Dave Ibemere
5423 articles published since 20 Sep 2021
5423 articles published since 20 Sep 2021
Experts warn Nigerians buying used phones to verify IMEI numbers, network access and account locks to avoid stolen, blacklisted or unusable devices.
The NBS reported food inflation rose to 16.06% in April 2026 above headline inflation, with 11 states exceeding 20% amid rising prices pressures evident.
Nigerian billionaire Abdulsamad Rabiu overtook Johann Rupert to become Africa’s second richest man, trailing only Aliko Dangote in Forbes’ latest rankings.
Lagos plans to phase out the electricity band classification system, targeting a unified framework that supports stable, continuous, and 24-hour power supply.
The Nigerian stock market opened the week lower as profit-taking across major sectors erased gains and pushed investor sentiment into cautious territory.
Dangote Refinery has reduced jet fuel price to N1650 per litre, offering relief to airlines facing rising aviation fuel costs nationwide operators sector
CBN has introduced stricter BVN and mobile banking rules, including device limits and fraud monitoring, to strengthen security and prevent unauthorized transactions.
The SEC has said Nigeria’s capital market will move to a T+1 settlement cycle from June 1, 2026, enhancing efficiency, liquidity, and global alignment.
Petrol marketers have vowed to fight Dangote refinery’s lawsuit challenging new import licences, warning that restricting imports could threaten competition.
Dave Ibemere
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