Monday, June 2, 2025

Eric Ojo

Naira sinks to long-feared black market rate of 1,000 to dollar

The naira fell to a new record low of 1,000 to a dollar on the parallel market on Tuesday, traders said, driven by speculation...

SME series: Hat Arena seeks partnership with UK designers

Hat Arena, a fast-rising and Afro-centric fashion company, has announced its plan to partner with frontline designers in the United Kingdom. Registered in South Africa...

Electronics giant Toshiba leaving stock market after 74 years

Troubled electronics and energy giant Toshiba will leave the stock market after 74 years to become to a private company. - Key details to note One...

IMF seeks more fuel subsidy cuts, says climate above consumer pain

The International Monetary Fund is pushing for more fuel subsidy cuts, arguing that while fuel prices would rise if governments removed subsidies, this would...

Peter Obi files Supreme Court appeal against Tinubu’s election

The presidential candidate of the Labour Party, Peter Obi, has filed an appeal at the Supreme Court, challenging the judgement of the presidential election...

Latest Stories

Naira stabilised after 2023 crisis, but cracks are emerging

After a six-month rebound from its worst-ever crisis in...

Rainy season just started in Nigeria. Over 110 killed by floods already

At least 111 people have died in central Nigeria’s...

Abbey Mortgage Bank is raising ₦100 billion to change to commercial banking

Abbey Mortgage Bank is planning to raise up to...

Tinubu is taking $24 billion in new loans weeks after clearing IMF debt

Just weeks after celebrating the repayment of a $3.3...
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