarm bells as Nigeria faces mounting challenges including currency volatility, rising inflation, and policy uncertainties that threaten citizens' livelihoods.

NGX Gains ₦285BN as Market Stages Impressive Comeback

The Nigerian Exchange Limited staged an impressive recovery, adding ₦285 billion in market capitalization as banking and insurance stocks led a bullish charge, reversing previous losses and signaling renewed investor confidence.

Fuel Tax Delayed Until Naira Recovers, Oil Prices Fall

The Nigerian government delays controversial fuel tax implementation until economic conditions improve. Tax Chairman Taiwo Oyedele reveals the strategic pause awaiting naira appreciation and falling oil prices.

Nigeria's Economy Improving, Nearing Stability - IWG

Nigeria's economic outlook shows promising signs of improvement as the Inflation Working Group manager confirms the economy is approaching stability with reduced inflation and strengthened Naira.

Eurozone Growth Beats Expectations in Q1 2024

The Eurozone economy has delivered a powerful performance, exceeding all forecasts with stronger-than-expected growth in the first quarter of 2024, driven by Germany's recovery and resilient consumer spending.

Naira Soars to 10-Month High Against Dollar

The Nigerian Naira experiences remarkable recovery, reaching its strongest position in 10 months as dollar exchange rates plummet across official and parallel markets.

FMCG Stocks Surge 200% in Nigerian Market Rally

Nigeria's FMCG sector experiences massive recovery as leading stocks deliver unprecedented returns, with some companies posting over 200% growth amid improved market conditions.

Dangote: Naira to stabilize by 2025

Aliko Dangote shares crucial insights on Nigeria's currency crisis, predicting when the Naira will stabilize against the dollar and offering practical advice for businesses and individuals.

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