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In a transformative shift for Nigeria’s energy landscape, the nation’s petrol import bill plummeted by 54% in the first quarter of 2025, dropping from N3.81 trillion in Q1 2024 to N1.76 trillion, according to the National Bureau of Statistics (NBS). This dramatic decline, also reflecting a 47% reduction from N3.3 trillion in Q4 2024, is … Read more
Introduction Lucid Stock Price Prediction Lucid Stock Price Prediction – Investors and enthusiasts in the stock market are often interested in predicting the future performance of specific stocks. Lucid Motors, a prominent player in the electric vehicle (EV) industry, has gained attention for its innovative technology and sleek designs. In this article, we will explore … Read more
On April 6, 2025, Taiwan’s Financial Supervisory Commission (FSC) announced temporary curbs on short-selling to stabilize its stock market following the U.S. imposition of new tariffs under President Donald Trump. The measures, effective from Monday, April 7, through Friday, April 11, limit the number of shares that can be sold short and raise the minimum … Read more
LONDON, May 24, 2025 – Harvard University’s bonds, part of its $8.2 billion debt portfolio, have taken a significant hit, with some dropping to near-record lows as tensions with the Trump administration intensify, according to market reports. The university’s 3.15% 2046 bond fell to 66.5 cents on the dollar on Friday, reflecting a discount of … Read more
Swiss President Engages Trump on Trade, Eyes Swift Solutions April 9, 2025 – Bern, Switzerland – Swiss President Karin Keller-Sutter held a pivotal phone call with U.S. President Donald Trump on Tuesday, April 8, to address the escalating trade tensions sparked by Trump’s sweeping tariffs, including a 31% duty on Swiss imports. The conversation, confirmed … Read more
NGX Eyes Major Overhaul: Plans for Longer Trading Hours, Potential 5 PM Close to Boost Market Activity In a move that could transform Nigeria’s capital markets, the Nigerian Exchange Limited (NGX) is exploring extended trading hours from the current 9:30 a.m. to 2:30 p.m. window to a full 9:00 a.m. to 5:00 p.m. session. This … Read more
Abuja, Nigeria, April 5, 2025 – Nigeria’s naira has plunged to an official exchange rate of N1,600 per U.S. dollar as of Saturday morning, a steep drop from N1,545 earlier this week, according to Central Bank of Nigeria (CBN) data reported by Nairametrics. The crash comes as President Donald Trump’s sweeping tariffs—announced April 2 with … Read more
Russian Foreign Minister Sergei Lavrov and U.S. Secretary of State Marco Rubio held a phone call on August 12, 2025, to discuss preparations for a summit between U.S. President Donald Trump and Russian President Vladimir Putin, scheduled for August 15 in Anchorage, Alaska. Both diplomats expressed their commitment to ensuring successful talks, with a key … Read more
On June 16, 2025, the Federal Excessive Courtroom in Abuja, presided over by Justice Muhammed Umar, rejected the Federal Authorities’s request to subject a bench warrant for the arrest of suspended Kogi Central Senator Natasha Akpoti-Uduaghan. The request, made by the Lawyer Common of the Federation (AGF), Lateef Fagbemi (SAN), stemmed from her absence at … Read more
July 4, 2025 – As digital currencies gain global traction, African central banks are increasingly exploring Central Bank Digital Currencies (CBDCs) to modernize payment systems, enhance financial inclusion, and address economic challenges unique to the continent. According to a July 2025 report from Nairametrics and insights from the International Monetary Fund (IMF) and Atlantic Council, … Read more