Dave Ibemere
5046 articles published since 20 Sep 2021
5046 articles published since 20 Sep 2021
Nigeria’s foreign ministry said electricity was cut to its Pretoria mission by South African authorities over unpaid bills caused by funding delays.
First Abu Dhabi Bank will open a Lagos office, marking its first sub-Saharan presence, targeting West African infrastructure, energy, and financial sector.
The World Bank announces a Regional Industry Director vacancy for qualified Nigerians as MD Anna Bjerde visits Nigeria to boost jobs, growth, energy, and investment.
Nigeria’s new Tax Act tightens filing timelines, raises penalties, and signals tougher enforcement as authorities prepare for full implementation.
NNPC raised petrol prices nationwide again, selling above Dangote-linked rates, as marketers warn crude oil pressures could push pump prices toward N1,000 per litre.
Independent marketers and private depots are selling petrol below Dangote and NNPC prices, undercutting refinery rates while MRS aligns pumps at N839 per litre.
Stock market recorded mixed performance as investors traded 3.09bn shares, Financial Services led activity, market capitalisation also rose slightly.
The naira strengthened against the U.S. dollar last week, closing at N1,417.95/$, supported by improved liquidity, exporter inflows, and reduced market volatility.
Nigeria’s stock market added N11.36 trillion in billionaire wealth in 2025, driven almost entirely by Abdul Samad Rabiu and Aliko Dangote from listed stocks.
Dave Ibemere
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