Dave Ibemere
6100 articles published since 20 Sep 2021
6100 articles published since 20 Sep 2021
Moove has exited Nigeria, transferring N35 billion worth of vehicles to eligible customers after years of supporting thousands of drivers nationwide.
Brent crude surged above $105 per barrel, prompting Nigerian depot owners to raise petrol and diesel prices across Lagos, Warri, Port Harcourt and Calabar.
TCN has announced a power outage in parts of Nasarawa after three transmission towers collapsed, disrupting electricity supply to Keffi and surrounding communities.
Dangote Refinery has approved 20 petroleum marketers, including MRS, TotalEnergies, A.A Rano, and NNPC Retail, to purchase petrol under its new arrangement.
The NNPC has reduced petrol price by N5 per litre across Nigeria, with Lagos and Rivers recording the lowest rate while Yobe has the highest price at N1,435.
Nigeria’s naira hits a two-year high as stronger FX inflows, rising reserves and improved market liquidity boost confidence despite the latest rate cut.
Nigerian investors lost N110.16 billion as the NGX extended its losing streak to six days, with market capitalisation falling to N162.39 trillion.
Afri Invoice’s four subscription plans target Nigerian businesses amid e-invoicing reforms, but prices, usage limits and NRS integration status remain undisclosed.
Five Nigerian banks feature in Africa’s top 100 ranking as recapitalisation boosts capital, with Stanbic IBTC recording the biggest jump among lenders.
Dave Ibemere
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