The ongoing tariff war between the United States and China has increased, sending global crude oil prices falling six percent on Wednesday, April 9, 2025. US President Donald Trump on Wednesday, April 9, 2025, confirmed a 104 percent tariff for Chinese imports while in Tit-For-Tat, China slamming 84 percent on US items which will be valid on April 10, 2025. …
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Ripplesmetrics: In the river, dependence on FAAC encourages budget preparation rather than IGR (Section 2)
Among the crisis that shook the Siminaayi Fubara administration that had become a budget presentation, financial allocations that encourage government spending in one fiscal year. Budget presentations are prepared by the executive and presented to the legislature to debate before being signed into law. However, in the last two years, the presentation cycle has not been smooth, especially with accompanying …
Read More »The Nigerian government directs the full implementation of Naira-For-Crude policies
The Federal Executive Council has directed the full implementation of the Naira-Fror-Crude agreement suspended by local oil rectors in new encouragement to strengthen Nigerian energy security and reduce dependence on foreign exchange. The Ministry of Finance confirmed this development on Wednesday through a post on the official handle of X (previously Twitter), entitled “Renewal of Sales of Oil Products and …
Read More »Rivers: Iba ignores the court orders, appointing the administrator for 23 LGA
Although the court orders arrest him from making an appointment, a single state administrator, representative of the Ibok-eet Iba (Retd.), Has advanced to appoint an administrator for 23 regional government areas in the state. The appointment of administrators arrived almost 24 hours after the Federal High Court sitting in Port Harcourt led by Judge Adam Muhammmed on Tuesday, in a …
Read More »The Zulum government urged the increase in military support because Borno struggled with the threat of a new Boko Haram
The Governor of Borno State, Babagana Zulum, has increased alarm over the new surge in the attack and kidnapping of Boko Haram, warning that the frequency of this incident without substantial resistance indicates erosion of control in the state. Overcoming a Special Expansion Security Meeting (ESM) on Tuesday, Zulum joined a high -ranking military and security official, including public officials …
Read More »Laporan Khusus: Pemerintah Kwara memalingkan muka sebagai siswa berisiko anggota, menderita tidak adanya pusat CBT jamb yang terakreditasi
Pemeriksaan Matrikulasi Tersier Terpadu (UTME) adalah pemeriksaan untuk mahasiswa prospektif ke dalam lembaga tersier Nigeria. Selama bertahun -tahun, Penerimaan Bersama dan Dewan Matrikulasi (JAMB) telah mengawasi setiap kegiatan untuk latihan ini. Sebelum seorang siswa dapat memenuhi syarat untuk menulis ujian, pendaftaran di Pusat Tes Berbasis Komputer Terakreditasi JAMB (CBT) adalah wajib. Namun, tidak seperti rekan -rekan mereka di bagian lain …
Read More »Naira continued depreciation, spilling N45 in the official market to trade at N1.612/$ 1
The Nigerian currency, Naira, continued to depreciate the US dollar in the official window on Monday, April 7, 2025. According to Nigerian Central Bank data (CBN), this shows that Naira depreciated to N1.612.23/$ 1 from N1, 567.02/$ 1 which was traded on Friday, April 4, 2025. This shows that Naira depreciated by N45.21 to the dollar every day. In the …
Read More »The equity market opens weeks with massive losses ₦ 65BN when the stock falls
Nigeria’s equity market began this week with massive losses because investors lost N658 billion on the trading floor of the Nigeria Xchange Group (NGX) on Monday, April 7, 2025. This follows a decrease in stock prices such as Oando, Rtbrisscoe, and Cornert among others on the trading floor. After five hours of trading in the capital market, the capitalization of …
Read More »VFD, Prudential Africa, Dicon Union, Livestock Feed emerged as the top stock to watch this week
Investors in the Nigerian equity market lost the N110 billion at the close of trading last week. The market opened for three days of trading last week because the Federal government stated March 31 and April 1 as a public holiday to mark the celebration of Eid al -Fitr this year. Market capitalization fell to N66.1 trillion from N66.2 trillion …
Read More »Reject World Bank Loans $ 1.08 billion, missing investigations N233BN in NBET, others, absorbing telling Tinubu
The Socio-Economic Rights and Accountability Project (SERAP) has urged the Tinubu Ball President “to reject the recently approved World Bank loans and vice versa directed the Attorney General Federation and the Minister of Justice Mr Lateef Fagbemi, San, and Foren who were not in accordance with publis that did not be investigated with no investigation by non-investigated by non-corruption by …
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