Economy

44 Posts
Coindesk
Coindesk
· May 10

Dogecoin Surges 10%, Bitcoin Nears $104K Amid Renewed ‘Risk-on’ Sentiment

Bitcoin surged past $100,000, nearing $104,000 for the first time in over two months amid improving macroeconomic sentiment and Ethereum’s successful Pectra network upgrade. Altcoins saw gains led by Dogecoin’s 10% rally and Ethereum’s 3.5% rise, while other major cryptocurrencies like Solana, Cardano, XRP, and BNB also experienced increases of...
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Business
Nairametrics
Nairametrics
· May 10

FAAN opens new cargo terminal at Lagos General Aviation Terminal 

The Federal Airports Authority of Nigeria (FAAN) has inaugurated a new domestic cargo processing terminal at Lagos’ General Aviation Terminal (GAT) to modernize and enhance aviation logistics. The facility aims to improve cargo handling efficiency, scalability, safety, and connectivity, addressing bottlenecks especially for agricultural produce and e-commerce goods. The initiative,...
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Aviation
Legit
Legit
· May 9

Trump suggests lower China tariff, says 80% ‘seems right!’

US President Donald Trump suggested lowering tariffs on Chinese imports to 80%, down from the current 145%, with some goods facing cumulative duties up to 245%. This proposal comes ahead of trade talks in Geneva between US Treasury Secretary Scott Bessent and China’s Vice Premier He Lifeng aimed at de-escalating...
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Business
Legit
Legit
· May 8

Nigerians react as Dangote meets with the Bayo Ojulari-led NNPC team

Aliko Dangote, President of Dangote Group, met with NNPCL CEO Bashir Bayo Ojulari to discuss cooperation and healthy competition between Dangote Refinery and NNPCL. The meeting marks a potential thaw in their previously tense relationship under past leadership, especially regarding the naira-for-crude deal. Both leaders expressed optimism about productive collaboration...
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Business
Leadership
Leadership
· May 8

Nigeria First: Use Nigerian Hospitals, Cars, Atiku Replies Tinubu

Former Vice President Atiku Abubakar criticized President Bola Tinubu’s “Nigeria First” policy as a public relations stunt lacking real commitment. He challenged President Tinubu to promote local industry by using Nigerian-made cars like Innoson and conducting medical check-ups at Nigerian hospitals instead of abroad. Atiku accused the Tinubu administration of...
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Economy
Arise
Arise
· May 8

IMF Removes Nigeria From List Of Indebted Countries – Arise News

The International Monetary Fund (IMF) has removed Nigeria from its list of debtor countries after the nation fully repaid its outstanding loans, amounting to about $1.61 billion during the pandemic period. Data from StatiSense confirmed a steady reduction in Nigeria’s debt to the IMF from July 2023 to early 2025...
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Business