Oil prices sank today on hopes for an Iran nuclear breakthrough after Donald Trump said a deal was “getting close” and US media reported Tehran had indicated it could be open to curbs on its atomic programme. The remarks from the US president came after the two sides on Sunday held their fourth round of […]
Nigerian stocks yesterday recorded their biggest drop in recent times following the impact of U.S President Donald Trump’s tariffs on global trade markets. Investors lost about N659 billion at the close of trading after the Nigerian Exchange’s All Share Index (ASI) decreased by 1.23 percent, its biggest single-day decline this month, reports C...
Debt servicing costs incurred by 29 state governments consumed 80.7 per cent of their Internally Generated Revenue during the first six months of 2024, highlighting the significant financial burden the sub-nationals currently face. The dire situation also forced the governors to borrow a total sum of N446.29 billion within the same period desp...
Despite recent efforts by the Central Bank of Nigeria (CBN) to bolster the foreign exchange market through interventions, the currency’s downward trend persists, prompting concerns about its potential impact on the broader economy. The depreciation of Nigeria’s currency is despite the federal government receiving a $2.25bn foreign exchange sup...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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