Dave Ibemere
5059 articles published since 20 Sep 2021
5059 articles published since 20 Sep 2021
Black market pressure pushed the naira to N1,490/$, deepening forex stress, widening gaps, exposing volatility, and highlighting street market tension.
The Nigerian Exchange ended the week higher, with the ASI up 2.36%, market capitalisation rising to N106.35 trillion, led by Financial Services stocks.
A study by Renaissance Capital Africa (Rencap) has provided insights into the market valuation of banks in Nigeria, with Zenith Bank Plc emerging as the top pick.
Nigeria and Abu Dhabi Ports Group have signed a landmark MoU to enhance ports development, maritime logistics, and strengthen trade and economic cooperation.
Fuel prices in Nigeria could rise as prolonged shutdowns at Port Harcourt, Warri and Kaduna refineries deepen import dependence and threaten supply stability.
The naira strengthened at the NFEM last week, gaining modestly as improved liquidity and calmer trading conditions helped reduce volatility across markets.
Food inflation in Nigeria slowed to 10.84% in December 2025, with Yobe, Ogun, and Abuja recording the highest increases, while prices of key staples declined.
Nigerian banks, including FirstBank, UBA, Access, Zenith, and GTB, have met CBN recapitalisation requirements, sending confidence to investors ahead of deadline.
ProvidusBank has opened applications for its Graduate Trainee Sales Programme, inviting graduates to begin careers in sales and relationship management.
Dave Ibemere
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