Trade War: Pressure, Threats Won’t Work – China To US
The United States should work with China in the same direction to resolve trade disputes through equal-footed consultation, a Chinese spokesperson advised on Tuesday, stressing that pressure or threat will not work. Lou Qinjian, the spokesperson for the third session of the 14th National People’s Congress, China’s national legislature, made
Dangote, NNPCL Price War: Fuel May Drop To N650/Litre – Analyst
Financial analyst and Chief Economist at SPM Professionals, Paul Alaje, has said that the price of Premium Motor Spirit (petrol) may drop to between N650 and N800 per litre if the price war or competition between Dangote Refinery and the Nigerian National Petroleum Company Limited, NNPCL, continues. Alaje, speaking in
BREAKING: Court Stops Nigerian Senate From Probing Natasha
An Abuja Federal High Court has issued an interim order stopping the Senate Ethics Committee from proceeding with its planned investigation of the actions of Senator Natasha Akpoti-Uduaghan, effectively pausing the committee’s deliberations. The court presided by Justice Obiora Egwuatu gave the order on Tuesday following an ex parte application
Naira Appreciates Against Dollar To End Week On Good Note
Naira appreciated against the dollar to end on positive note at the official foreign exchange market on Friday. The Central Bank of Nigeria’s exchange rate data showed that the Naira strengthened to N1,492.49 per dollar on Friday from N1,499.07 recorded on Thursday. Accordingly, this showed that the Naira appreciated by
Nigerian Banks Begin Implementation Of New ATM Withdrawal Charges
The new Automated Teller Machine, ATM charges imposed on Nigerians by the Central Bank of Nigeria, CBN, came into effect on Saturday. This follows the apex bank’s announcement on 11 February 2025 that, from 1 March 2025, N100 and N450 fees would apply to ATM withdrawals. The CBN explained that the
Elumelu Commits To Boosting Gabon’s Infrastructure, Youth Empowerment
The Chairman of United Bank for Africa (UBA) Group and Founder of the Tony Elumelu Foundation (TEF), Tony Elumelu, has once again reaffirmed his commitment to the development of Gabon’s economy development following a high-level meeting with the President of Gabon, Brice Oligui Nguema earlier this week. Elumelu who was
Telecom, Electricity, Multichoice Tariff Hike: Nigerians Knock NLC
As Nigerians continue to grapple with several policies considered to be unfavourable, the Nigeria Labour Congress, NLC, has come under scrutiny. NLC which was hitherto known for its formidable force, holding the government and private sector accountable, recently lost its influence due to a series of ’empty’ threats that have