Economy Naira appreciates slightly amid speculation, experts cite forex system evolution March 20, 2025 New Daily Prime According to data from the Central Bank of Nigeria (CBN), the naira appreciated by 0.16 percent to 1530.52/$ at the close of trading on Wednesday, March 19, from 1532.93/$ in…
Automobile Tesla warns Trump’s trade war could hurt U.S automakers March 14, 2025 Elizabeth Jenrola Oso Electric vehicle maker Tesla is warning that the Trump administration’s trade policies could be detrimental to U.S.-based EV companies. In an unsigned March 11 letter to the Office of the…
Economy World News Mark Carney becomes Canada’s Prime Minister as trade war with Trump heats up March 9, 2025 Olaoluwa Vincent Ajayi Ottawa, Canada – Former Bank of England and Canada Governor, Mark Carney, has been elected as the new leader of the Liberal Party and Prime Minister of Canada, setting the…
Economy Nigerian exchange gains N94bn as Fidelity bank shares list on NGX March 4, 2025 New Daily Prime The Nigerian Exchange (NGX) saw a significant boost on Monday, following the listing of additional shares by Fidelity Bank Plc, which increased the market capitalisation by N94 billion. This surge…
Economy Nigeria News World News Oil prices fall after Opec+ confirms it will increase crude production March 4, 2025 New Daily Prime Traders had been expecting cartel to postpone its plan to boost output Opec+ said it will proceed with a plan to increase oil production from April, in an unexpected move…
Economy Nigeria’s foreign reserves hit 3-yr high, surpass $40bn February 26, 2025 Alade Adisa In what turns out to be a piece of positive news, Nigeria’s foreign reserves have surpassed the $40 billion mark for the first time in three years, marking a significant…
Economy World News Who will build Britain? future of UK infrastructure, economy February 21, 2025 New Daily Prime The UK needs to develop a pipeline of construction skills and knowledge After months of delivering confidence-sapping messages on the British economy, the Labour party has begun to change its…
Economy Nigeria News CBN keeps interest rate at 27.5% amid economic uncertainty February 20, 2025 New Daily Prime The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has decided to maintain the country’s benchmark interest rate at 27.50% following its 299th meeting in Abuja. CBN…
Economy Opinion $150m alleged bribe: Verbal war rages between Binance’s Gambaryan, Nigeria’s lawmakers February 17, 2025 Alade Adisa For the past week, there have been verbal alterations between a cryptocurrency firm, Binance’s boss, Gambaryan and some members of the House of Representatives over the former’s claims that the…
Economy FG takes full charge of Keystone bank February 11, 2025 New Daily Prime Keystone Bank has announced that it is now fully owned by the Federal Government of Nigeria, following a ruling by the Lagos State High Court on Tuesday, 11 February 2025.…
