Dave Ibemere
5949 articles published since 20 Sep 2021
5949 articles published since 20 Sep 2021
Dangote Refinery has raised diesel prices by N100 to N1,670 per litre, increasing costs for marketers, businesses and other heavy diesel users nationwide.
Nigerian builders face fresh pressure as cement dealers announce new prices, with rising costs forcing homeowners to revise budgets and delay construction projects.
FMBN has listed 10 reasons NHF loan applications may be delayed or denied, including insufficient contributions, income issues, incomplete documents, and security.
The Nigerian currency has weakened by N7.09 against the dollar at NAFEM, closing at N1,350.41/$1, while interbank FX turnover rose to $370.98 million.
Dangote Refinery sells petrol at N1,165 per litre, below estimated import parity of N1,212.45, giving marketers stronger incentive to buy locally refined fuel.
Fuel marketers are shifting trucks to Dangote Refinery as lower diesel and petrol prices offer significant savings compared with competing Lagos depots.
Dangote has opened applications for young graduates to join its Fleet Management Graduate Programme, offering structured training and practical experience.
Nigeria has opened EMERGE grant applications for mining explorers, researchers and critical minerals projects, offering funding to unlock solid mineral.
The US has lifted a 12-year security restriction on Nigerian vessels, potentially reducing shipping costs, delays and boosting trade, investment.
Dave Ibemere
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