Dave Ibemere
5393 articles published since 20 Sep 2021
5393 articles published since 20 Sep 2021
NNPC begins workforce reduction as over 70% of eligible employees opt for voluntary retirement under its restructuring and efficiency-driven programme.
Africans borrowed $3.18bn airtime on credit in 2025 as fintech lending surged, driven by Optasia’s expansion and rising demand for mobile-based credit services.
CPPE says IMF report reflects Nigeria’s progress in stability but urges inclusive growth, lower rates, investment and reforms to reduce poverty and costs.
NGX closed higher as the All-Share Index rose 0.88% to 244,738.74 points, while market capitalisation increased to N156.97 trillion on strong financial stocks.
Nigeria’s Q1 2026 GDP shows mixed sectoral performance with strong growth in finance, mining, construction, ICT, and weak results in utilities and education.
Max Air resumes full operations June 15 after maintenance, while Pioneer Airlines secures NCAA approval for charter flights under strict safety oversight in Nigeria.
IMF has advised Nigeria to introduce fuel and telecom taxes to boost revenue, warning of higher costs, inflation, and economic pressure on households nationwide.
Nigeria’s external reserves rose to $50.42 billion on June 10, 2026, extending gains driven by stronger inflows, oil earnings, and foreign exchange reforms.
Elon Musk leads global billionaire rankings with $1.11 trillion net worth, far ahead of rivals as tech founders dominate the world’s richest list.
Dave Ibemere
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