Economy - Page 5

Bitcoin Nears $84k Amidst Trade War Fears

Bitcoin recovered, surging towards $84,000 on Saturday amidst trade war uncertainties between the United States and other countries. It rebounded from losses sustained earlier in the week. The price of Bitcoin dipped as low as $74,700 on Monday, fueled by concerns over
April 13, 2025

MTN Plans Second Public Offer In Nigeria

MTN Group President, Ralph Mupita, has announced plans to reduce its shareholding in MTN Nigeria through a public offer after it returns to profitability. The group aims to cut its stake from 76 percent to 65 percent in line with its longstanding
April 11, 2025

US Dollar Slumps On Stop-Start Tariffs

The US dollar plunged against the euro and other main rivals again on Thursday after President Donald Trump abruptly paused higher tariffs on all countries except China, adding to investor uncertainty. The greenback lost over one percent against the European single currency,
April 10, 2025

Oyo Seeks US Investment In Solid Minerals, Agric

Oyo State Governor, Seyi Makinde, has expressed the state’s readiness to partner with the United States in exploring investment opportunities in solid minerals development, agribusiness, education, energy, and other critical sectors. The governor made this known on Wednesday during a courtesy visit
April 10, 2025

Crypto Rebounds, Gains 10% In 24 Hours

The cryptocurrency market rebounded on Tuesday, with Ethereum (ETH) rallying back to around $1,550, about a 10% gain within the past 24 hours. The surge follows a dramatic decline to a two-year low of $1,410 earlier in the week, during which ETH
April 8, 2025
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