Dave Ibemere
5044 articles published since 20 Sep 2021
5044 articles published since 20 Sep 2021
The naira has strengthened against the British pound, euro, and United States dollar on Wednesday, supported by rising forex inflows, boosting reserves.
NNPC is negotiating with a Chinese petrochemical firm and other investors to revive Nigeria’s four state-owned refineries by selling partial equity.
Wema Bank has entered Nigeria’s exclusive N1 trillion market capitalisation club for the first time, driven by rising share prices, improved earnings.
Private depot owners have cut petrol prices to boost sales, attracting marketers away from Dangote Refinery as Nigeria’s downstream fuel market becomes competitive.
Elon Musk’s net worth has surged to a new high after reaching a deal of SpaceX merging with xAI, making him the first person ever worth more than $800 billion.
Flutterwave, the Nigerian fintech, ignites viral reactions online with NYSE-linked photos, showcasing its global success despite no formal listing announcement.
Nigeria has handed over the African Energy Bank headquarters in Abuja, setting the stage for operations to begin in June, advancing Africa’s energy independence.
The naira surged to a record N1,372.91 per dollar in the official FX market, supported by rising reserves and improved foreign exchange liquidity.
The Nigerian Exchange rose as bargain-hunting boosted banking and industrial stocks, lifting market capitalisation by N333 billion and extending the Y/D returns.
Dave Ibemere
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