Business

Nissan records $4.5bn loss, sets to sack 20,000 workers

Nissan posted a huge annual net loss of $4.5 billion on Tuesday, May 13, 2025. Nissan also confirmed reports that…

11 months ago

World Bank: Nigeria’s economy improving due to reforms

The World Bank has stated that the Nigerian economy is improving due to the country’s commitment to sustained reforms. The…

11 months ago

Stock market investors lose N297bn

The stock market commenced the week on a negative note on Monday, May 12, 2025, extending Friday’s bearish trend, as…

11 months ago

Naira trades N1,600/$ at official market

The naira appreciated at the official market on Monday, May 12, 2025, trading at N1,600.44 to a United States dollar.…

11 months ago

Fidelity Bank posts N105.8bn profit in Q1 2025

Fidelity Bank Plc says it generated N105.8 billion as its profit before tax (PTB) in the first quarter of 2025.…

11 months ago

Insurgency: Governor bans sale of petrol days in Borno towns

Borno State Governor, Professor Babagana Umara Zulum, has announced an immediate ban on the sale of petrol across Bama Local…

11 months ago

Tomato farmers hit hard as pest outbreak costs Nigeria N1.3bn

Nigeria has recorded losses exceeding N1.3 billion due to an outbreak of Tuta absoluta, commonly known as "Tomato Ebola," across…

11 months ago

Stock market investors lose N313bn

The Nigerian stock market closed the week on a bearish note as key performance indicators dipped by 0.46 per cent…

11 months ago

Stock market gains N240bn

The stock market extended its rally for a fifth consecutive session on Thursday, May 8, 2025, adding N240 billion to…

11 months ago

U.S., UK agree trade deal for tariff relief

The United States and the United Kingdom are expected to announce a new trade deal on Thursday, May 8, 2025,…

11 months ago

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