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Fri Apr 25 2025 21:02:32 GMT+0000 (Coordinated Universal Time)


Gold price jumps amid trade war fears • U.S. crude oil losses deepen • Elon Musk’s net worth sinks • Nigerian Naira Plunges, and more - Tuesday 08/April/2025 Top Business News Headlines

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Published (Updated) on Tuesday, April 8, 2025

Tuesday 08/April/2025 Top Business News Headlines

  • Gold price jumps amid trade war fears; experts highlight key levels
  • U.S. crude oil losses deepen as Trump tariffs fuel recession fears
  • World’s richest man, Elon Musk’s net worth sinks below $300 billion
  • Nigerian Naira Plunges 3.5% to N1,628/$1 at Official Market on FX Liquidity Squeeze
  • Apple's 3-day loss in market cap swells to almost $640 billion
  • Global stocks plummet as Trump offers no respite from tariffs
  • China’s biotech advances threaten US dominance, warns congressional report
  • Trump threatens extra 50% tariff on China in day of wild market swings
  • China vows ‘fight to the end’ after Trump threatens extra 50% tariff
  • Trump’s tariff war wipes $2 trillion from U.S. tech giants’ stocks in one day 
  • Ola Electric share price tanks 71% in 8 months.
  • Trump’s tariffs threaten 35,000 jobs in South Africa’s citrus export industry   
  • China offers first hint of devaluation with weak renminbi fix
  • ExxonMobil chief’s pay boosted by 19% to $44.1mn
  • European stocks move 1.4% higher, reversing course after streak of tariff-led losses
  • Nigeria stocks join global plunge on tariff turmoil
  • Microsoft terminates jobs of engineers who protested use of AI products by Israel
  • Binance asks Court to set aside Nigerian Government’s $81 billion substituted suit service 
  • Japan stocks rise 6% as Asia-Pacific markets trade higher after previous session's losses
  • Vietnam emerged as a trade winner, however Trump new tariffs may disrupt that
  • UK loses bid to keep Apple appeal against demand for iPhone 'backdoor' a secret
  • Oil drops further as fears of global recession rise
  • Nigerian renown entrepreneur and founder of Diamond Bank, Pascal Dozie dies at 86
Source: News Agencies
News ☛ Agencies and Media

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