Markets Rally as Trump Returns to White House
As Donald Trump prepares for his second term as U.S. president, investors are cautiously optimistic about his pro-business policies while…
Day: January 20, 2025
Taiwanese Tech Firms Consider US Expansion to Counter Trump Tariffs
Taiwanese laptop manufacturers Compal and Inventec are exploring expansion into the United States, with Texas emerging as a strong candidate…
Paytm Loss Narrows as Digital Payments Business Recovers
Indian fintech company Paytm reported a significant reduction in its third-quarter adjusted loss as its digital payments business rebounded following…
Wipro Stock Surges Amid Hopes of IT Sector Revival
Wipro’s shares soared by about 8% on Monday, marking their best day in nearly four years, after the Indian IT…
TikTok Restored in the US as Trump Reverses Ban Decision
In a dramatic turn of events, millions of American TikTok users were met with an unexpected shutdown of the app…
Nigeria Seeks Global Mining Partnerships to Boost Economy
Nigeria has reaffirmed its commitment to attracting global investment in its mining sector as part of broader efforts to strengthen…
Poor Network Services Frustrate Maiduguri Residents
Residents of Maiduguri, Borno State, are facing persistent challenges with mobile network services, particularly from major providers MTN and Airtel.…
Sokoto Strengthens Investment Drive with New Board Inauguration
Governor Ahmed Aliyu has inaugurated the Chairman and Board members of the Sokoto Investment Company, reaffirming his administration’s commitment to…
Weak Naira Attracted Tourists and Boosted Economy in December
The depreciation of Nigeria’s local currency, the naira, significantly influenced international tourism and spending in the country last December. Many…
NASD OTC Exchange Sees Record Growth with 224% Return
In 2024, Nigeria’s NASD OTC Securities Exchange saw a significant increase in turnover, with the NASD Securities Index recording a…
Recapitalisation: Access Holdings’ market cap hits N1.3tr
Access Holdings Plc has concluded its recapitalization process with 17.77 billion additional shares at the Nigerian Exchange (NGX). This listing…
High Interest Rate: Manufacturers cut back on bank loans
The Central Bank of Nigeria’s (CBN) aggressive monetary tightening has driven manufacturers to cut back on bank loans, marking the…
Trump Promises Swift Action on US Crises at Pre-Inauguration Rally
At a massive pre-inauguration rally in Washington, President-elect Donald Trump vowed to take immediate action on national issues, focusing primarily…
Government Targets Passage Of Digital Economy Bill By Q2
The Federal Government of Nigeria aims to pass the Digital Economy Bill by the second quarter of 2025 as part…
Rising Debt Burden Hits Nigerian Firms as Liabilities Reach N3.6tn
A recent report has revealed that 15 listed companies on the Nigerian Exchange Limited recorded a combined non-current liability of…
Government Ensures Quality Service as Telecom Tariff Hike Looms
The Nigerian government has pledged to improve telecom service quality as it prepares for an upcoming tariff increase. Minister of…
Crypto Scams and AI Cyberattacks Threaten Nigeria’s Digital Security
Nigeria’s cybersecurity landscape in 2025 is expected to be dominated by cryptocurrency scams and AI-driven cyberattacks, according to a new…
Equity market loses N1.45tn in one week
The Nigerian equity market experienced significant losses last week, dropping by 2.94% to close at 102,353.68 points. Market capitalization also…