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Rhoda Onuzulike

NGX Opens Positive With N79bn Profit

Opening the week’s trading, the Nigerian Exchange Ltd.(NGX)market capitalisation advanced by N79 billion or 0.14 per cent to close at N56.536 trillion, from an...

Fx Crisis: PZ Cussons Nigeria Begin Plans to Sell

Multinational consumer goods company, PZ Cussons, says it has commenced plans to sell its African subsidiaries to any interested buyer. The parent company of PZ...

Nigeria’s Second Quarter Nominal GDP Hits N60.93tn

The Federal Government has announced that Nigeria’s nominal Gross Domestic Product reached N60.93tn in the second quarter of 2024, reflecting a significant improvements in...

Rail Transport Generated N1.69bn in Q2– NBS

The Nigerian rail system generated N1.69bn in revenue from passengers in the second quarter of 2024, reflecting a 53.14 per cent increase compared to...

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US Urges Citizens To Leave Iran Immediately As Unrest Escalates

The United States has advised its citizens to leave Iran without delay, citing growing security risks amid escalating unrest across the country. In an updated travel alert released on Monday, the U.S. Virtual Embassy Iran warned Americans currently in Iran to prepare for worsening conditions and to consider...

China Says It Will Defend Its Interests After US Threatens Tariffs Over Iran Trade

China has said it will firmly protect its national interests following a warning from US President Donald Trump that Washington would impose a 25% tariff on countries that continue doing business with Iran. Speaking at a regular press briefing on Tuesday, Chinese foreign ministry spokeswoman Mao Ning criticised...

Trump Warns Countries Trading With Iran Of 25% US Tariffs As Tensions Escalate

US President Donald Trump has announced that countries maintaining commercial ties with Iran will face a 25% tariff on trade with the United States, as Washington weighs a range of military and non-military options in response to the ongoing unrest in Iran. According to two US Department of...