Dave Ibemere
5047 articles published since 20 Sep 2021
5047 articles published since 20 Sep 2021
Investors gained as the NGX closed higher, with market capitalisation rising by N232bn, driven by positive sentiment despite weaker trading activity.
Experts say Nigeria can achieve its 2030 clean cooking target by aligning carbon markets, tax reforms and manufacturing, with BURN driving solutions nationwide.
The NUPRC has opened 50 oil blocks across five basins for the 2025 licensing round, targeting technically strong firms and $10 billion investments.
BUA Foods Plc posted a record N507.7 billion profit in 2025, driven by strong sales, lower finance costs, and improved naira stability in FX market.
NNPC has adjusted petrol pump prices nationwide, with motorists now paying between N800 and N915 per litre and it is set to add more pressures on households.
The US dollar fell to its lowest level in four years after Trump dismissed concerns, boosting gold, the euro, Swiss franc, and slightly strengthening the naira.
The Nigerian stock market closed lower on Wednesday as sell pressure dragged the All-Share Index down 0.33%, with 623 million shares worth N16.5 billion traded.
The CBN has approved a temporary two-month window allowing importers to use expired NAFDAC licences for Form M processing amid ongoing trade system transitions.
The Nigerian Exchange saw mixed activity, with profit-taking in oil and gas, select stocks gaining, while Access bank leads trading volume for the day.
Dave Ibemere
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