Category : Search result: naira economy


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.

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.

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.

Latin America Defies Trump Tariff Predictions

Exclusive insights from the Inter-American Development Bank show how Latin American economies weathered Trump's tariff policies better than expected, with strategic trade diversification paying off.

Xi Jinping meets South Korean leader after APEC summit

Chinese President Xi Jinping held crucial talks with South Korean President Yoon Suk Yeol following the APEC summit, signaling strengthened bilateral relations and economic cooperation between the Asian powerhouses.

Swiss Bank Profits Soar with Gold Price Surge

The Swiss National Bank reports staggering profits driven by soaring gold prices and favorable foreign exchange rates, marking a significant turnaround for the central bank.

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.

China Suspends Rare Earth Export Controls to EU

Breaking: China makes unexpected decision to lift rare earth export restrictions to European Union, reshaping global supply chains and economic dynamics. Official confirmation reveals strategic trade shift.

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.

AI Giants Accumulate Massive Debt in Tech Race

Major tech corporations are accumulating unprecedented debt to finance artificial intelligence development, creating both opportunities and risks for emerging markets like Nigeria.

22 Ships Dock in Lagos, Fuel and Food Prices Crash

Nigerians rejoice as 22 vessels carrying petrol, frozen fish, and food items arrive Lagos ports, causing significant price drops across major markets. Get the latest on how this maritime boom is affecting commodity costs.

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